BlackRock, Inc. / BlackRock Retirement Savings Plan

Plan nameBlackRock, Inc. / BlackRock Retirement Savings Plan
LocationNew York, New York
Asset size$2.8b
# of participants5,000–9,999
Business Category Financial Services
Participation Rate97%
Avg Deferral Rate10%
# of Funds Offered17
Investment ReviewQuarterly
True-up FeatureYes
Match Vesting Period3 years
EligibilityImmediate
Default Deferral Rate8%
Default InvestmentRetail TDF (Index)
Auto-EscalationYes
Systematic WithdrawalsYes
Fee EqualizationNot reported
Match Rate50% of the first 8% of pay, up to $5,000 per plan year
% Receiving Full Match50%–75%
Max Employer Contribution6.79%
Financial Education 
   Saving/BudgetingYes
   Investing strategiesYes
   Tax/Estate planningYes
   College savingYes
   Credit/Debt mgmtYes
   Retiree health costs/savings optionsYes
Recordkeeper:Bank of America/ Merrill Lynch
Requalified plan
Note: Match rates and employer contributions are simplified for reporting purposes and may have other attributes (e.g., caps/limits, tiers, etc.) not listed here.
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