401(k) · DOL Form 5500 · 2023

Avid Technology, Inc. 401(k) Plan

Data updated 2026-08-25

$239M
Total assets Near avg plan size
563
Participants Below avg headcount
95th
Percentile by assets National rank
$424,523
Avg per participant High balance/head
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Official DOL plan name: Avid Technology, Inc. 401(k) Plan · Sponsored by Avid Technology, Inc. · Massachusetts · Manufacturing

$239M in assets, 563 participants

Avid Technology, Inc.'s Avid Technology, Inc. 401(k) Plan reported $239M in total assets and 563 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #17,368 in Manufacturing (18,722 peers)

Where Avid Technology, Inc. 401(k) Plan sits by assets

Avid Technology, Inc. 401(k) Plan sits in the top 5% of all filed plans by assets, $239M for 563 participants (~$424,523/participant), up 15.4% in 2023.

#17,368
in Manufacturing (18,722 peers)
+15.4%
assets growth YoY
2.4×
vs typical plan assets (national mean)

Avid Technology, Inc. 401(k) Plan's outsized position by total assets

Avid Technology, Inc. 401(k) Plan vs every filed plan by assets

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

$239,006,177 Top 5% higher than 95% 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

Avid Technology, Inc. 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. Avid Technology, Inc. 401(k) Plan sits mid-pack in the medium band (563 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Avid Technology, Inc. 401(k) Plan reported net income rose from -$59M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Avid Technology, Inc. 401(k) Plan end-of-year assets rose from $207M in the plan year 2022 filing to $239M in the plan year 2023 filing.
  • Avid Technology, Inc. 401(k) Plan reported participants rose from 540 in the plan year 2022 filing to 563 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 042977748 · Avid Technology, Inc. PY 2023 · 401(k)

Avid Technology, Inc. 401(k) Plan · $239M · 563 · 95th

  • EBSA $239M
  • PART 563
  • TYPE 95th
  • NET 401(k)
  • BOOK near Granite Retirement Savings Plan
  • VS-ST ind #17368

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 Massachusetts →

Avid Technology, Inc. 401(k) Plan in the asset neighbourhood

Retirement Savings Plan for Hourly Ees of Alcoa USA CorpRetirement Savings Plan for …$239MAlzheimer's Association Retirement and Savings PlanAlzheimer's Association Reti…$239MGranite Retirement Savings PlanGranite Retirement Savings P…$239MAvid Technology, Inc. 401(k) PlanAvid Technology, Inc. 401(k)…$239MFirst Merchants Corporation Retirement Income and Savings PlanFirst Merchants Corporation …$239M
End-of-year total assets ($M) among Avid Technology, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$207M
Net Assets (End of Year)$239M
Net Income$32M
Employer EIN042977748
Plan Effective Date1991-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Avid Technology, Inc.)

Sponsor-wide plan assets over time

All Avid Technology, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$242M 16.653182469630785% vs 2022
2024 filing year
$200M$220M$240M$260M 202220232024 $207M $242M ▲ +16.7%
Year Plans Participants Total Assets
2022 1 540 $207M
2023 1 563 $239M
2024 1 468 $242M

Nearby 401(k) Plans in Massachusetts

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

Avid Technology, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Avid Technology, Inc. 401(k) Plan, Total assets ($B): 0.239006177 · Participants: 563Avid Technology, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Avid Technology, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Avid Technology, Inc. 401(k) Plan side-by-side with 3 peers →

Avid Technology, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Granite Retirement Savings Plan in MN ($239M); by covered participants it is The Campbell Clinic, P.C. Employees' Retirement Plan and Trust in TN (563 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (563 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 Avid Technology, Inc. 401(k) Plan assets move in 2023? ▼
Avid Technology, Inc. 401(k) Plan grew sharply - up 15.4% during 2023, from $207M to $239M. Reported net income was $32M.
How have Avid Technology, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Avid Technology, Inc.'s sponsor-wide assets grew 16.7%, from $207M to $242M.
Where does Avid Technology, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Avid Technology, Inc. 401(k) Plan ranks in the 95th 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 Avid Technology, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Granite Retirement Savings Plan in MN ($239M, 2,627 participants).
Which 401(k) plans cover a similar participant headcount to Avid Technology, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Campbell Clinic, P.C. Employees' Retirement Plan and Trust in TN (563 participants, $127M 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 042977748.

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.