401(k) · DOL Form 5500 · 2023
Boston Scientific Corporation 401(k) Plan
Data updated 2026-08-06
- $5.8B
- Total assets
- 19,881
- Participants
- 100th
- Percentile by assets
- $291,037
- Avg per participant
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.
- 100th percentile by assets (of 126,618 plans)
- #18,578 in Manufacturing (18,672 peers)
Coverage in Massachusetts
Boston Scientific Corporation 401(k) Retirement Savings Plan covers 19,881 participants in Massachusetts, 31x the typical Massachusetts plan (state average ~641 per filing). Assets: $5.8B.
- $5.8B
- total plan assets (2023 EOY)
- 19,881
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $291,037
- avg assets per participant
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.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Boston Scientific Corporation 401(k) Retirement Savings Plan reports 19,881 participants - 31x that state average ($5.8B EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $4.9B |
|---|---|
| Net Assets (End of Year) | $5.8B |
| Net Income | $911M |
| Employer EIN | 042695240 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Boston Scientific Corporation)
| 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
- Fidelity Retirement Savings Plan $28.6B · 62,289
- Liberty Mutual 401(k) Plan $10.6B · 37,052
- Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
- Philips North America 401(k) Plan $5.8B · 19,120
- State Street Salary Savings Program $5.7B · 12,168
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 (0.050% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.022% of 89,805,449 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 (401(k), $6.8B, 20,639 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Boston Scientific Corporation 401(k) Retirement Savings Plan by total assets, not by location.
- Siemens Medical Solutions USA, Inc. Savings Plan (PA) $5.8B · 13,340
- Danaher Corporation & Subsidiaries Savings Plan (DC) $5.8B · 29,441
- Geico 401(k) Savings Plan (DC) $5.8B · 39,034
- Jacobs 401(k) Plus Savings Plan (TX) $5.8B · 15,739
Frequently Asked Questions
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Filing takeaways
Ways to act on Boston Scientific Corporation 401(k) Retirement Savings Plan's numbers.
- By total assets, Boston Scientific Corporation 401(k) Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- Boston Scientific Corporation's sponsor-wide assets have grown 39.6% since 2022 across 3 plan years on file. More Manufacturing plans