401(k) · DOL Form 5500 · 2022

Mitel (Delaware), Inc. 401(k) Plan

Data updated 2026-08-25

$195M
Total assets Near avg plan size
1,086
Participants Near avg headcount
96th
Percentile by assets National rank
$179,666
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#19,149
in Manufacturing (20,602 peers)
-24.0%
assets change YoY
2.0×
vs typical plan assets (national mean)

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's outsized position by total assets

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

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

$195,117,639 Top 4% higher than 96% 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

Mitel 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mitel 401(k) Plan lands in the large band (1,086 participants).

DOL schedule card

Filing strip 860220994 · Mitel (Delaware), Inc. PY 2022 · 401(k)

Mitel 401(k) Plan · $195M · 1,086 · 96th

  • RANK $195M
  • RANK 1,086
  • RANK 96th
  • RANK 401(k)
  • RANK near Afscme Employees Salary Savings Plan
  • RANK ind #19149

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 Arizona →

Mitel 401(k) Plan in the asset neighbourhood

Loomis 401(k) Pre-Tax Savings PlanLoomis 401(k) Pre-Tax Saving…$195MNewmark 401(k) Plan$195MAfscme Employees Salary Savings PlanAfscme Employees Salary Savi…$195MMitel 401(k) Plan$195MIonis Pharmaceuticals 401(k) PlanIonis Pharmaceuticals 401(k)…$195M
End-of-year total assets ($M) among Mitel 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)$257M
Net Assets (End of Year)$195M
Net Income-$61M
Employer EIN860220994
Plan Effective Date1977-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mitel (Delaware), Inc.)

Sponsor-wide plan assets over time

All Mitel (Delaware), Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$228M 16.753899938282874% vs 2022
2024 filing year
$190M$200M$210M$220M$230M$240M 202220232024 $195M $228M ▲ +16.8%
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 Scatter plot of 6 data points. -200000200004000060000 01234 Total assets ($B) Participants Mitel 401(k) Plan, Total assets ($B): 0.195117639 · Participants: 1086Mitel 401(k) PlanBanner Health Employees 401(k) Plan, Total assets ($B): 3.566847679 · Participants: 50602Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 1.923226111 · Participants: 12362Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 1.806929859 · Participants: 28320Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 1.682454193 · Participants: 8764Stantec 401(k) PlanReliance Steel & Aluminum Co. Master 401(k) Plan, Total assets ($B): 1.33677823 · Participants: 9895Reliance Steel & Aluminum Co. Master 401(k) Plan
Mitel 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

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

Outside Arizona, the nearest 401(k) by assets is Afscme Employees Salary Savings Plan in DC ($195M); by covered participants it is Dvcc, LLC Employees Retirement Plan in MD (1,086 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($195M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,086 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 Mitel 401(k) Plan assets move in 2022? ▼
Mitel 401(k) Plan declined sharply - down 24.0% during 2022, from $257M to $195M. Reported net income was -$61M.
How have Mitel (Delaware), Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mitel (Delaware), Inc.'s sponsor-wide assets grew 16.8%, from $195M to $228M.
Where does Mitel 401(k) Plan rank by assets among Form 5500 filers? ▼
Mitel 401(k) Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Mitel 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Afscme Employees Salary Savings Plan in DC ($195M, N/A participants).
Which 401(k) plans cover a similar participant headcount to Mitel 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dvcc, LLC Employees Retirement Plan in MD (1,086 participants, $149M in assets).