Summary by Futu AI
Walmart Inc. has filed its annual Form 11-K report with the SEC for the fiscal year ended January 31, 2024, detailing the financial status of the Walmart Puerto Rico 401(k) Plan. The independent audit, conducted by Ernst & Young LLP, concluded that the financial statements present fairly the net assets available for benefits at the end of the fiscal year and the changes during the year, in accordance with U.S. GAAP. The Plan's net assets available for benefits increased from $112,590,038 in 2023 to $139,098,041 in 2024. The Plan, which is a defined contribution plan subject to ERISA, allows eligible employees to contribute a portion of their wages and receive matching contributions from Walmart. Investments include a mix of Walmart equity securities, mutual funds, and...Show More