BlackRock

BlackRock is an asset manager, with roughly $11+ trillion in assets under management. Founded in 1988, it provides investment management services to institutions and individuals worldwide, spanning equities, fixed income, alternatives, multi-asset, and cash strategies. Its iShares brand is a global ETF provider, and its mutual fund and index fund lineup, including the LifePath target-date fund series, is embedded as a default investment option within employer-sponsored 401(k) and defined contribution retirement plans. BlackRock also offers Aladdin, a risk-management and portfolio technology platform. While not a benefits administrator or plan recordkeeper, employers commonly select BlackRock funds as the underlying investment lineup for employee retirement accounts.