Blackberry Corporation 401(k) Review & Grade
Blackberry Corporation 401(k) Retirement Savings Plan
Plano, TXInformation710 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,186Employer $ per active participant
$10,428Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$258.1MNet plan assets, end of year
$189,750Average balance per account
Score breakdown
- Employer generosity35.9 / 5072th percentile for employer $ per participant
- Low cost21.8 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving9.0 / 1560th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 87th |
| Employee saving | 60th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Blackberry put in about $4,186 per active participant, more than the typical peer ($2,829). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,974,372 |
| Participant (employee) contributions | $7,409,335 |
| Other contributions (incl. rollovers in) | $495,646 |
| Administrative expenses paid from the plan | $127,743 |
| Contract administrator fees | $600 |
| Investment advisory & management fees | $73,711 |
| Benefits paid out | $34,428,735 |
| Net assets, start / end of year | $243.0M / $258.1M |
| Active participants, start / end of year | 901 / 520 |
| Participants with account balances | 1,360 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante Moran PLLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $67,954 reported compensation |
| Strategic Advisors, Inc. | $63,960 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003190601NAL0001676433001, received 2025-10-03, EIN 76-0638207, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.