401(k) · DOL Form 5500 · 2023

Wave Life Sciences USA, Inc. 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
246
Participants Below avg headcount
80th
Percentile by assets National rank
$127,583
Avg per participant Near avg balance/head
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Official DOL plan name: Wave Life Sciences USA, Inc. 401(k) Plan · Sponsored by Wave Life Sciences USA, Inc. · Massachusetts · Professional & Technical Services

$31M in assets, 246 participants

Wave Life Sciences USA, Inc.'s Wave Life Sciences USA, Inc. 401(k) Plan reported $31M in total assets and 246 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #16,342 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Wave Life Sciences USA, Inc. 401(k) Plan covers 246 participants in Massachusetts, about 37% of the average Massachusetts filer (state average ~659 per filing). Assets: $31M.

#16,342
in Professional & Technical Services (20,321 peers)
+34.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Wave Life Sciences USA, Inc. 401(k) Plan's outsized position by total assets

Wave Life Sciences USA, Inc. 401(k) Plan vs every filed plan by assets

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

$31,385,349 Top 20% higher than 80% 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

Wave Life Sciences USA, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wave Life Sciences USA, Inc. 401(k) Plan sits mid-pack in the medium band (246 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wave Life Sciences USA, Inc. 401(k) Plan reported net income rose from $308K in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Wave Life Sciences USA, Inc. 401(k) Plan end-of-year assets rose from $23M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Wave Life Sciences USA, Inc. 401(k) Plan reported participants rose from 233 in the plan year 2022 filing to 246 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 271038236 · Wave Life Sciences USA, Inc. PY 2023 · 401(k)

Wave Life Sciences USA, Inc. 401(k) Plan · $31M · 246 · 80th

  • PCT $31M
  • PCT 246
  • PCT 80th
  • PCT 401(k)
  • PCT near American Education Group Retirement Savings Plan
  • PCT ind #16342

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

Wave Life Sciences USA, Inc. 401(k) Plan in the asset neighbourhood

Wave Life Sciences USA, Inc. 401(k) PlanWave Life Sciences USA, Inc.…$31MAmerican Education Group Retirement Savings PlanAmerican Education Group Ret…$31MWausau Supply Company 401(k) PlanWausau Supply Company 401(k)…$31MKightlinger & Gray, LLP 401(k) Profit Sharing PlanKightlinger & Gray, LLP 401(…$31ME. a. Renfroe & Company, Inc. 401(k) PlanE. a. Renfroe & Company, Inc…$31M
End-of-year total assets ($M) among Wave Life Sciences USA, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$31M
Net Income$8M
Employer EIN271038236
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wave Life Sciences USA, Inc.)

Sponsor-wide plan assets over time

All Wave Life Sciences USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$41M 76.42981866092755% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $23.3M $41.2M ▲ +76.5%
Year Plans Participants Total Assets
2022 1 233 $23M
2023 1 246 $31M
2024 1 257 $41M

Nearby 401(k) Plans in Massachusetts

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

Wave Life Sciences USA, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Wave Life Sciences USA, Inc. 401(k) Plan, Total assets ($B): 0.031385349 · Participants: 246Wave Life Sciences USA, Inc. 401(k) 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 ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Wave Life Sciences USA, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Wave Life Sciences USA, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is American Education Group Retirement Savings Plan in MI ($31M); by covered participants it is Greene's Energy Group, L.L.C. 401(k) Plan in TX (246 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (246 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 Wave Life Sciences USA, Inc. 401(k) Plan assets move in 2023?
Wave Life Sciences USA, Inc. 401(k) Plan surged - up 34.4% during 2023, from $23M to $31M. Reported net income was $8M.
How have Wave Life Sciences USA, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Wave Life Sciences USA, Inc.'s sponsor-wide assets grew 76.4%, from $23M to $41M.
Where does Wave Life Sciences USA, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Wave Life Sciences USA, Inc. 401(k) Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Wave Life Sciences USA, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is American Education Group Retirement Savings Plan in MI ($31M, 2,573 participants).
Which 401(k) plans cover a similar participant headcount to Wave Life Sciences USA, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Greene's Energy Group, L.L.C. 401(k) Plan in TX (246 participants, N/A in assets).