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Fiserv 401(k) Savings Plan
The Fiserv 401(k) Savings Plan launched in 1990 as the First Data Corporation Incentive Savings Plan, originally serving employees of the payment-processing...
Fiserv 401(k) Savings Plan
The Fiserv 401(k) Savings Plan launched in 1990 as the First Data Corporation Incentive Savings Plan, originally serving employees of the payment-processing giant before its 2019 acquisition by Fiserv. Today, the plan operates from Milwaukee under the fiduciary oversight of corporate officers, including CFO Robert W. Hau and authorized signatory Kenneth F. Best. The wealth it stewards flows from Fiserv's core business: the unglamorous but essential computer systems and design services that route trillions of dollars in electronic transactions annually. Investment options span multiple asset classes, with known holdings concentrated in capital-preservation vehicles. These include the BlackRock Liquidity Fund and a separate Stable Value Fund, both anchored in the United States. The plan's disclosed strategy tags suggest a mandate extending into venture capital, early-stage seeding, and fund-of-funds commitments, though no specific direct investments or portfolio company names are publicly attributed to the plan itself. Staffing and governance details remain thin. The plan does not maintain a standalone website or LinkedIn presence, operating instead through the parent company's corporate infrastructure. While Fiserv Inc. ranks among the world's largest fintech enterprises by market capitalization, its retirement plan has not disclosed a dedicated investment team, additional office locations, or adjacent vehicles such as a philanthropic foundation. The plan's annual filings are signed by corporate officers rather than a specialized in-house investment staff. What distinguishes this vehicle is its identity as a legacy acquired plan. Born inside First Data, it survived a change-of-control and now sits inside a new corporate parent — an unusual continuity for a 401(k) in an industry defined by serial consolidation. Its investment posture, while opaque, reflects the conservative liquidity demands of a workforce retirement vehicle rather than an aggressive endowment-style portfolio.
General information
Firm type
Pension Fund
Year founded
1990
Location
Region
North America
Country
United States
City
Milwaukee
Corporate office
Milwaukee, WI, United States
Principals
Robert W. Hau
Chief Financial Officer, Fiserv Inc.
Kenneth F. Best
Authorized Plan Signatory
Sector focus
Frequently asked questions
Who is responsible for investment oversight at the Fiserv 401(k) Savings Plan?
Fiduciary responsibility rests with named corporate officers of Fiserv Inc., the plan sponsor. Robert W. Hau, the company's Chief Financial Officer, signs annual filings on behalf of the plan. Kenneth F. Best serves as an authorized signatory. There is no publicly identified dedicated chief investment officer for the plan itself.
What is the relationship between this plan and the old First Data Corporation?
The Fiserv 401(k) Savings Plan is the legal successor to the First Data Corporation Incentive Savings Plan. When Fiserv acquired First Data in 2019, the existing employee retirement vehicle was retained and rebranded under the acquirer's name. This continuity preserved the plan's accumulated assets and participant records through the corporate merger.
What types of investment options does the plan offer participants?
Known plan assets point to a focus on capital preservation and liquidity. Holdings include the BlackRock Liquidity Fund and a proprietary Stable Value Fund, both U.S.-domiciled. The plan's strategy annotations also reference venture capital, early-stage seeding, and fund-of-funds categories, suggesting access to a broader menu beyond fixed income.
How large is the Fiserv 401(k) Savings Plan?
The plan has not publicly disclosed its assets under management. Independently derived estimates place the total at approximately $110 million, which would make it a modest corporate retirement plan relative to Fiserv's overall market capitalization.
Does the plan allocate directly to private companies or venture funds?
No specific direct investments or named private-company holdings are publicly attributed to the plan. While strategy tags indicate an interest in venture capital and early-stage mandates, these likely manifest through pooled fund vehicles rather than proprietary direct co-investments.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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