Plan Ledger DOL Form 5500 · updated monthly

Blackbaud, Inc.401(k)

BLACKBAUD RETIREMENT SAVINGS PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Blackbaud, Inc. reported $529,707 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $3,401 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.099% to 0.105%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 19th-largest of 807 plans among South Carolina employers on file, and the 335th of 11,654 in professional & technical services. In 2024, employees put in $3.35 for every $1.00 the employer contributed; active participation has shrunk from 2,828 to 2,441 since 2022.

Plan summary
Net assets, end of year$536,891,135
Participants with balances3,874
Active participants2,441
Employer contributions$8,301,726
Employee contributions$27,806,147
Employer contribution per active participant$3,401
Average account balance$138,588
Benefits paid to participants$42,229,002
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$536.9M · 3,874 accts · $8.3M emplr
2023$473.6M · 4,055 accts · $8.2M emplr
2022$415.1M · 4,461 accts · $8.7M emplr
The Blackbaud, Inc. 401(k) match · 2024
Employer contribution per active participant$3,401
Median for plans this size$4,294
2024$3,401 per active participant
2023$3,200 per active participant
2022$3,073 per active participant

Blackbaud, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$154,235
CAPTRUST$16,712

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$529,707 · 0.10%
2023$587,472 · 0.13%
2022$444,224 · 0.10%
Same employer
Similar plansProfessional & Technical Services · South Carolina
Compucom Systems, Inc. SC$391.8M · 0.09%
Red Ventures LLC SC$271.5M · 0.17%
Nexsen Pruet, LLC SC$154.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112617163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.