401(k) · DOL Form 5500 · 2023

Blackbaud, Inc. 401(k) Plan

Data updated 2026-08-11

$474M
Total assets
2,828
Participants
97th
Percentile by assets
$167,474
Avg per participant
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Official DOL plan name: Blackbaud Retirement Savings Plan · Sponsored by Blackbaud, Inc. · South Carolina · Professional & Technical Services

$474M in assets, 2,828 participants

Blackbaud, Inc.'s Blackbaud Retirement Savings Plan reported $474M in total assets and 2,828 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 97th percentile by assets (of 127,072 plans)
  • #19,943 in Professional & Technical Services (20,321 peers)

Coverage in South Carolina

Blackbaud Retirement Savings Plan covers 2,828 participants in South Carolina, 7.7x the typical South Carolina plan (state average ~369 per filing). Assets: $474M.

$474M
total plan assets (2023 EOY)
2,828
covered participants
97th
percentile by assets (of 127,072 plans)
$167,474
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Blackbaud Retirement Savings Plan reported net income rose from -$88M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Blackbaud Retirement Savings Plan end-of-year assets rose from $415M in the plan year 2022 filing to $474M in the plan year 2023 filing.
  • Blackbaud Retirement Savings Plan reported participants rose from 2,676 in the plan year 2022 filing to 2,828 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs South Carolina filers

In South Carolina, the average filing covers about 369 participants across 1,490 plans. Blackbaud Retirement Savings Plan reports 2,828 participants - 7.7x that state average ($474M EOY assets).

South Carolina filing particulars

Total Assets (Beginning of Year)$415M
Net Assets (End of Year)$474M
Net Income$59M
Employer EIN112617163
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blackbaud, Inc.)

$400M$450M$500M$550M 202220232024 $415M $537M ▲ +29.3%
Total plan assets by year, all Blackbaud, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,676 $415M
2023 1 2,828 $474M
2024 1 2,556 $537M

Nearby 401(k) Plans in South Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Blackbaud Retirement Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Blackbaud Retirement Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 012345 Total assets ($B) Participants Blackbaud Retirement…Michelin 401(k) Savi…The Savannah River N…Sonoco Retirement & …Sonoco Retirement & …Blue Cross Blue Shie…
Blackbaud Retirement Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Blackbaud Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Blackbaud Retirement Savings Plan assets move in 2023?
Blackbaud Retirement Savings Plan grew at a solid clip - up 14.1% during 2023, from $415M to $474M. Reported net income was $59M.
How have Blackbaud, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Blackbaud, Inc.'s sponsor-wide assets grew 29.3%, from $415M to $537M.
Where does Blackbaud Retirement Savings Plan rank by assets among Form 5500 filers?
Blackbaud Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Blackbaud Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Cleary Gottlieb Steen & Hamilton LLP Tax Opportunity Plan for Savings (Plan a) in NY ($474M, 339 participants).

Filing takeaways

Ways to act on Blackbaud Retirement Savings Plan's numbers.