401(k) · DOL Form 5500 · 2023

Ribbon Communications Operating Company, Inc. 401(k) Plan

Data updated 2026-08-25

$313M
Total assets Above avg plan size
747
Participants Near avg headcount
96th
Percentile by assets National rank
$419,185
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ribbon Communications 401(k) Profit Sharing Plan · Sponsored by Ribbon Communications Operating Company, Inc. · Texas · Manufacturing

$313M in assets, 747 participants

Ribbon Communications Operating Company, Inc.'s Ribbon Communications 401(k) Profit Sharing Plan reported $313M in total assets and 747 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #17,606 in Manufacturing (18,722 peers)

Where Ribbon Communications 401(k) Profit Sharing Plan sits by assets

Ribbon Communications 401(k) Profit Sharing Plan sits in the top 5% of all filed plans by assets, $313M for 747 participants (~$419,185/participant), up 9.1% in 2023.

#17,606
in Manufacturing (18,722 peers)
+9.1%
assets growth YoY
3.1×
vs typical plan assets (national mean)

Ribbon Communications 401(k) Profit Sharing Plan's outsized position by total assets

Ribbon Communications 401(k) Profit Sharing Plan vs every filed plan by assets

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

$313,130,979 Top 4% higher than 96% 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

Ribbon Communications 401(k) Profit Sharing 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. Ribbon Communications 401(k) Profit Sharing Plan sits mid-pack in the medium band (747 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ribbon Communications 401(k) Profit Sharing Plan reported net income rose from -$73M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Ribbon Communications 401(k) Profit Sharing Plan reported participants fell from 832 in the plan year 2022 filing to 747 in the plan year 2023 filing.
  • Ribbon Communications 401(k) Profit Sharing Plan end-of-year assets rose from $287M in the plan year 2022 filing to $313M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 043387074 · Ribbon Communications Operating Company, Inc. PY 2023 · 401(k)

Ribbon Communications 401(k) Profit Sharing Plan · $313M · 747 · 96th

  • PART $313M
  • TYPE 747
  • NET 96th
  • BOOK 401(k)
  • VS-ST near City of Hope Medical Group 401(k) Retirement Savings Plan
  • BOY ind #17606

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 Texas →

Ribbon Communications 401(k) Profit Sharing Plan in the asset neighbourhood

Ribbon Communications 401(k) Profit Sharing PlanRibbon Communications 401(k)…$313MCity of Hope Medical Group 401(k) Retirement Savings PlanCity of Hope Medical Group 4…$313MDelaware North Companies 401(k) PlanDelaware North Companies 401…$313MApollo Management Holdings, LP 401(k) PlanApollo Management Holdings, …$313MConmed Corporation Retirement Savings PlanConmed Corporation Retiremen…$313M
End-of-year total assets ($M) among Ribbon Communications 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$287M
Net Assets (End of Year)$313M
Net Income$26M
Employer EIN043387074
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ribbon Communications Operating Company, Inc.)

Sponsor-wide plan assets over time

All Ribbon Communications Operating Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$340M 18.51602030999822% vs 2022
2024 filing year
$280M$300M$320M$340M$360M 202220232024 $287M $340M ▲ +18.5%
Year Plans Participants Total Assets
2022 1 832 $287M
2023 1 747 $313M
2024 1 683 $340M

Nearby 401(k) Plans in Texas

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

Ribbon Communications 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Ribbon Communications 401(k) Profit Sharing Plan, Total assets ($B): 0.313130979 · Participants: 747Ribbon Communications 401(k) Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Ribbon Communications 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Ribbon Communications 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is City of Hope Medical Group 401(k) Retirement Savings Plan in CA ($313M); by covered participants it is Ses Americom Retirement and Savings Plan in NJ (747 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($313M here).

Similar participant headcount

Nearest other-state filings by covered participants (747 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 Ribbon Communications 401(k) Profit Sharing Plan assets move in 2023?
Ribbon Communications 401(k) Profit Sharing Plan grew at a solid clip - up 9.1% during 2023, from $287M to $313M. Reported net income was $26M.
How have Ribbon Communications Operating Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ribbon Communications Operating Company, Inc.'s sponsor-wide assets grew 18.5%, from $287M to $340M.
Where does Ribbon Communications 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Ribbon Communications 401(k) Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Ribbon Communications 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is City of Hope Medical Group 401(k) Retirement Savings Plan in CA ($313M, 530 participants).
Which 401(k) plans cover a similar participant headcount to Ribbon Communications 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Ses Americom Retirement and Savings Plan in NJ (747 participants, $246M in assets).