Adidas America, Inc. 401(k) Review & Grade
Adidas 401(k) Savings and Retirement Plan
Portland, ORManufacturing7,445 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,365Employer $ per active participant
$4,260Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$956.2MNet plan assets, end of year
$96,440Average balance per account
Score breakdown
- Employer generosity32.0 / 5064th percentile for employer $ per participant
- Low cost19.1 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving4.1 / 1528th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 76th |
| Employee saving | 28th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Corrective distributions: the plan refunded $624 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Adidas America put in about $4,365 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $32,497,826 |
| Participant (employee) contributions | $31,714,285 |
| Other contributions (incl. rollovers in) | $3,271,787 |
| Administrative expenses paid from the plan | $494,430 |
| Investment advisory & management fees | $153,580 |
| Benefits paid out | $89,624,307 |
| Net assets, start / end of year | $858.6M / $956.2M |
| Active participants, start / end of year | 8,463 / 6,427 |
| Participants with account balances | 9,915 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | KBF Cpas - Audit, LLP |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $395,497 reported compensation |
| Ubs Financial Serices Inc. | $98,790 reported compensation |
| Charles Schwab & Co., Inc. | $632 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251027155932NAL0009921872001, received 2025-10-27, EIN 93-1175150, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.