| CONTACT: Corporate Communications (617) 563-5800 |
| Fidelity Institutional Retirement Services Company (FIRSCo) |
| Fact Sheet |
| OVERVIEW |
| Established in 1989, and a division of FESCo, Fidelity Institutional Retirement Services Company (FIRSCo) is the nation’s largest provider of 401(k) retirement plans and services. FIRSCo offers mutual fund investment options to defined contribution plan sponsors with additional fund management, record-keeping and employee educational services. |
| ASSETS AS OF MARCH 31, 2003* | |
| Total assets under management** | $222.0 billion |
| Total administered assets** | $373.9 billion |
| (Includes mutual fund assets, plan sponsor company stock, non-Fidelity mutual fund assets, record-kept FMTC portfolio assets, non-managed stable value assets and self-directed brokerage assets.) |
|
| **Does not include Trust Company DC assets. | |
| Total plan sponsors | 10,019 |
| Total participants | 8.6 million |
| Large and mid-size companies | 7.3 million |
| Companies with fewer than 1,000 employees | 1.3 million |
| PRODUCTS AND SERVICES | |
| 401(k) retirement plans and services | |
| Mutual fund investment options for defined contribution plans | |
| Investment management | |
| Employee communications and education services | |
| ORGANIZATION | |
| Executive Vice President | David Liebrock |
| LOCATION | |
| Headquartered in Marlborough, Massachusetts. | |
| * Includes statistics for Emerging Corporate Market. | |
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