Mattel, Inc. 401(k) Review & Grade
Mattel, Inc. Personal Investment Plan
El Segundo, CAWholesale Trade3,832 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,077Employer $ per active participant
$9,621Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$1.3BNet plan assets, end of year
$172,224Average balance per account
Score breakdown
- Employer generosity46.1 / 5092th percentile for employer $ per participant
- Low cost19.1 / 2577th percentile for low admin cost vs. same-size plans
- Employee saving14.3 / 1595th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score80 / 100 · Grade A
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 92th |
| Lower admin cost | 77th |
| Employee saving | 95th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Mattel put in about $7,077 per active participant, more than the typical peer ($2,459). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $27,115,000 |
| Participant (employee) contributions | $36,864,000 |
| Other contributions (incl. rollovers in) | $4,361,000 |
| Administrative expenses paid from the plan | $657,000 |
| Investment advisory & management fees | $389,000 |
| Other admin expenses | $14,000 |
| Benefits paid out | $136,202,000 |
| Net assets, start / end of year | $1.2B / $1.3B |
| Active participants, start / end of year | 3,779 / 3,884 |
| Participants with account balances | 7,342 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Moss Adams, LLP |
| Employer stock held by plan | $12,207,000 |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $320,113 reported compensation |
| Fidelity Investments Institutional | $197,237 reported compensation |
| Wilshire Advisors Inc. | $75,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250623221016NAL0003947283001, received 2025-06-23, EIN 95-1567322, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.