401(k) · DOL Form 5500 · 2023

Bfly Operations, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
305
Participants Below avg headcount
70th
Percentile by assets National rank
$56,106
Avg per participant Low balance/head
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Official DOL plan name: Butterfly Network 401(k) Plan · Sponsored by Bfly Operations, Inc. · Massachusetts · Manufacturing

$17M in assets, 305 participants

Bfly Operations, Inc.'s Butterfly Network 401(k) Plan reported $17M in total assets and 305 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #11,013 in Manufacturing (18,722 peers)

Coverage in Massachusetts

Butterfly Network 401(k) Plan covers 305 participants in Massachusetts, about 46% of the average Massachusetts filer (state average ~659 per filing). Assets: $17M.

#11,013
in Manufacturing (18,722 peers)
$2M
reported net income

Butterfly Network 401(k) Plan's outsized position by total assets

Butterfly Network 401(k) Plan vs every filed plan by assets

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

$17,112,455 Top 30% higher than 70% 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

Butterfly Network 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. Butterfly Network 401(k) Plan sits mid-pack in the medium band (305 participants).

Form 5500 schedule snapshot

Filing strip 274649892 · Bfly Operations, Inc. PY 2023 · 401(k)

Butterfly Network 401(k) Plan · $17M · 305 · 70th

  • ASSETS $17M
  • PCT 305
  • EIN 70th
  • RANK 401(k)
  • PHOTO near Twomey, Latham, Shea, Kelley, Dubin & Quartararo 401(k) Profit Sharing Plan
  • IND ind #11013

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 →

Butterfly Network 401(k) Plan in the asset neighbourhood

Pepe Motors Corp. 401(k) Plan$17MButterfly Network 401(k) Plan$17MTwomey, Latham, Shea, Kelley, Dubin & Quartararo 401(k) Profit Sharing PlanTwomey, Latham, Shea, Kelley…$17MArkansas Federal Credit Union 401(k) Plan and TrustArkansas Federal Credit Unio…$17MAmerican Healthcare, LLC Retirement Savings PlanAmerican Healthcare, LLC Ret…$17M
End-of-year total assets ($M) among Butterfly Network 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN274649892
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bfly Operations, Inc.)

Sponsor-wide plan assets over time

All Bfly Operations, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 16.978750272827597% vs 2023
2024 filing year
$16M$17M$18M$19M$20M$21M 20232024 $17.1M $20M ▲ +17.0%
Year Plans Participants Total Assets
2023 1 305 $17M
2024 1 206 $20M

Nearby 401(k) Plans in Massachusetts

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

Butterfly Network 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Butterfly Network 401(k) Plan, Total assets ($B): 0.017112455 · Participants: 305Butterfly Network 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
Butterfly Network 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Butterfly Network 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Twomey, Latham, Shea, Kelley, Dubin & Quartararo 401(k) Profit Sharing Plan in NY ($17M); by covered participants it is Home-Care Pca LLC 401(k) Profit Sharing Plan & Trust in LA (305 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (305 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 have Bfly Operations, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Bfly Operations, Inc.'s sponsor-wide assets grew 17.0%, from $17M to $20M.
Which 401(k) plans are similar in size to Butterfly Network 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Twomey, Latham, Shea, Kelley, Dubin & Quartararo 401(k) Profit Sharing Plan in NY ($17M, 50 participants).
Which 401(k) plans cover a similar participant headcount to Butterfly Network 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Home-Care Pca LLC 401(k) Profit Sharing Plan & Trust in LA (305 participants, $151K in assets).