401(k) · DOL Form 5500 · 2023

Candela Corporation 401(k) Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
423
Participants Below avg headcount
87th
Percentile by assets National rank
$143,438
Avg per participant Near avg balance/head
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Official DOL plan name: Candela 401(k) Plan · Sponsored by Candela Corporation · Massachusetts · Manufacturing

$61M in assets, 423 participants

Candela Corporation's Candela 401(k) Plan reported $61M in total assets and 423 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,258 in Manufacturing (18,722 peers)

Where Candela 401(k) Plan sits by assets

Candela 401(k) Plan sits in the top quartile of all filed plans by assets, $61M for 423 participants (~$143,438/participant), up 29.1% in 2023.

#15,258
in Manufacturing (18,722 peers)
+29.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Candela 401(k) Plan's outsized position by total assets

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

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

$60,674,445 Top 13% higher than 87% 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

Candela 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. Candela 401(k) Plan sits mid-pack in the medium band (423 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Candela 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Candela 401(k) Plan end-of-year assets rose from $47M in the plan year 2022 filing to $61M in the plan year 2023 filing.
  • Candela 401(k) Plan reported participants rose from 410 in the plan year 2022 filing to 423 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 042477008 · Candela Corporation PY 2023 · 401(k)

Candela 401(k) Plan · $61M · 423 · 87th

  • ASSETS $61M
  • PCT 423
  • EIN 87th
  • RANK 401(k)
  • PHOTO near The Greenberg Farrow Architecture Incorporated Stock Ownership and 401(k) Plan
  • IND ind #15258

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 →

Candela 401(k) Plan in the asset neighbourhood

Upland Software Inc. 401(k)$61MPbmares 401(k) Plan$61MCandela 401(k) Plan$61MThe Greenberg Farrow Architecture Incorporated Stock Ownership and 401(k) PlanThe Greenberg Farrow Archite…$61MBurke & Herbert Bank & Trust Company Investment and Savings PlanBurke & Herbert Bank & Trust…$61M
End-of-year total assets ($M) among Candela 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$61M
Net Income$14M
Employer EIN042477008
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Candela Corporation)

Sponsor-wide plan assets over time

All Candela Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$68M 44.264705663327995% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $47M $67.8M ▲ +44.3%
Year Plans Participants Total Assets
2022 1 410 $47M
2023 1 423 $61M
2024 1 411 $68M

Nearby 401(k) Plans in Massachusetts

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

Candela 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Candela 401(k) Plan, Total assets ($B): 0.060674445 · Participants: 423Candela 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
Candela 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Candela 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is The Greenberg Farrow Architecture Incorporated Stock Ownership and 401(k) Plan in GA ($61M); by covered participants it is Ameri-National Corporation 401(k) Plan in MO (423 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (423 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 Candela 401(k) Plan assets move in 2023? ▼
Candela 401(k) Plan grew sharply - up 29.1% during 2023, from $47M to $61M. Reported net income was $14M.
How have Candela Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Candela Corporation's sponsor-wide assets grew 44.3%, from $47M to $68M.
Where does Candela 401(k) Plan rank by assets among Form 5500 filers? ▼
Candela 401(k) Plan ranks in the 87th 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 Candela 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Greenberg Farrow Architecture Incorporated Stock Ownership and 401(k) Plan in GA ($61M, 272 participants).
Which 401(k) plans cover a similar participant headcount to Candela 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ameri-National Corporation 401(k) Plan in MO (423 participants, $54M 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 042477008.

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.