This excerpt taken from the NKE 10-K filed Jul 28, 2006.
You will also be eligible to participate in NIKEs cafeteria style benefits program called Lifetrek. Lifetrek includes health insurance, 401(k), NIKEs Profit Sharing retirement account, paid time off, and use of NIKEs employee store as well as other benefits. Details are provided in the enclosed Lifetrek Guide. (Attached is a bulletin TrekTalk recently sent out to employees describing significant enhancements to 401(k) for 06/01/00.)