401(k) · DOL Form 5500 · 2024

Foundation Medicine, Inc. 401(k) Plan

Data updated 2026-08-25

$242M
Total assets Near avg plan size
1,696
Participants Near avg headcount
95th
Percentile by assets National rank
$142,464
Avg per participant Near avg balance/head
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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.

  • #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.

#16,148
in Healthcare & Social Assistance (16,916 peers)
+29.2%
assets growth YoY
2.4×
vs typical plan assets (national mean)

Foundation Medicine 401(k) Plan's outsized position by total assets

Foundation Medicine 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$241,618,998 Top 5% higher than 95% of 123,620 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 2024

Foundation Medicine 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Foundation Medicine 401(k) Plan lands in the large band (1,696 participants).

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 271316416 · Foundation Medicine, Inc. PY 2024 · 401(k)

Foundation Medicine 401(k) Plan · $242M · 1,696 · 95th

  • EBSA $242M
  • EBSA 1,696
  • EBSA 95th
  • EBSA 401(k)
  • EBSA near Page Southerland Page 401(k) Plan
  • EBSA ind #16148

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 Healthcare & Social Assistance retirement plans → · Plans in Massachusetts →

Foundation Medicine 401(k) Plan in the asset neighbourhood

Designer Brands Inc. 401(k) PlanDesigner Brands Inc. 401(k) …$242MAclu Defined Contribution PlanAclu Defined Contribution Pl…$242MPage Southerland Page 401(k) PlanPage Southerland Page 401(k)…$242MFoundation Medicine 401(k) PlanFoundation Medicine 401(k) P…$242MTransform 401(k) Savings Plan$242M
End-of-year total assets ($M) among Foundation Medicine 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$187M
Net Assets (End of Year)$242M
Net Income$55M
Employer EIN271316416
Plan Effective Date2010-05-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Foundation Medicine, Inc.)

Sponsor-wide plan assets over time

All Foundation Medicine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$242M 75.67779741095862% vs 2022
2024 filing year
$100M$150M$200M$250M$300M 202220232024 $138M $242M ▲ +75.7%
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 Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Foundation Medicine 401(k) Plan, Total assets ($B): 0.241618998 · Participants: 1696Foundation Medicine 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Foundation Medicine 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

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

Outside Massachusetts, the nearest 401(k) by assets is Page Southerland Page 401(k) Plan in TX ($242M); by covered participants it is Par Petroleum LLC Savings Plan in TX (1,696 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($242M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,696 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Foundation Medicine 401(k) Plan assets move in 2024? ▼
Foundation Medicine 401(k) Plan grew sharply - up 29.2% during 2024, from $187M to $242M. Reported net income was $55M.
How have Foundation Medicine, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Foundation Medicine, Inc.'s sponsor-wide assets grew 75.7%, from $138M to $242M.
Where does Foundation Medicine 401(k) Plan rank by assets among Form 5500 filers? ▼
Foundation Medicine 401(k) Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Foundation Medicine 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Page Southerland Page 401(k) Plan in TX ($242M, 1,406 participants).
Which 401(k) plans cover a similar participant headcount to Foundation Medicine 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Par Petroleum LLC Savings Plan in TX (1,696 participants, $248M in assets).