401(k) · DOL Form 5500 · 2023

Mitel (Delaware), Inc. 401(k) Plan

Data updated 2026-08-11

$203M
Total assets
660
Participants
95th
Percentile by assets
$307,278
Avg per participant
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Official DOL plan name: Mitel 401(k) Plan · Sponsored by Mitel (Delaware), Inc. · Arizona · Manufacturing

$203M in assets, 660 participants

Mitel (Delaware), Inc.'s Mitel 401(k) Plan reported $203M in total assets and 660 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.

  • 95th percentile by assets (of 127,072 plans)
  • #17,199 in Manufacturing (18,722 peers)

Where Mitel 401(k) Plan sits by assets

Mitel 401(k) Plan sits in the top 5% of all filed plans by assets, $203M for 660 participants (~$307,278/participant), up 3.9% in 2023.

$203M
total plan assets (2023 EOY)
660
covered participants
95th
percentile by assets (of 127,072 plans)
$307,278
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mitel 401(k) Plan reported net income rose from -$61M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Mitel 401(k) Plan reported participants fell from 1,086 in the plan year 2022 filing to 660 in the plan year 2023 filing.
  • Mitel 401(k) Plan end-of-year assets rose from $195M in the plan year 2022 filing to $203M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Mitel 401(k) Plan vs the 2023 asset distribution

By assets, Mitel 401(k) Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$195M
Net Assets (End of Year)$203M
Net Income$8M
Employer EIN860220994
Plan Effective Date1977-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mitel (Delaware), Inc.)

$190M$200M$210M$220M$230M$240M 202220232024 $195M $228M ▲ +16.8%
Total plan assets by year, all Mitel (Delaware), Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,086 $195M
2023 1 660 $203M
2024 1 550 $228M

Nearby 401(k) Plans in Arizona

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

Mitel 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Mitel 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Mitel 401(k) PlanBechtel Trust & Thri…Banner Health Employ…Republic Services, I…Freeport-Mcmoran Inc…Stantec 401(k) Plan
Mitel 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Mitel 401(k) Plan assets move in 2023?
Mitel 401(k) Plan edged up modestly - up 3.9% during 2023, from $195M to $203M. Reported net income was $8M.
How have Mitel (Delaware), Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mitel (Delaware), Inc.'s sponsor-wide assets grew 16.8%, from $195M to $228M.
Where does Mitel 401(k) Plan rank by assets among Form 5500 filers?
Mitel 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 Mitel 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Rsui 401(k) / Retirement Savings Plan in GA ($203M, 382 participants).

Scale reading

Ways to act on Mitel 401(k) Plan's numbers.