Dick's Sporting Goods, Inc. 401(k) Review & Grade
Dick's Sporting Goods, Inc. Smart Savings 401(k) Plan
Coraopolis, PARetail Trade52,444 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$697Employer $ per active participant
$1,238Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$883.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity26.4 / 5053th percentile for employer $ per participant
- Low cost13.4 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving5.0 / 1533th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Retail Trade plans with 10,000+ active participants (124 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 53th |
| Employee saving | 33th |
| Peers that auto-enroll | 32% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Dick's Sporting Goods put in about $697 per active participant, more than the typical peer ($689). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $36,560,495 |
| Participant (employee) contributions | $64,948,758 |
| Other contributions (incl. rollovers in) | $10,894,392 |
| Administrative expenses paid from the plan | $648,012 |
| Other admin expenses | $648,012 |
| Benefits paid out | $60,550,467 |
| Net assets, start / end of year | $730.6M / $883.7M |
| Active participants, start / end of year | 51,564 / 53,323 |
| Participants with account balances | 17,582 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Deloitte & Touche LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $697,755 reported compensation |
| Vanguard Advisers Inc. | $6,057 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250920172245NAL0001539651001, received 2025-09-20, EIN 16-1241537, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.