Employers › Under Armour
Recordkeeping fees per participant · Under Armour 401(k) Plan · plan year 2024
$47.48
Higher than 47% of the 1,697 plans $250M to 1B that report it.
= $219,582 / 4,625
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250922120956NAL0006656099001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922120956NAL0006656099001, received 2025-09-22
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-22.
Administrative expenses excluding investment management, per participant
$105.56
Higher than 78% of the 2,324 plans $250M to 1B that report it.
= $488,238 / 4,625
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250922120956NAL0006656099001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922120956NAL0006656099001, received 2025-09-22
Administrative expenses per participant
$105.56
Higher than 62% of the 2,405 plans $250M to 1B that report it.
= $488,238 / 4,625
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250922120956NAL0006656099001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922120956NAL0006656099001, received 2025-09-22
Administrative expenses as a share of assets
0.128%
Higher than 77% of the 2,407 plans $250M to 1B that report it.
= $488,238 / $382,161,225
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250922120956NAL0006656099001, received 2025-09-22
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250922120956NAL0006656099001, received 2025-09-22
Employer contributions per participant
$2,413
Higher than 36% of the 2,457 plans $250M to 1B that report it.
= $11,159,942 / 4,625
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250922120956NAL0006656099001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922120956NAL0006656099001, received 2025-09-22
Employer share of total contributions
30.5%
Higher than 48% of the 2,459 plans $250M to 1B that report it.
= $11,159,942 / $36,610,746
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250922120956NAL0006656099001, received 2025-09-22
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250922120956NAL0006656099001, received 2025-09-22
Plan terms are described in Under Armour, Inc.'s SEC filings: Form 10-K filed 2026-05-19. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250922120956NAL0006656099001, received 2025-09-22
| Field | Value | Source |
|---|---|---|
| Plan sponsor | UNDER ARMOUR, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Plan name | UNDER ARMOUR 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Sponsor EIN / plan number | 52-1990078 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Sponsor location | BALTIMORE, MD | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Industry (business code) | 315220, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Filing received | 2025-09-22 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Participants, beginning of year | 14,852 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Active participants | 12,621 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Participants, end of year | 14,248 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Participants with an account balance | 4,625 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Total assets, beginning of year | $340,909,714 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Total assets, end of year | $382,161,225 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Net assets, end of year | $382,161,225 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Total income | $85,990,840 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Net income | $41,251,511 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Employer contributions | $11,159,942 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Participant contributions | $22,103,153 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Other contributions (incl. rollovers) | $3,347,651 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Total contributions | $36,610,746 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Benefit payments | $44,251,091 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Total expenses (incl. benefit payments) | $44,739,329 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Total administrative expenses | $488,238 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Recordkeeping fees | $219,582 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| IQPA audit fees | $6,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Administrative expenses excluding investment management | $488,238 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Held in common/collective trusts | $285,460,294 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Held in mutual funds | $92,591,013 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250922120956NAL0006656099001, received 2025-09-22 |
| Independent auditor | PBMARES | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250922120956NAL0006656099001, received 2025-09-22 |
Position = column in the DOL layout for form year 2024. Filing 20250922120956NAL0006656099001, received 2025-09-22.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| T ROWE PRICE RPS INCrecordkeeper | NONE | 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 28 Investment management; 37 Participant loan processing; 38 Participant communication; 49 Other services; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 62 Float revenue; 64 Recordkeeping fees; 65 Account maintenance fees | $182,082 | yes |
| MMA SECURITIES | NONE | 16 Consulting (general); 50 Direct payment from the plan | $45,000 | no |
| ROLAND CRISS FIDUCIARY | NONE | 49 Other services; 50 Direct payment from the plan | $37,500 | no |
| PB MARES | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $6,000 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250922120956NAL0006656099001, received 2025-09-22.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $340,909,714 | $382,161,225 | 12.1% |
| Participants with a balance | 4,909 | 4,625 | -5.8% |
| Administrative expenses | $540,341 | $488,238 | -9.6% |
| Recordkeeping fees per participant | $70.92 | $47.48 | -33.1% |
| Employer contributions | $13,440,112 | $11,159,942 | -17.0% |
Prior filing 20241015103525NAL0014411187001, received 2024-10-15; the plan years are contiguous.
Sponsor name as filed: UNDER ARMOUR, INC.; SEC registrant: Under Armour, Inc. (CIK 1336917, matched by EIN; display name from the Form 10-K cover).