401(k) · DOL Form 5500 · 2023

Vericel Corporation 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
303
Participants Below avg headcount
82nd
Percentile by assets National rank
$123,723
Avg per participant Near avg balance/head
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Official DOL plan name: Vericel Corporation 401(k) Plan · Sponsored by Vericel Corporation · Michigan · Manufacturing

$37M in assets, 303 participants

Vericel Corporation's Vericel Corporation 401(k) Plan reported $37M in total assets and 303 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #14,000 in Manufacturing (18,722 peers)

Coverage in Michigan

Vericel Corporation 401(k) Plan covers 303 participants in Michigan, about 48% of the average Michigan filer (state average ~638 per filing). Assets: $37M.

#14,000
in Manufacturing (18,722 peers)
+31.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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

Vericel Corporation 401(k) Plan vs every filed plan by assets

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

$37,488,184 Top 18% higher than 82% 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

Vericel Corporation 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. Vericel Corporation 401(k) Plan sits mid-pack in the medium band (303 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Vericel Corporation 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Vericel Corporation 401(k) Plan end-of-year assets rose from $28M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • Vericel Corporation 401(k) Plan reported participants rose from 273 in the plan year 2022 filing to 303 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 943096597 · Vericel Corporation PY 2023 · 401(k)

Vericel Corporation 401(k) Plan · $37M · 303 · 82nd

  • NET $37M
  • NET 303
  • NET 82nd
  • NET 401(k)
  • NET near Phoenix Suns 401(k) Salary Savings Plan
  • NET ind #14000

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 Michigan →

Vericel Corporation 401(k) Plan in the asset neighbourhood

Golden Touch Imports, Inc. Profit Sharing PlanGolden Touch Imports, Inc. P…$37MVericel Corporation 401(k) PlanVericel Corporation 401(k) P…$37MPhoenix Suns 401(k) Salary Savings PlanPhoenix Suns 401(k) Salary S…$37MWesterra Credit Union Capital Accumulation PlanWesterra Credit Union Capita…$37MAmerican Business Bank 401(k) PlanAmerican Business Bank 401(k…$37M
End-of-year total assets ($M) among Vericel Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$37M
Net Income$9M
Employer EIN943096597
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Vericel Corporation)

Sponsor-wide plan assets over time

All Vericel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$48M 68.00267493501357% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $28.5M $47.9M ▲ +68.0%
Year Plans Participants Total Assets
2022 1 273 $28M
2023 1 303 $37M
2024 1 315 $48M

Nearby 401(k) Plans in Michigan

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

Vericel Corporation 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Vericel Corporation 401(k) Plan, Total assets ($B): 0.037488184 · Participants: 303Vericel Corporation 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Vericel Corporation 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Vericel Corporation 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Phoenix Suns 401(k) Salary Savings Plan in AZ ($37M); by covered participants it is Emergency Hospital Systems 401(k) Plan in TX (303 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (303 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 Vericel Corporation 401(k) Plan assets move in 2023? ▼
Vericel Corporation 401(k) Plan surged - up 31.6% during 2023, from $28M to $37M. Reported net income was $9M.
How have Vericel Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Vericel Corporation's sponsor-wide assets grew 68.0%, from $28M to $48M.
Where does Vericel Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Vericel Corporation 401(k) Plan ranks in the 82nd 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 Vericel Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Phoenix Suns 401(k) Salary Savings Plan in AZ ($37M, 390 participants).
Which 401(k) plans cover a similar participant headcount to Vericel Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Emergency Hospital Systems 401(k) Plan in TX (303 participants, $2M 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 943096597.

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.