Defined Benefit (Pension) · DOL Form 5500 · 2024
Thermo Fisher Scientific Inc. Pension Plan
Data updated 2026-08-11
- $894M
- Total assets
- 1,517
- Participants
- 98th
- Percentile by assets
- $589,426
- Avg per participant
Official DOL plan name: Thermo Fisher Scientific Inc. Retirement Plan · Sponsored by Thermo Fisher Scientific Inc. · Pennsylvania · Wholesale Trade
$894M in assets, 1,517 participants
Thermo Fisher Scientific Inc.'s Thermo Fisher Scientific Inc. Retirement Plan reported $894M in total assets and 1,517 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 123,622 plans)
- #6,015 in Wholesale Trade (6,080 peers)
Where Thermo Fisher Scientific Inc. Retirement Plan sits by assets
Thermo Fisher Scientific Inc. Retirement Plan sits in the top 5% of all filed plans by assets, $894M for 1,517 participants (~$589,426/participant), down 5.6% in 2024.
- $894M
- total plan assets (2024 EOY)
- 1,517
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $589,426
- avg assets per participant
The plan reported a net loss of $53M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Thermo Fisher Scientific Inc. Retirement Plan reported net income fell from $10M in the plan year 2023 filing to -$53M in the plan year 2024 filing.
- Thermo Fisher Scientific Inc. Retirement Plan reported participants fell from 1,679 in the plan year 2023 filing to 1,517 in the plan year 2024 filing.
- Thermo Fisher Scientific Inc. Retirement Plan end-of-year assets fell from $947M in the plan year 2023 filing to $894M in the plan year 2024 filing.
Thermo Fisher Scientific Inc. Retirement Plan vs the 2024 asset distribution
By assets, Thermo Fisher Scientific Inc. Retirement Plan outranks 98% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 9.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $947M |
|---|---|
| Net Assets (End of Year) | $893M |
| Net Income | -$53M |
| Employer EIN | 042209186 |
| Plan Effective Date | 1987-04-06 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Thermo Fisher Scientific Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 41,000 | $7.5B |
| 2023 | 2 | 42,781 | $8.5B |
| 2024 | 2 | 37,667 | $11.2B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Thermo Fisher Scientific Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Thermo Fisher Scientific Inc. Retirement Plan by total assets, not by location.
- Blue Cross Blue Shield of Michigan Employees' Retirement Account Plan (MI) $893M · 6,733
- Permanente Physicians Retirement Plan for Mapmg (CA) $893M · 2,216
- Cottage Health Pension Plan (CA) $890M · 3,623
- The Goodyear Tire & Rubber Company Salaried Pension Plan (OH) $900M · 1,545
Frequently Asked Questions
How did Thermo Fisher Scientific Inc. Retirement Plan assets move in 2024? ▼
How have Thermo Fisher Scientific Inc. plan assets changed over time? ▼
Where does Thermo Fisher Scientific Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
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Next read for Thermo Fisher Scientific Inc. Retirement…
Scale reading
Ways to act on Thermo Fisher Scientific Inc. Retirement Plan's numbers.
- By total assets, Thermo Fisher Scientific Inc. Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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