401(k) · DOL Form 5500 · 2024

Thermo Fisher Scientific Inc. 401(k) Plan

Data updated 2026-08-06

$10.3B
Total assets
36,150
Participants
100th
Percentile by assets
$283,911
Avg per participant
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Official DOL plan name: Thermo Fisher Scientific Inc. 401(k) Retirement Plan · Sponsored by Thermo Fisher Scientific Inc. · Pennsylvania · Wholesale Trade

$10.3B in assets, 36,150 participants

Thermo Fisher Scientific Inc.'s Thermo Fisher Scientific Inc. 401(k) Retirement Plan reported $10.3B in total assets and 36,150 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

Thermo Fisher Scientific Inc. 401(k) Retirement Plan covers 36,150 participants in Pennsylvania, 44x the typical Pennsylvania plan (state average ~824 per filing). Assets: $10.3B.

$10.3B
total plan assets (2024 EOY)
36,150
covered participants
100th
percentile by assets (of 116,472 plans)
$283,911
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thermo Fisher Scientific Inc. 401(k) Retirement Plan end-of-year assets rose from $7.5B in the plan year 2023 filing to $10.3B in the plan year 2024 filing.
  • Thermo Fisher Scientific Inc. 401(k) Retirement Plan reported net income rose from $892M in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
  • Thermo Fisher Scientific Inc. 401(k) Retirement Plan reported participants fell from 41,102 in the plan year 2023 filing to 36,150 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Thermo Fisher Scientific Inc. 401(k) Retirement Plan reports 36,150 participants - 44x that state average ($10.3B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$7.5B
Net Assets (End of Year)$10.3B
Net Income$1.1B
Employer EIN042209186
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thermo Fisher Scientific Inc.)

$6B$8B$10B$12B 202220232024 $7.54B $11.2B ▲ +48.0%
Total plan assets by year, all Thermo Fisher Scientific Inc. plans on file
Year Plans Participants Total Assets
2022 2 41,000 $7.5B
2023 2 42,781 $8.5B
2024 2 37,667 $11.2B

Nearby 401(k) Plans in Pennsylvania

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

Thermo Fisher Scientific Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Thermo Fisher Scientific Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 510152025 Total assets ($B) Participants Thermo Fisher Scient…Comcast Corporation …The Cigna Group 401(…The Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Thermo Fisher Scientific Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Thermo Fisher Scientific Inc. 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Thermo Fisher Scientific Inc. 401(k) Retirement Plan assets move in 2024?
Thermo Fisher Scientific Inc. 401(k) Retirement Plan surged - up 36.7% during 2024, from $7.5B to $10.3B. Reported net income was $1.1B.
How have Thermo Fisher Scientific Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thermo Fisher Scientific Inc.'s sponsor-wide assets grew 48.0%, from $7.5B to $11.2B.
Where does Thermo Fisher Scientific Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers?
Thermo Fisher Scientific Inc. 401(k) Retirement Plan ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Thermo Fisher Scientific Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is United Airlines 401(k) Savings Plan in IL ($10.3B, 57,326 participants).

Next read for Thermo Fisher Scientific Inc. 401(k) Ret…

Filing takeaways

Ways to act on Thermo Fisher Scientific Inc. 401(k) Retirement Plan's numbers.

  • By total assets, Thermo Fisher Scientific Inc. 401(k) Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
  • Thermo Fisher Scientific Inc.'s sponsor-wide assets have grown 48.0% since 2022 across 3 plan years on file. More Wholesale Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042209186.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.