401(k) · DOL Form 5500 · 2024
Foundation Medicine, Inc. 401(k) Plan
Data updated 2026-08-11
- $242M
- Total assets
- 1,696
- Participants
- 95th
- Percentile by assets
- $142,464
- Avg per participant
Official DOL plan name: Foundation Medicine 401(k) Plan · Sponsored by Foundation Medicine, Inc. · Massachusetts · Healthcare & Social Assistance
$242M in assets, 1,696 participants
Foundation Medicine, Inc.'s Foundation Medicine 401(k) Plan reported $242M in total assets and 1,696 participants in its 2024 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 123,622 plans)
- #16,148 in Healthcare & Social Assistance (16,916 peers)
Coverage in Massachusetts
Foundation Medicine 401(k) Plan covers 1,696 participants in Massachusetts, 2.6x the typical Massachusetts plan (state average ~659 per filing). Assets: $242M.
- $242M
- total plan assets (2024 EOY)
- 1,696
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $142,464
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Foundation Medicine 401(k) Plan end-of-year assets rose from $187M in the plan year 2023 filing to $242M in the plan year 2024 filing.
- Foundation Medicine 401(k) Plan reported net income rose from $49M in the plan year 2023 filing to $55M in the plan year 2024 filing.
- Foundation Medicine 401(k) Plan reported participants fell from 1,829 in the plan year 2023 filing to 1,696 in the plan year 2024 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Foundation Medicine 401(k) Plan reports 1,696 participants - 2.6x that state average ($242M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $187M |
|---|---|
| Net Assets (End of Year) | $242M |
| Net Income | $55M |
| Employer EIN | 271316416 |
| Plan Effective Date | 2010-05-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Foundation Medicine, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,707 | $138M |
| 2023 | 1 | 1,829 | $187M |
| 2024 | 1 | 1,696 | $242M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Foundation Medicine 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
- Fidelity Retirement Savings Plan $34.2B · 66,907
- Liberty Mutual 401(k) Plan $11.4B · 34,618
- Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
- Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
- State Street Salary Savings Program $6.5B · 12,777
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Foundation Medicine 401(k) Plan by total assets, not by location.
- Page Southerland Page 401(k) Plan (TX) $242M · 1,406
- Aclu Defined Contribution Plan (NY) $242M · 1,923
- Transform 401(k) Savings Plan (IL) $242M · 11,711
- Designer Brands Inc. 401(k) Plan (OH) $242M · 7,189
Frequently Asked Questions
How did Foundation Medicine 401(k) Plan assets move in 2024? ▼
How have Foundation Medicine, Inc. plan assets changed over time? ▼
Where does Foundation Medicine 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Foundation Medicine 401(k) Plan? ▼
Next read for Foundation Medicine 401(k) Plan
Filing takeaways
Ways to act on Foundation Medicine 401(k) Plan's numbers.
- By total assets, Foundation Medicine 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- Foundation Medicine, Inc.'s sponsor-wide assets have grown 75.7% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans