401(k) · DOL Form 5500 · 2023

Teradyne, Inc. & Subsidiaries 401(k) Plan

Data updated 2026-08-11

$1.0B
Total assets
2,068
Participants
99th
Percentile by assets
$495,184
Avg per participant
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Official DOL plan name: Teradyne, Inc. Savings Plan · Sponsored by Teradyne, Inc. & Subsidiaries · Massachusetts · Manufacturing

$1.0B in assets, 2,068 participants

Teradyne, Inc. & Subsidiaries's Teradyne, Inc. Savings Plan reported $1.0B in total assets and 2,068 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #18,276 in Manufacturing (18,722 peers)

Coverage in Massachusetts

Teradyne, Inc. Savings Plan covers 2,068 participants in Massachusetts, 3.1x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.0B.

$1.0B
total plan assets (2023 EOY)
2,068
covered participants
99th
percentile by assets (of 127,072 plans)
$495,184
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teradyne, Inc. Savings Plan reported net income rose from -$191M in the plan year 2022 filing to $140M in the plan year 2023 filing.
  • Teradyne, Inc. Savings Plan end-of-year assets rose from $883M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.
  • Teradyne, Inc. Savings Plan reported participants rose from 1,957 in the plan year 2022 filing to 2,068 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Teradyne, Inc. Savings Plan reports 2,068 participants - 3.1x that state average ($1.0B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$883M
Net Assets (End of Year)$1.0B
Net Income$140M
Employer EIN042272148
Plan Effective Date1973-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teradyne, Inc. & Subsidiaries)

$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $1B $1.23B ▲ +23.0%
Total plan assets by year, all Teradyne, Inc. & Subsidiaries plans on file
Year Plans Participants Total Assets
2022 2 2,383 $995M
2023 2 2,470 $1.1B
2024 2 2,393 $1.2B

Nearby 401(k) Plans in Massachusetts

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

Teradyne, Inc. Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Teradyne, Inc. Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Teradyne, Inc. Savin…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…Philips North Americ…
Teradyne, Inc. Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Teradyne, Inc. Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Teradyne, Inc. Savings Plan assets move in 2023?
Teradyne, Inc. Savings Plan grew sharply - up 15.9% during 2023, from $883M to $1.0B. Reported net income was $140M.
How have Teradyne, Inc. & Subsidiaries plan assets changed over time?
Across 3 plan years on file (2022-2024), Teradyne, Inc. & Subsidiaries's sponsor-wide assets grew 24.0%, from $995M to $1.2B.
Where does Teradyne, Inc. Savings Plan rank by assets among Form 5500 filers?
Teradyne, Inc. Savings Plan ranks in the 99th 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 Teradyne, Inc. Savings Plan?
Among 401(k) plans in other states, the closest by assets is Paul Hastings LLP Defined Contribution Retirement Plan in CA ($1.0B, 1,540 participants).

Filing takeaways

Ways to act on Teradyne, Inc. Savings Plan's numbers.