2023 Form 5500 filing — 401(K) Savings And Profit Sharing Plan For Employees Of Nike, Inc.
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241211155259NAL0023686962001) for 401(K) Savings And Profit Sharing Plan For Employees Of Nike, Inc., reported by Nike, Inc. under EIN 93-0584541 and plan number 001. It reports 51,312 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241211155259NAL0023686962001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nike, Inc.
- EIN
- 93-0584541
- Plan number
- 001
- Location
- Beaverton, OR
- Participants
- 51,312
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,902,107,007
- Total liabilities (EOY)
- $1,802,590
- Net assets (EOY)
- $5,900,304,417
- Employer contributions
- $160,176,204
- Participant contributions
- $263,805,768
- Total income / additions
- $1,156,324,746
- Benefits paid
- $437,279,467
- Administrative expenses
- $2,059,849
- Total expenses
- $439,406,767
- Net increase / (decrease)
- $716,917,979
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blackrock Institutional Trust | INV. ADVISOR | $1,660,055 | $0 |
| Northern Trust Company | TRUSTEE | $150,603 | $0 |
| Mercer | INV ADVISOR | $125,000 | not reported in the loaded dataset |
| Newport Trust Company, LLC | INV MGT | $70,969 | not reported in the loaded dataset |