401(k) · DOL Form 5500 · 2023

Boston Scientific Corporation 401(k) Plan

Data updated 2026-08-25

$5.8B
Total assets Very large vs avg
19,881
Participants Very large workforce
100th
Percentile by assets National rank
$291,037
Avg per participant High balance/head
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Official DOL plan name: Boston Scientific Corporation 401(k) Retirement Savings Plan · Sponsored by Boston Scientific Corporation · Massachusetts · Manufacturing

$5.8B in assets, 19,881 participants

Boston Scientific Corporation's Boston Scientific Corporation 401(k) Retirement Savings Plan reported $5.8B in total assets and 19,881 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #18,628 in Manufacturing (18,722 peers)

Coverage in Massachusetts

Boston Scientific Corporation 401(k) Retirement Savings Plan covers 19,881 participants in Massachusetts, 30x the typical Massachusetts plan (state average ~659 per filing). Assets: $5.8B.

#18,628
in Manufacturing (18,722 peers)
+19.2%
assets growth YoY
58×
vs typical plan assets (national mean)

Boston Scientific Corporation 401(k) Retirement Savings Plan's outsized position by total assets

Boston Scientific Corporation 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,786,107,181 Highest reported value at or above every one of 127,068 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 2023

Boston Scientific Corporation 401(k) Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Boston Scientific Corporation 401(k) Retirement Savings Plan is a mega filing (19,881 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Boston Scientific Corporation 401(k) Retirement Savings Plan reported net income rose from -$824M in the plan year 2022 filing to $911M in the plan year 2023 filing.
  • Boston Scientific Corporation 401(k) Retirement Savings Plan end-of-year assets rose from $4.9B in the plan year 2022 filing to $5.8B in the plan year 2023 filing.
  • Boston Scientific Corporation 401(k) Retirement Savings Plan reported participants rose from 18,359 in the plan year 2022 filing to 19,881 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 042695240 · Boston Scientific Corporation PY 2023 · 401(k)

Boston Scientific Corporation 401(k) Retirement Savings Plan · $5.8B · 19,881 · 100th

  • RANK $5.8B
  • PHOTO 19,881
  • IND 100th
  • EOY 401(k)
  • 5500 near Siemens Medical Solutions USA, Inc. Savings Plan
  • ASSETS ind #18628

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 →

Boston Scientific Corporation 401(k) Retirement Savings Plan in the asset neighbourhood

Jacobs 401(k) Plus Savings PlanJacobs 401(k) Plus Savings P…$5.8BDanaher Corporation & Subsidiaries Savings PlanDanaher Corporation & Subsid…$5.8BBoston Scientific Corporation 401(k) Retirement Savings PlanBoston Scientific Corporatio…$5.8BSiemens Medical Solutions USA, Inc. Savings PlanSiemens Medical Solutions US…$5.8BGeico 401(k) Savings Plan$5.8B
End-of-year total assets ($B) among Boston Scientific Corporation 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$4.9B
Net Assets (End of Year)$5.8B
Net Income$911M
Employer EIN042695240
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boston Scientific Corporation)

Sponsor-wide plan assets over time

All Boston Scientific Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$6.8B 39.58868746596365% vs 2022
2024 filing year
$4B$5B$6B$7B 202220232024 $4.85B $6.78B ▲ +39.8%
Year Plans Participants Total Assets
2022 1 18,359 $4.9B
2023 1 19,881 $5.8B
2024 1 20,639 $6.8B

Nearby 401(k) Plans in Massachusetts

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

Boston Scientific Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 0102030 Total assets ($B) Participants Boston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) PlanState Street Salary Savings Program, Total assets ($B): 5.728363515 · Participants: 12168State Street Salary Savings Program
Boston Scientific Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Boston Scientific Corporation 401(k) Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Boston Scientific Corporation 401(k) Retirement Savings Plan

Boston Scientific Corporation 401(k) Retirement Savings Plan reports $5.8B in end-of-year assets across 19,881 participants (0.047% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $291,037 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2023 was $911M.

This plan identity (EIN 042695240, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.9B to $6.8B (+39.6%) while covered participants moved from 18,359 to 20,639 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 18,359 $4.9B Open filing
2023 19,881 $5.8B This page
2024 · index core 20,639 $6.8B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Boston Scientific Corporation 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Siemens Medical Solutions USA, Inc. Savings Plan in PA ($5.8B); by covered participants it is Penn Entertainment, Inc. 401(k) Plan in PA (19,904 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (19,881 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Boston Scientific Corporation 401(k) Retirement Savings Plan assets move in 2023? ▼
Boston Scientific Corporation 401(k) Retirement Savings Plan grew sharply - up 19.2% during 2023, from $4.9B to $5.8B. Reported net income was $911M.
How have Boston Scientific Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Boston Scientific Corporation's sponsor-wide assets grew 39.6%, from $4.9B to $6.8B.
Where does Boston Scientific Corporation 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Boston Scientific Corporation 401(k) Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Boston Scientific Corporation 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Siemens Medical Solutions USA, Inc. Savings Plan in PA ($5.8B, 13,340 participants).
Which 401(k) plans cover a similar participant headcount to Boston Scientific Corporation 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Penn Entertainment, Inc. 401(k) Plan in PA (19,904 participants, $609M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042695240.

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.