This file is indexed.

/usr/share/kde4/config/kwalletrc is in plasma-active-default-settings 1:0.4-0ubuntu1.

This file is owned by root:root, with mode 0o644.

The actual contents of the file can be viewed below.

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[Auto Allow]
kdewallet=Network Management,KDE Daemon,KDE Control Module,Add Ons App,Plasma Active Web Browser

[Wallet]
Close When Idle=false
Enabled=true
First Use=false
Use One Wallet=true