Walmart is a multinational retailer that operates a chain of hypermarkets and departmental stores across the United States. It operates more than 10,500 stores worldwide as of 2024 and is headquartered in Bentonville, Arkansas, United States.
Here is some information about the Walmart 401k Plan:
| Walmart 401k Provider | Merrill Lynch |
| Walmart 401k Plan Name | Walmart 401k Plan |
| Walmart 401k Login | https://www.benefits.ml.com/login/login |
| Walmart 401k Phone Number | 866-820-1492 |
| Walmart 401k Provider Address | P.O. Box 29002, Hot Springs, AR, 71903-9002 |
| Walmart 401k Plan Administrator Address & Phone Number | 508 SW 8TH STREET, BENTONVILLE, AR, 72716-3500Phone: 800-421-1362 |
About Walmart
Walmart Inc. is a leading American multinational retail corporation that operates a vast network of hypermarkets, discount department stores, and grocery stores.
Founded in 1962 by Sam Walton and his brother James “Bud” Walton in Rogers, Arkansas, Walmart has grown to become the largest retailer in the world by revenue, with operations spanning 24 countries and over 10,500 stores globally. Walmart’s diverse product offerings include groceries, apparel, electronics, and household goods, catering to a wide range of consumer needs.
In addition to its physical stores, Walmart has made significant strides in e-commerce, enhancing its online shopping experience through various platforms. This includes the operation of Sam’s Club warehouse clubs and a growing presence in international markets such as Canada, Mexico, and India.
The company employs around 2.1 million associates worldwide, making it one of the largest employers globally. Walmart continues to innovate and adapt to changing market conditions, focusing on sustainability and community engagement as part of its corporate strategy
What other benefits do Walmart Employees get?
Walmart offers a comprehensive benefits package for its employees beyond the 401(k) plan to enhance their overall well-being and job satisfaction.
One of the key benefits includes health insurance, which covers medical, dental, and vision care. Employees can choose from various plans to suit their needs, ensuring that they have access to necessary healthcare services.
Additionally, Walmart provides life insurance options and the opportunity for employees to participate in a stock purchase program, allowing them to invest in the company and share in its financial success.
Another significant benefit is the Live Better U program, which allows eligible associates to earn a college degree or high school diploma at no cost. This initiative reflects Walmart’s commitment to employee development and education, helping workers advance their careers and improve their earning potential.
Furthermore, Walmart has introduced a new bonus structure that enables hourly workers to earn up to $1,000 in bonuses annually, alongside access to over 50 skills certificates designed to help them transition into higher-paying roles within the company13.
Recently, Walmart also expanded its Centers of Excellence in Cancer (COE) program, covering all related expenses for employees diagnosed with cancer who seek treatment at prestigious facilities like the Mayo Clinic, which underscores Walmart’s dedication to supporting employees during challenging times