Blackrock, Inc. 401(k) Plan: Login, Facts & Contact Information

Blackrock, Inc. 401(k) Plan Facts

Plan name
BLACKROCK RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BLACKROCK, INC.
Participants
12,998 (9,268 active employees)
Former employees with a balance
4,512
Plan assets
$3,378,346,016 at Dec 31, 2022
Average account balance
$240,743 across 14,033 accounts
Employer contributions
$82,163,075 in plan year 2022 (32% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Oct 1, 2006
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Nov 8, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $258.9 million went into the plan in contributions, $82.2 million of it from the employer (32%).
  • $129.1 million was paid out to participants.
  • Administrative expenses were $424,829, about $30 per account.

How the Blackrock, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201710,069———
201810,564$2.14 billion$62.7 million$98.5 million
201911,332$2.71 billion$66.1 million$130.3 million
202011,828$3.28 billion$94.4 million$108.8 million
202111,902$3.90 billion$101.1 million$143.8 million
202212,998$3.38 billion$82.2 million$129.1 million

Blackrock, Inc. 401(k) Contact Information

Phone
212-810-5300
Mailing address
50 HUDSON YARDS, NEW YORK NY 10001
Plan sponsor
BLACKROCK, INC.
Plan administrator
BLACKROCK, INC. RETIREMENT COMMITTEE
Employer identification number (EIN)
32-0174431
Plan number
001

Questions about the Blackrock, Inc. 401(k)

Does Blackrock, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $82.2 million, 32% of all contributions.

Does the Blackrock, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Blackrock, Inc 401(k) plan?

12,998 participants at the start of plan year 2022, 9,268 of them active employees, and 4,512 former employees who still had money in the plan.

What is the average 401(k) balance at Blackrock, Inc?

About $240,743 per account: $3.38 billion in plan assets across 14,033 accounts with a balance at the end of plan year 2022.

Who manages the Blackrock, Inc 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER AND S) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Blackrock, Inc. How do I access my 401(k)?

Your account stays with Merrill Benefits OnLine after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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