401(k) · DOL Form 5500 · 2022

Avid Technology, Inc. 401(k) Plan

Data updated 2026-08-11

$207M
Total assets
540
Participants
96th
Percentile by assets
$383,458
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Avid Technology, Inc. 401(k) Plan · Sponsored by Avid Technology, Inc. · Massachusetts · Manufacturing

$207M in assets, 540 participants

Avid Technology, Inc.'s Avid Technology, Inc. 401(k) Plan reported $207M in total assets and 540 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)
  • #19,210 in Manufacturing (20,602 peers)

Where Avid Technology, Inc. 401(k) Plan sits by assets

Avid Technology, Inc. 401(k) Plan sits in the top 5% of all filed plans by assets, $207M for 540 participants (~$383,458/participant), down 22.2% in 2022.

$207M
total plan assets (2022 EOY)
540
covered participants
96th
percentile by assets (of 139,126 plans)
$383,458
avg assets per participant

The plan reported a net loss of $59M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Avid Technology, Inc. 401(k) Plan sits by total assets

Avid Technology, Inc. 401(k) Plan vs every filed plan by assets

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

$207,067,082 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,010,000,000 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

Industry

Avid Technology, Inc. 401(k) Plan vs the 2022 asset distribution

By assets, Avid Technology, Inc. 401(k) Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$266M
Net Assets (End of Year)$207M
Net Income-$59M
Employer EIN042977748
Plan Effective Date1991-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Avid Technology, Inc.)

$200M$220M$240M$260M 202220232024 $207M $242M ▲ +16.7%
Total plan assets by year, all Avid Technology, Inc. plans on file
Year Plans Participants Total Assets
2022 1 540 $207M
2023 1 563 $239M
2024 1 468 $242M

Nearby 401(k) Plans in Massachusetts

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

Avid Technology, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Avid Technology, Inc. 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 Avid Technology, Inc…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
Avid Technology, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Avid Technology, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Avid Technology, Inc. 401(k) Plan assets move in 2022?
Avid Technology, Inc. 401(k) Plan declined sharply - down 22.2% during 2022, from $266M to $207M. Reported net income was -$59M.
How have Avid Technology, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Avid Technology, Inc.'s sponsor-wide assets grew 16.7%, from $207M to $242M.
Where does Avid Technology, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Avid Technology, Inc. 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 Avid Technology, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Dak Americas LLC Savings and Investment Plan in NC ($207M, 1,340 participants).

Next read for Avid Technology, Inc. 401(k) Plan

Scale reading

Ways to act on Avid Technology, Inc. 401(k) Plan's numbers.