Mckesson Corporation 401(k): best low-cost funds
Mckesson Corporation 401(k) Retirement Savings Plan · Plan #002 · Irving, TX
Suggested simple Boglehead mix
The public data doesn't show enough index funds from this plan to suggest a full mix. A typical Boglehead approach: look in your menu for a US total market or S&P 500 index fund, an international index fund, and a US bond index fund, all with expense ratios under about 0.10%. Or use one low-cost target-date index fund. How the 3-fund portfolio works.
Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.
Pooled funds named in the filing (Schedule D)
These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| SS S&P 500 Index K index | State Street Global Advisors Trust CO | Common/collective trust | $715.2M |
| Jpmcb LG CP GR Cf-e | Jpmorgan Chase Bank NA | Common/collective trust | $456.0M |
| Vanguard Target 2035 | Vanguard Fiduciary Trust Company | Common/collective trust | $432.1M |
| Vanguard Target 2040 | Vanguard Fiduciary Trust Company | Common/collective trust | $397.3M |
| Vanguard Target 2030 | Vanguard Fiduciary Trust Company | Common/collective trust | $387.9M |
| Vanguard Target 2045 | Vanguard Fiduciary Trust Company | Common/collective trust | $345.2M |
| Vanguard Target 2050 | Vanguard Fiduciary Trust Company | Common/collective trust | $268.9M |
| Vanguard Target 2025 | Vanguard Fiduciary Trust Company | Common/collective trust | $227.8M |
| Vanguard Target 2055 | Vanguard Fiduciary Trust Company | Common/collective trust | $171.9M |
| MFS Intl Equity 3A | MFS Heritage Trust CO | Common/collective trust | $114.8M |
| Vanguard Target 2060 | Vanguard Fiduciary Trust Company | Common/collective trust | $91.7M |
| LS Core Plus Bond F | Loomis Sayles Trust Company, LLC | Common/collective trust | $89.3M |
| Vanguard Target 2020 | Vanguard Fiduciary Trust Company | Common/collective trust | $87.2M |
| Vanguard Target INC | Vanguard Fiduciary Trust Company | Common/collective trust | $56.5M |
| Vanguard Target 2065 | Vanguard Fiduciary Trust Company | Common/collective trust | $29.5M |
| Separate Account 45-003 | NEW York Life Insurance Company | Pooled separate account | $18.9M |
| SS RSL Smmdcp IDX II | State Street Global Advisors Trust CO | Common/collective trust | $14.1M |
| Vict INT Smmdcp VL C | Global Trust Company | Common/collective trust | $7.2M |
| Wfld Smmd CP GR EQ D | Comerica Bank & Trust, N.a. | Common/collective trust | $7.1M |
| SS US Bond Indx XIV | State Street Global Advisors Trust CO | Common/collective trust | $5.4M |
| Vanguard Target 2070 | Vanguard Fiduciary Trust Company | Common/collective trust | $4.6M |
| SS Gaceq Exus IDX II | State Street Global Advisors Trust CO | Common/collective trust | $3.6M |
| Voya Core Plus Trust Fund | Voya Investment Trust CO. | Common/collective trust | $0 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $193.6M | 3.4% |
| Common/collective trusts | $3.9B | 68.9% |
| Pooled separate accounts | $18.9M | 0.3% |
| Employer securities (company stock) | $822.4M | 14.5% |
| Common stock (direct) | $443.2M | 7.8% |
| Participant loans | $45.7M | 0.8% |
| Other investments | $154.5M | 2.7% |
Fees paid from plan assets
| Contract administrator fees | $0 |
| Investment advisory & management fees | $10,336 |
| Other administrative fees | $243,523 |
| Total administrative expenses | $1.1M |
Reported administrative expenses were about 0.020% of average plan assets, or about $29 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.
Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20260115135138NAL0016465521001. EIN 943207296.