Booz Allen Hamilton 401(k) match, vesting and fees

Plan year 2024 filingBooz Allen Hamilton Inc. Employees' Capital Accumulation Plan · Plan 001 · EIN 36-2513626Updated Oct 2026

What Booz Allen Hamilton's 401(k) plan says about matching contributions

Participants employed on the last day of the plan year as well as certain classes of participants who terminated during the plan year, as provided by plan provisions, are eligible to receive employer matching contributions equal to 100% of their voluntary employee contributions up to 6% of eligible compensation. These employer matching contributions are made on an annual basis.
From the independent auditor's report attached to the plan year 2024 Form 5500, page 29. Open page 29 of the filing (PDF) ↗

Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.

Our plain-English summary appears once a person has reviewed it against the filing. How we check · Report a correction
$170,835
Average account balance
56,540
Participants (end of year)
$9.3B
Plan assets (end of year)
0.06%
Admin expenses ÷ assets

Plan features

Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.

Employer matchQuoted from the filing aboveAudit report, p. 29 ↗
Match vesting
Participants are vested immediately in their contributions and the Company's contributions plus actual earnings thereon.
Audit report, p. 30 ↗
Automatic enrollment
The Plan includes an automatic enrollment provision whereby all newly eligible employees who do not actively elect to participate or waive participation in the Plan within 60 days of becoming eligible to contribute are enrolled in the Plan. Automatically enrolled participants have their deferral rate set at 6% of eligible compensation and their contributions invested in a fund or funds designated by the Benefits Plans Committee, until changed by the participant. During the 30-day period after the automatic contributions are first withheld, a participant can elect to withdraw the automatic deferral election and request a reimbursement of the contribution made.
Audit report, p. 29 ↗
Roth contributions
Each year, participants may elect a deferral percentage of no less than 1% up to 50% of compensation with respect to Roth contributions and no less than 1% up to 80% of compensation with respect to pre-tax contributions, provided that Roth and pre-tax contributions collectively for any participant cannot exceed 80% of compensation, as defined in the plan document, up to the maximum limits of the Internal Revenue Code (IRC).
Audit report, p. 29 ↗
Loans
Participants may borrow from their fund accounts a minimum of $200 up to a maximum equal to the lesser of $50,000 or 50% of their vested account balance. The loans are secured by the balance in the participant's account. The loan interest rate, determined monthly, is set at the prime rate published by the Wall Street Journal as of the end of the month prior to the initiation date of the loan, as defined.
Audit report, p. 30 ↗
RecordkeeperVoya Institutional Plan ServicesSchedule C ↗
Independent auditorBaker Tilly US, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

All rows are from the plan year 2024 filing; plan features from its audit report.

Our plain-English summary appears once a person has reviewed it against the filing. How we check · Report a correction

How the plan compares

Plan year 2024 medians for 16 defined-contribution plans in professional, scientific, and technical services with 50,000 or more participants.

Booz Allen Hamilton: employer contribution per participant$4,401
Peer median$2,523
Booz Allen Hamilton: average balance$170,835
Peer median$154,750
Booz Allen Hamilton: admin expenses ÷ assets0.06%
Peer median0.04%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $8B at the end of plan year 2023 to $9.3B at the end of plan year 2024.

$8B2023$9.3B2024
End-of-year figures from each plan year's Form 5500 filing for the Booz Allen Hamilton plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
202456,540$9.3B$240M$4,4010.06%Quoted in the audit report, p. 29 ↗Form 5500 ↗
202354,520$8B$212M$4,0470.06%Not publishedForm 5500 ↗

Common questions

Does Booz Allen Hamilton match 401(k) contributions?

The audit report attached to the Booz Allen Hamilton Inc. Employees' Capital Accumulation Plan's plan year 2024 Form 5500, page 29 says: “Participants employed on the last day of the plan year as well as certain classes of participants who terminated during the plan year, as provided by plan provisions, are eligible to receive employer matching contributions equal to 100% of their voluntary employee contributions up to 6% of eligible compensation. These employer matching contributions are made on an annual basis.” Plan terms may have changed; check your current Summary Plan Description.

When is the Booz Allen Hamilton 401(k) match vested?

The audit report attached to the plan year 2024 Form 5500, page 30 says: “Participants are vested immediately in their contributions and the Company's contributions plus actual earnings thereon.”

Who manages the Booz Allen Hamilton 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Institutional Plan Services. The plan administrator is Booz Allen Hamilton Inc..

I left Booz Allen Hamilton. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Booz Allen Hamilton Inc., (703) 902-5000) or the recordkeeper, Voya Institutional Plan Services. The Booz Allen Hamilton old 401(k) page lists the contacts from every plan filing. Find an old Booz Allen Hamilton 401(k)

Data from the public Form 5500 annual reports Booz Allen Hamilton filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Booz Allen Hamilton. Not financial advice. Report a correction · Methodology