401(k) · DOL Form 5500 · 2023
Vertex Pharmaceuticals Incorporated 401(k) Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 3,789
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $285,723
- Avg per participant High balance/head
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.
- #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.
- #20,153
- in Professional & Technical Services (20,321 peers)
- +30.8%
- assets growth YoY
- 11×
- vs typical plan assets (national mean)
Vertex Pharmaceuticals Incorporated 401(k) Plan's outsized position by total assets
Vertex Pharmaceuticals Incorporated 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,082,606,137 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Vertex Pharmaceuticals Incorporated 401(k) Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Vertex Pharmaceuticals Incorporated 401(k) Plan lands in the large band (3,789 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- 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.
DOL schedule card
Filing strip 043039129 · Vertex Pharmaceuticals Incorporated PY 2023 · 401(k)
Vertex Pharmaceuticals Incorporated 401(k) Plan · $1.1B · 3,789 · 99th
- EBSA $1.1B
- EBSA 3,789
- EBSA 99th
- EBSA 401(k)
- EBSA near Hormel Foods Corporation Tax Deferred Investment Plan a *
- EBSA ind #20153
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 Professional & Technical Services retirement plans → · Plans in Massachusetts →
Vertex Pharmaceuticals Incorporated 401(k) Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Vertex Pharmaceuticals Incorporated plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.3B 58.45858516862044% vs 2022
- 2024 filing year
| 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.
- 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
Vertex Pharmaceuticals Incorporated 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Massachusetts, the nearest 401(k) by assets is Hormel Foods Corporation Tax Deferred Investment Plan a * in MN ($1.1B); by covered participants it is Outreach Health Services 401(k) Plan in TX (3,788 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (3,789 participants); asset peers above are excluded.
- Outreach Health Services 401(k) Plan (TX) 3,788 · 1 off
- Savage Companies Retirement & Employee Savings Plan (UT) 3,786 · 3 off
- Sms Holdings Corp. 401(k) Savings Plan (TN) 3,792 · 3 off
- Golden Touch Home Health Retirement Plan (NY) 3,792 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.