401(k) · DOL Form 5500 · 2022

Under Armour, Inc. 401(k) Plan

Data updated 2026-08-25

$271M
Total assets Near avg plan size
11,380
Participants Very large workforce
97th
Percentile by assets National rank
$23,776
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#19,459
in Manufacturing (20,602 peers)
-13.3%
assets change YoY
2.7×
vs typical plan assets (national mean)

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.

Under Armour 401(k) Plan's outsized position by total assets

Under Armour 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$270,567,152 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Under Armour 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Under Armour 401(k) Plan is a mega filing (11,380 participants), the rightmost band on the breakdown.

Form 5500 schedule snapshot

Filing strip 521990078 · Under Armour, Inc. PY 2022 · 401(k)

Under Armour 401(k) Plan · $271M · 11,380 · 97th

  • NET $271M
  • NET 11,380
  • NET 97th
  • NET 401(k)
  • NET near Carr, Riggs & Ingram, LLC 401(k) Plan & Trust
  • NET ind #19459

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Maryland →

Under Armour 401(k) Plan in the asset neighbourhood

Northwest Sheet Metal Workers Supp Pension PlanNorthwest Sheet Metal Worker…$271MConsolidated Nuclear Security 401(k) Plan for Bargaining Pantex Location EmployeesConsolidated Nuclear Securit…$271MCarr, Riggs & Ingram, LLC 401(k) Plan & TrustCarr, Riggs & Ingram, LLC 40…$271MUnder Armour 401(k) Plan$271MAvalonbay Communities, Inc. Associates Savings PlanAvalonbay Communities, Inc. …$270M
End-of-year total assets ($M) among Under Armour 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$312M
Net Assets (End of Year)$271M
Net Income-$41M
Employer EIN521990078
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Under Armour, Inc.)

Sponsor-wide plan assets over time

All Under Armour, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$382M 41.24450147592196% vs 2022
2024 filing year
$250M$300M$350M$400M 202220232024 $271M $382M ▲ +41.2%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Under Armour 401(k) Plan, Total assets ($B): 0.270567152 · Participants: 11380Under Armour 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Under Armour 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

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's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Carr, Riggs & Ingram, LLC 401(k) Plan & Trust in AL ($271M); by covered participants it is Kforce 401(k) Retirement Savings Plan in FL (11,375 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (11,380 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Under Armour 401(k) Plan assets move in 2022? ▼
Under Armour 401(k) Plan pulled back noticeably - down 13.3% during 2022, from $312M to $271M. Reported net income was -$41M.
How have Under Armour, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Under Armour, Inc.'s sponsor-wide assets grew 41.2%, from $271M to $382M.
Where does Under Armour 401(k) Plan rank by assets among Form 5500 filers? ▼
Under Armour 401(k) Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Under Armour 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Carr, Riggs & Ingram, LLC 401(k) Plan & Trust in AL ($271M, 2,083 participants).
Which 401(k) plans cover a similar participant headcount to Under Armour 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kforce 401(k) Retirement Savings Plan in FL (11,375 participants, $209M in assets).