401(k) · DOL Form 5500 · 2022
Under Armour, Inc. 401(k) Plan
Data updated 2026-08-11
- $271M
- Total assets
- 11,380
- Participants
- 97th
- Percentile by assets
- $23,776
- Avg per participant
Official DOL plan name: Under Armour 401(k) Plan · Sponsored by Under Armour, Inc. · Maryland · Manufacturing
$271M in assets, 11,380 participants
Under Armour, Inc.'s Under Armour 401(k) Plan reported $271M in total assets and 11,380 participants in its 2022 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 97th percentile by assets (of 139,126 plans)
- #19,459 in Manufacturing (20,602 peers)
Coverage in Maryland
Under Armour 401(k) Plan covers 11,380 participants in Maryland, 12x the typical Maryland plan (state average ~929 per filing). Assets: $271M.
- $271M
- total plan assets (2022 EOY)
- 11,380
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $23,776
- avg assets per participant
The plan reported a net loss of $41M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Maryland filers
In Maryland, the average filing covers about 929 participants across 2,484 plans. Under Armour 401(k) Plan reports 11,380 participants - 12x that state average ($271M EOY assets).
Maryland filing particulars
| Total Assets (Beginning of Year) | $312M |
|---|---|
| Net Assets (End of Year) | $271M |
| Net Income | -$41M |
| Employer EIN | 521990078 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Under Armour, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 11,380 | $271M |
| 2023 | 1 | 11,667 | $341M |
| 2024 | 1 | 13,125 | $382M |
Nearby 401(k) Plans in Maryland
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Under Armour 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
- Lockheed Martin Corporation Salaried Savings Plan $43.6B · 87,666
- Marriott Retirement Savings Plan $8.3B · 82,576
- T. Rowe Price U.S. Retirement Program $3.7B · 6,107
- Nfl Player Second Career Savings Plan $3.3B · 2,819
- Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $1.9B · 74,729
Scale composition for Under Armour 401(k) Plan
Under Armour 401(k) Plan reports $271M in end-of-year assets across 11,380 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $23,776 per participant (17% of the national average assets-per-participant) . Net income for plan year 2022 was -$41M.
This plan identity (EIN 521990078, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $271M to $382M (+41.2%) while covered participants moved from 11,380 to 13,125 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,380 | $271M | This page |
| 2023 | 11,667 | $341M | Open filing |
| 2024 · index core | 13,125 | $382M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Under Armour 401(k) Plan (401(k), $382M, 13,125 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Under Armour 401(k) Plan by total assets, not by location.
- Carr, Riggs & Ingram, LLC 401(k) Plan & Trust (AL) $271M · 2,083
- Avalonbay Communities, Inc. Associates Savings Plan (VA) $270M · 2,759
- Consolidated Nuclear Security 401(k) Plan for Bargaining Pantex Location Employees (TN) $271M · 1,817
- Northwest Sheet Metal Workers Supp Pension Plan (OR) $271M · 7,487
Frequently Asked Questions
How did Under Armour 401(k) Plan assets move in 2022? ▼
How have Under Armour, Inc. plan assets changed over time? ▼
Where does Under Armour 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Under Armour 401(k) Plan? ▼
Next read for Under Armour 401(k) Plan
Filing takeaways
Ways to act on Under Armour 401(k) Plan's numbers.
- By total assets, Under Armour 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Maryland. Compare plans
- Under Armour, Inc.'s sponsor-wide assets have grown 41.2% since 2022 across 3 plan years on file. More Manufacturing plans