401(k) · DOL Form 5500 · 2023

Skechers USA, Inc. 401(k) Plan

Data updated 2026-08-11

$185M
Total assets
8,248
Participants
94th
Percentile by assets
$22,423
Avg per participant
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Official DOL plan name: Skechers USA, Inc. 401(k) Profit Sharing Plan · Sponsored by Skechers USA, Inc. · California · Wholesale Trade

$185M in assets, 8,248 participants

Skechers USA, Inc.'s Skechers USA, Inc. 401(k) Profit Sharing Plan reported $185M in total assets and 8,248 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #6,040 in Wholesale Trade (6,309 peers)

Coverage in California

Skechers USA, Inc. 401(k) Profit Sharing Plan covers 8,248 participants in California, 13x the typical California plan (state average ~630 per filing). Assets: $185M.

$185M
total plan assets (2023 EOY)
8,248
covered participants
94th
percentile by assets (of 127,072 plans)
$22,423
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Skechers USA, Inc. 401(k) Profit Sharing Plan reported net income rose from -$20M in the plan year 2022 filing to $45M in the plan year 2023 filing.
  • Skechers USA, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $140M in the plan year 2022 filing to $185M in the plan year 2023 filing.
  • Skechers USA, Inc. 401(k) Profit Sharing Plan reported participants rose from 7,329 in the plan year 2022 filing to 8,248 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Skechers USA, Inc. 401(k) Profit Sharing Plan reports 8,248 participants - 13x that state average ($185M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$140M
Net Assets (End of Year)$185M
Net Income$45M
Employer EIN954376145
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Skechers USA, Inc.)

$100M$150M$200M$250M 202220232024 $140M $237M ▲ +69.0%
Total plan assets by year, all Skechers USA, Inc. plans on file
Year Plans Participants Total Assets
2022 1 7,329 $140M
2023 1 8,248 $185M
2024 1 9,972 $237M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Skechers USA, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

Skechers USA, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Skechers USA, Inc. 4…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Skechers USA, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Skechers USA, Inc. 401(k) Profit Sharing Plan

Skechers USA, Inc. 401(k) Profit Sharing Plan reports $185M in end-of-year assets across 8,248 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $22,423 per participant (16% of the national average assets-per-participant) . Net income for plan year 2023 was $45M.

This plan identity (EIN 954376145, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $140M to $237M (+69.0%) while covered participants moved from 7,329 to 9,972 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,329 $140M Open filing
2023 8,248 $185M This page
2024 · index core 9,972 $237M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Skechers USA, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Skechers USA, Inc. 401(k) Profit Sharing Plan assets move in 2023?
Skechers USA, Inc. 401(k) Profit Sharing Plan surged - up 31.9% during 2023, from $140M to $185M. Reported net income was $45M.
How have Skechers USA, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Skechers USA, Inc.'s sponsor-wide assets grew 69.0%, from $140M to $237M.
Where does Skechers USA, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Skechers USA, Inc. 401(k) Profit Sharing Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Skechers USA, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Ef Education 401(k) Retirement Savings Plan in MA ($185M, 2,149 participants).

Next read for Skechers USA, Inc. 401(k) Profit Sharing…

Filing takeaways

Ways to act on Skechers USA, Inc. 401(k) Profit Sharing Plan's numbers.