Plan Snapshot
- Plan Sponsor: Nike, INC.
- Sponsor EIN: 930584541
- Sponsor Address: ONE BOWERMAN DRIVE, BEAVERTON, OR, 970056453
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 36,539
- Total Assets: $5.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 36,539 | $5.9B | $140.6M | $232.8M |
| 2023 | 37,293 | $5.9B | $160.2M | $263.8M |
| 2022 | 40,345 | $5.2B | $140.6M | $233.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BLACKROCK INSTITUTIONAL TRUST | Investment Advisor | $1,827,588 | — | $1,827,588 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $148,765 | — | $148,765 |
| MERCER | Investment Advisor | $125,000 | — | $125,000 |
| NEWPORT TRUST COMPANY, LLC | Other Service Provider | $85,000 | — | $85,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,186,353
- Estimated Expense Ratio: 0.037% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,101,353 | $1,952,588 | — | — | — |
| 2023 | $2,059,849 | $1,785,055 | — | — | — |
| 2022 | $34,436 | — | — | — | — |