401(k) · DOL Form 5500 · 2022
Mitel (Delaware), Inc. 401(k) Plan
Data updated 2026-08-11
- $195M
- Total assets
- 1,086
- Participants
- 96th
- Percentile by assets
- $179,666
- Avg per participant
Official DOL plan name: Mitel 401(k) Plan · Sponsored by Mitel (Delaware), Inc. · Arizona · Manufacturing
$195M in assets, 1,086 participants
Mitel (Delaware), Inc.'s Mitel 401(k) Plan reported $195M in total assets and 1,086 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #19,149 in Manufacturing (20,602 peers)
Where Mitel 401(k) Plan sits by assets
Mitel 401(k) Plan sits in the top 5% of all filed plans by assets, $195M for 1,086 participants (~$179,666/participant), down 24.0% in 2022.
- $195M
- total plan assets (2022 EOY)
- 1,086
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $179,666
- avg assets per participant
The plan reported a net loss of $61M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Mitel 401(k) Plan vs the 2022 asset distribution
By assets, Mitel 401(k) Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $257M |
|---|---|
| Net Assets (End of Year) | $195M |
| Net Income | -$61M |
| Employer EIN | 860220994 |
| Plan Effective Date | 1977-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mitel (Delaware), Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,086 | $195M |
| 2023 | 1 | 660 | $203M |
| 2024 | 1 | 550 | $228M |
Nearby 401(k) Plans in Arizona
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Mitel 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
- Banner Health Employees 401(k) Plan $3.6B · 50,602
- Freeport-Mcmoran Inc. Employee Capital Accumulation Program $1.9B · 12,362
- Republic Services, Inc. 401(k) Plan $1.8B · 28,320
- Stantec 401(k) Plan $1.7B · 8,764
- Reliance Steel & Aluminum Co. Master 401(k) Plan $1.3B · 9,895
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Mitel 401(k) Plan by total assets, not by location.
- Afscme Employees Salary Savings Plan (DC) $195M · N/A
- Newmark 401(k) Plan (NY) $195M · 3,444
- Loomis 401(k) Pre-Tax Savings Plan (TX) $195M · 9,712
- Ionis Pharmaceuticals 401(k) Plan (CA) $195M · 609
Frequently Asked Questions
How did Mitel 401(k) Plan assets move in 2022? ▼
How have Mitel (Delaware), Inc. plan assets changed over time? ▼
Where does Mitel 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Mitel 401(k) Plan? ▼
Next read for Mitel 401(k) Plan
Scale reading
Ways to act on Mitel 401(k) Plan's numbers.
- By total assets, Mitel 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Arizona. Compare plans
- Mitel (Delaware), Inc.'s sponsor-wide assets have grown 16.8% since 2022 across 3 plan years on file. More Manufacturing plans