401(k) · DOL Form 5500 · 2022

Candela Corporation 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
410
Participants Below avg headcount
87th
Percentile by assets National rank
$114,634
Avg per participant Below avg balance/head
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Official DOL plan name: Candela 401(k) Plan · Sponsored by Candela Corporation · Massachusetts · Manufacturing

$47M in assets, 410 participants

Candela Corporation's Candela 401(k) Plan reported $47M in total assets and 410 participants in its 2022 DOL Form 5500 filing, ranking in the 87th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #16,820 in Manufacturing (20,602 peers)

Where Candela 401(k) Plan sits by assets

Candela 401(k) Plan sits in the top quartile of all filed plans by assets, $47M for 410 participants (~$114,634/participant), down 11.7% in 2022.

#16,820
in Manufacturing (20,602 peers)
-11.7%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Candela 401(k) Plan's outsized position by total assets

Candela 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$46,999,750 Top 13% higher than 87% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Candela 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Candela 401(k) Plan sits mid-pack in the medium band (410 participants).

EBSA filing schedule strip

Filing strip 042477008 · Candela Corporation PY 2022 · 401(k)

Candela 401(k) Plan · $47M · 410 · 87th

  • SCH $47M
  • SCH 410
  • SCH 87th
  • SCH 401(k)
  • SCH near Republic Steel 401(k) Plan
  • SCH ind #16820

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Massachusetts →

Candela 401(k) Plan in the asset neighbourhood

Candela 401(k) Plan$47MRepublic Steel 401(k) Plan$47MHorizon Medical Group, PC 401(k) Profit Sharing Plan and TrustHorizon Medical Group, PC 40…$47MBrewster Cheese Company 401(k) Profit Sharing PlanBrewster Cheese Company 401(…$47MJf Acquisition, LLC 401(k) PlanJf Acquisition, LLC 401(k) P…$47M
End-of-year total assets ($M) among Candela 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$47M
Net Income-$6M
Employer EIN042477008
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Candela Corporation)

Sponsor-wide plan assets over time

All Candela Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$68M 44.264705663327995% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $47M $67.8M ▲ +44.3%
Year Plans Participants Total Assets
2022 1 410 $47M
2023 1 423 $61M
2024 1 411 $68M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Candela 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Candela 401(k) Plan, Total assets ($B): 0.04699975 · Participants: 410Candela 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Candela 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Candela 401(k) Plan side-by-side with 3 peers →

Candela 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Republic Steel 401(k) Plan in OH ($47M); by covered participants it is Nysut Staff 401(k) Plan in NY (410 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (410 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Candela 401(k) Plan assets move in 2022? ▼
Candela 401(k) Plan pulled back noticeably - down 11.7% during 2022, from $53M to $47M. Reported net income was -$6M.
How have Candela Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Candela Corporation's sponsor-wide assets grew 44.3%, from $47M to $68M.
Where does Candela 401(k) Plan rank by assets among Form 5500 filers? ▼
Candela 401(k) Plan ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Candela 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Republic Steel 401(k) Plan in OH ($47M, 915 participants).
Which 401(k) plans cover a similar participant headcount to Candela 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nysut Staff 401(k) Plan in NY (410 participants, $211M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042477008.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.