401(k) · DOL Form 5500 · 2023
Thermo Fisher Scientific, Inc. 401(k) Plan
Data updated 2026-08-11
- $7.5B
- Total assets
- 41,102
- Participants
- 100th
- Percentile by assets
- $182,713
- Avg per participant
Official DOL plan name: Thermo Fisher Scientific Inc. 401(k) Retirement Plan · Sponsored by Thermo Fisher Scientific, Inc. · Pennsylvania · Wholesale Trade
$7.5B in assets, 41,102 participants
Thermo Fisher Scientific, Inc.'s Thermo Fisher Scientific Inc. 401(k) Retirement Plan reported $7.5B in total assets and 41,102 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 127,072 plans)
- #6,307 in Wholesale Trade (6,309 peers)
Coverage in Pennsylvania
Thermo Fisher Scientific Inc. 401(k) Retirement Plan covers 41,102 participants in Pennsylvania, 50x the typical Pennsylvania plan (state average ~822 per filing). Assets: $7.5B.
- $7.5B
- total plan assets (2023 EOY)
- 41,102
- covered participants
- 100th
- percentile by assets (of 127,072 plans)
- $182,713
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan reported net income rose from -$1.1B in the plan year 2022 filing to $892M in the plan year 2023 filing.
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan end-of-year assets rose from $6.6B in the plan year 2022 filing to $7.5B in the plan year 2023 filing.
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan reported participants rose from 39,177 in the plan year 2022 filing to 41,102 in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Thermo Fisher Scientific Inc. 401(k) Retirement Plan reports 41,102 participants - 50x that state average ($7.5B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $6.6B |
|---|---|
| Net Assets (End of Year) | $7.5B |
| Net Income | $892M |
| Employer EIN | 042209186 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Thermo Fisher Scientific, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 41,000 | $7.5B |
| 2023 | 2 | 42,781 | $8.5B |
| 2024 | 2 | 37,667 | $11.2B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Thermo Fisher Scientific Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
Scale composition for Thermo Fisher Scientific Inc. 401(k) Retirement Plan
Thermo Fisher Scientific Inc. 401(k) Retirement Plan reports $7.5B in end-of-year assets across 41,102 participants (0.061% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.044% of 93,925,755 covered participants) - about $182,713 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $892M.
This plan identity (EIN 042209186, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.6B to $10.3B (+55.5%) while covered participants moved from 39,177 to 36,150 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 39,177 | $6.6B | Open filing |
| 2023 | 41,102 | $7.5B | This page |
| 2024 · index core | 36,150 | $10.3B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan (401(k), $10.3B, 36,150 participants)
- Thermo Fisher Scientific Inc. Retirement Plan (Defined Benefit (Pension), $894M, 1,517 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Thermo Fisher Scientific Inc. 401(k) Retirement Plan by total assets, not by location.
- Marathon Petroleum Thrift Plan (OH) $7.5B · 17,818
- Deferred Salary Plan of the Electrical Industry (NY) $7.5B · 25,873
- Warner Bros. Discovery 401(k) Savings Plan (NY) $7.6B · 20,814
- Albertsons Companies 401(k) Plan (CA) $7.4B · 220,729
Frequently Asked Questions
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Filing takeaways
Ways to act on Thermo Fisher Scientific Inc. 401(k) Retirement Plan's numbers.
- By total assets, Thermo Fisher Scientific Inc. 401(k) Retirement 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 Pennsylvania. Compare plans
- Thermo Fisher Scientific, Inc.'s sponsor-wide assets have grown 48.0% since 2022 across 3 plan years on file. More Wholesale Trade plans