401(k) · DOL Form 5500 · 2023

Vertex Pharmaceuticals Incorporated 401(k) Plan

Data updated 2026-08-11

$1.1B
Total assets: 3,789
Participants: 99th
Percentile by assets: $285,723
Avg per participant

Official DOL plan name: Vertex Pharmaceuticals Incorporated 401(k) Plan · Sponsored by Vertex Pharmaceuticals Incorporated · Massachusetts · Professional & Technical Services

$1.1B in assets, 3,789 participants

Vertex Pharmaceuticals Incorporated's Vertex Pharmaceuticals Incorporated 401(k) Plan reported $1.1B in total assets and 3,789 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)
#20,153 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Vertex Pharmaceuticals Incorporated 401(k) Plan covers 3,789 participants in Massachusetts, 5.8x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.1B.

$1.1B
total plan assets (2023 EOY): 3,789
covered participants: 99th
percentile by assets (of 127,072 plans): $285,723
avg assets per participant

Vertex Pharmaceuticals Incorporated 401(k) Plan reported net income rose from -$97M in the plan year 2022 filing to $255M in the plan year 2023 filing.
Vertex Pharmaceuticals Incorporated 401(k) Plan end-of-year assets rose from $828M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
Vertex Pharmaceuticals Incorporated 401(k) Plan reported participants rose from 2,911 in the plan year 2022 filing to 3,789 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Professional & Technical Services

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Vertex Pharmaceuticals Incorporated 401(k) Plan reports 3,789 participants - 5.8x that state average ($1.1B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$828M
Net Assets (End of Year)	$1.1B
Net Income	$255M
Employer EIN	043039129
Plan Effective Date	1990-02-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Vertex Pharmaceuticals Incorporated)

Total plan assets by year, all Vertex Pharmaceuticals Incorporated plans on file

Year	Plans	Participants	Total Assets
2022	1	2,911	$828M
2023	1	3,789	$1.1B
2024	1	4,388	$1.3B

Nearby 401(k) Plans in Massachusetts

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

Vertex Pharmaceuticals Incorporated 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Fidelity Retirement Savings Plan $28.6B · 62,289
Liberty Mutual 401(k) Plan $10.6B · 37,052
Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
Philips North America 401(k) Plan $5.8B · 19,120

Compare Vertex Pharmaceuticals Incorporated 401(… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Vertex Pharmaceuticals Incorporated 401(k) Plan by total assets, not by location.

Hormel Foods Corporation Tax Deferred Investment Plan a * (MN) $1.1B · 5,009
Holcim (US) Inc. Retirement Savings Plan (MI) $1.1B · 8,367
Physician Affiliate Group of New York Retirement Plan (NY) $1.1B · 3,315
Paychex Pooled Employer 401(k) Plan (NY) $1.1B · 485,003

Frequently Asked Questions

How did Vertex Pharmaceuticals Incorporated 401(k) Plan assets move in 2023? ▼

Vertex Pharmaceuticals Incorporated 401(k) Plan surged - up 30.8% during 2023, from $828M to $1.1B. Reported net income was $255M.

How have Vertex Pharmaceuticals Incorporated plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Vertex Pharmaceuticals Incorporated's sponsor-wide assets grew 58.5%, from $828M to $1.3B.

Where does Vertex Pharmaceuticals Incorporated 401(k) Plan rank by assets among Form 5500 filers? ▼

Vertex Pharmaceuticals Incorporated 401(k) 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 Vertex Pharmaceuticals Incorporated 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Hormel Foods Corporation Tax Deferred Investment Plan a * in MN ($1.1B, 5,009 participants).

Next read for Vertex Pharmaceuticals Incorporated 401(…

Filing takeaways

Ways to act on Vertex Pharmaceuticals Incorporated 401(k) Plan's numbers.

By total assets, Vertex Pharmaceuticals Incorporated 401(k) 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 Massachusetts. Compare plans
Vertex Pharmaceuticals Incorporated's sponsor-wide assets have grown 58.5% since 2022 across 3 plan years on file. More Professional & Technical Services plans

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 043039129.