Home Depot Files Audited FY2024 FutureBuilder 11-K Showing $14.2B Assets

Home Depot filed an audited Form 11-K covering the FutureBuilder defined-contribution plan for the fiscal year ended December 31, 2024. The filing, audited by KPMG and submitted June 25, 2025, shows net assets available for benefits of roughly $14.2 billion, including the plan’s interest in the Master Trust at about $13.95 billion. The document includes the plan’s schedule of assets, participant loan detail, and disclosures on plan administration and recent regulatory changes.

Those figures place the FutureBuilder plan among the larger employer plans in retail and underline the amount of retirement savings held on behalf of associates. For workers, aggregate assets are a proxy for plan scale and investment activity, while the filing’s operational disclosures provide clarity about who manages the trust, how assets are accounted for, and what participant-level features look like in practice. The participant loan schedule gives a window into how many associates have borrowed from their accounts and how outstanding loans are being administered.

The filing also references SECURE 2.0 provisions relevant to catch-up contributions and temporary associate eligibility. Employers and plan administrators across the sector have been implementing SECURE 2.0 changes since the law expanded catch-up rules and phased in broader access for long-term part-time employees. For Home Depot associates, that means the plan is aligning documentation and administration with those federal modifications, which may affect who can make higher catch-up contributions and which temporary or part-time associates qualify to participate or vest.

Practical impacts for employees include the possibility of different contribution limits for older savers, updated eligibility windows for part-time or temporary associates, and administrative updates to loan repayment rules or rollover processing. Benefits and payroll teams will need to translate the technical changes in the 11-K into account-level adjustments and communications for associates ahead of enrollment periods and tax filing seasons.

What comes next for associates is straightforward: review your most recent plan statement, check any HR or benefits communications about SECURE 2.0 implementation, and confirm loan terms if you have an outstanding participant loan. The 11-K is the formal accounting snapshot and governance disclosure that underpins those member-facing changes; its numbers and notes offer a baseline for tracking how the plan’s scale and rules may affect retirement outcomes going forward.