401(k) · DOL Form 5500 · 2024

Avid Technology, Inc. 401(k) Plan

Data updated 2026-08-25

$242M
Total assets Near avg plan size
468
Participants Below avg headcount
95th
Percentile by assets National rank
$516,133
Avg per participant High balance/head
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Official DOL plan name: Avid Technology, Inc. 401(k) Plan · Sponsored by Avid Technology, Inc. · Massachusetts · Manufacturing

$242M in assets, 468 participants

Avid Technology, Inc.'s Avid Technology, Inc. 401(k) Plan reported $242M in total assets and 468 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.

  • #16,402 in Manufacturing (17,777 peers)

Where Avid Technology, Inc. 401(k) Plan sits by assets

Avid Technology, Inc. 401(k) Plan sits in the top 5% of all filed plans by assets, $242M for 468 participants (~$516,133/participant), up 1.1% in 2024.

#16,402
in Manufacturing (17,777 peers)
+1.1%
assets growth YoY
2.4×
vs typical plan assets (national mean)

Avid Technology, Inc. 401(k) Plan's outsized position by total assets

Avid Technology, Inc. 401(k) Plan vs every filed plan by assets

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

$241,550,341 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

Avid Technology, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Avid Technology, Inc. 401(k) Plan sits mid-pack in the medium band (468 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Avid Technology, Inc. 401(k) Plan reported net income fell from $32M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Avid Technology, Inc. 401(k) Plan reported participants fell from 563 in the plan year 2023 filing to 468 in the plan year 2024 filing.
  • Avid Technology, Inc. 401(k) Plan end-of-year assets rose from $239M in the plan year 2023 filing to $242M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 042977748 · Avid Technology, Inc. PY 2024 · 401(k)

Avid Technology, Inc. 401(k) Plan · $242M · 468 · 95th

  • TYPE $242M
  • NET 468
  • BOOK 95th
  • VS-ST 401(k)
  • BOY near Transform 401(k) Savings Plan
  • SCH ind #16402

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 →

Avid Technology, Inc. 401(k) Plan in the asset neighbourhood

Aclu Defined Contribution PlanAclu Defined Contribution Pl…$242MPage Southerland Page 401(k) PlanPage Southerland Page 401(k)…$242MAvid Technology, Inc. 401(k) PlanAvid Technology, Inc. 401(k)…$242MTransform 401(k) Savings Plan$242MSpecialtycare 401(k) Plan$241M
End-of-year total assets ($M) among Avid Technology, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$239M
Net Assets (End of Year)$242M
Net Income$3M
Employer EIN042977748
Plan Effective Date1991-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Avid Technology, Inc.)

Sponsor-wide plan assets over time

All Avid Technology, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$242M 16.653182469630785% vs 2022
2024 filing year
$200M$220M$240M$260M 202220232024 $207M $242M ▲ +16.7%
Year Plans Participants Total Assets
2022 1 540 $207M
2023 1 563 $239M
2024 1 468 $242M

Nearby 401(k) Plans in Massachusetts

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

Avid Technology, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Avid Technology, Inc. 401(k) Plan, Total assets ($B): 0.241550341 · Participants: 468Avid Technology, Inc. 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
Avid Technology, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Avid Technology, Inc. 401(k) Plan side-by-side with 3 peers →

Avid Technology, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Transform 401(k) Savings Plan in IL ($242M); by covered participants it is Mikuni Restaurant Group, Inc. 401(k) Plan in CA (468 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 (468 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 Avid Technology, Inc. 401(k) Plan assets move in 2024? ▼
Avid Technology, Inc. 401(k) Plan edged up modestly - up 1.1% during 2024, from $239M to $242M. Reported net income was $3M.
How have Avid Technology, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Avid Technology, Inc.'s sponsor-wide assets grew 16.7%, from $207M to $242M.
Where does Avid Technology, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Avid Technology, Inc. 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 Avid Technology, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Transform 401(k) Savings Plan in IL ($242M, 11,711 participants).
Which 401(k) plans cover a similar participant headcount to Avid Technology, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mikuni Restaurant Group, Inc. 401(k) Plan in CA (468 participants, $3M in assets).

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 042977748.

Read our methodology - how this data is sourced, computed, and verified.

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