Activision Blizzard 401(k) Review & Grade
Activision Blizzard 401(k) Plan
Santa Monica, CAManufacturing7,402 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,588Employer $ per active participant
$14,725Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$1.5BNet plan assets, end of year
$144,036Average balance per account
Score breakdown
- Employer generosity26.5 / 5053th percentile for employer $ per participant
- Low cost20.2 / 2581th percentile for low admin cost vs. same-size plans
- Employee saving14.3 / 1596th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score61 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 81th |
| Employee saving | 96th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Corrective distributions: the plan refunded $96,368 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Activision Blizzard put in about $3,588 per active participant, more than the typical peer ($3,452). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $26,554,489 |
| Participant (employee) contributions | $108,984,003 |
| Other contributions (incl. rollovers in) | $9,927,702 |
| Administrative expenses paid from the plan | $623,475 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $447,116 |
| Benefits paid out | $113,830,241 |
| Net assets, start / end of year | $1.3B / $1.5B |
| Active participants, start / end of year | 7,971 / 6,832 |
| Participants with account balances | 10,483 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Farber Hass Hurley LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $447,116 reported compensation |
| Fidelity Investments Institutional | $176,359 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010160157NAL0012962688001, received 2025-10-10, EIN 94-2606438, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.