Retirement plan

ELECTRONIC ARTS INC. 401(K) PLAN

Name: ELECTRONIC ARTS INC. - ELECTRONIC ARTS INC. 401(K) PLAN (2022) Form 5500
Creator: ELECTRONIC ARTS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELECTRONIC ARTS INC. 401(K) PLAN, ELECTRONIC ARTS INC.

ELECTRONIC ARTS INC.EIN 94-2838567Plan #001PY 2022

209 REDWOOOD SHORES PARKWAY - REDWOOD CITY, CA 94065650-628-1500LinkedIn10001+ employeescomputer games

Prospect flagsLow returnsCorrective distributions

Top hat statement on fileNQDC

Filed October 19, 2005

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$860.6M

-10.1% from 2016

Total participants

8,069

+2.4% from 2016

Average account balance

$109,916

-11.6% from 2016

Annual return

-18.43%

-10.00 pp from 2016

Benchmarks

See 900 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort900 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.31B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$161K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

8,154

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$91.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.88%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$32

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.4 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$154,869
MERCER2 years Filed as: MERCER INVESTMENT MANAGEMENT Service code 28 · EIN 30-0282430	Investment Management	$36,000
MERCER6 years Filed as: MERCER (US) INC Service code 28 · EIN 13-2834414	Investment Management	$18,000
WELTY CAPITAL MANAGEMENT LLC3 years Service code 26 · EIN 68-0266470	Advisory (Participants)	$13,711
MOSS ADAMS LLP8+ years Service code 10 · EIN 91-0189318	Accounting	$10,290
BEDELL FRAZIER INVESTMENT COUN1 year Service code 26 · EIN 94-3325878	Advisory (Participants)	$5,308
CHARLES SCHWAB & CO., INC.8+ years Service code 33 · EIN 94-1737782	Float revenue; Securities brokerage c...	$3,248
CHARLES SCHWAB & CO., INC.5 years Filed as: CHARLES SCHWAB & CO. INC & AFFILIAT Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2F2G2J2K2R2S2T3H

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$255K

$53 / participant

Investment mgmt$89K35.1%
Other / not subdivided$165K64.9%

% of EOY assets

0.030%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$109,916

$95,388+15.2%

$125,401-12.3%

$77,906+41.1%

Participation rate

95.1%

78.6%+16.5pp

82.4%+12.7pp

73.7%+21.4pp

Annual return

-18.43%

116.19%-134.6pp

572.53%-591.0pp

12.16%-30.6pp

Employer contribution / active EE

$4,271

$3,666+16.5%

$4,816-11.3%

$2,846+50.0%

Participant deferral / active EE

$12,727

$7,711+65.1%

$7,448+70.9%

$4,805+164.9%

Admin fee / account holder

$33

$119-72.6%

$10,008-99.7%

$133-75.5%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.4 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$154,869

MERCER2 years

Filed as: MERCER INVESTMENT MANAGEMENT

Service code 28 · EIN 30-0282430

Investment Management

$36,000

MERCER6 years

Filed as: MERCER (US) INC

Service code 28 · EIN 13-2834414

Investment Management

$18,000

WELTY CAPITAL MANAGEMENT LLC3 years

Service code 26 · EIN 68-0266470

Advisory (Participants)

$13,711

MOSS ADAMS LLP8+ years

Service code 10 · EIN 91-0189318

Accounting

$10,290

BEDELL FRAZIER INVESTMENT COUN1 year

Service code 26 · EIN 94-3325878

Advisory (Participants)

$5,308

CHARLES SCHWAB & CO., INC.8+ years

Service code 33 · EIN 94-1737782

Float revenue; Securities brokerage c...

$3,248

CHARLES SCHWAB & CO., INC.5 years

Filed as: CHARLES SCHWAB & CO. INC & AFFILIAT

Service code 59

Shareholder Servicing

ELECTRONIC ARTS INC. 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELECTRONIC ARTS INC. 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion