401(k) · DOL Form 5500 · 2024

Vertex Pharmaceuticals Incorporated 401(k) Plan

Data updated 2026-07-24

$1.3B
Total assets
4,388
Participants
99th
Percentile by assets
$298,966
Avg per participant
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Official DOL plan name: Vertex Pharmaceuticals Incorporated 401(k) Plan · Sponsored by Vertex Pharmaceuticals Incorporated · Massachusetts · Professional & Technical Services

$1.3B in assets, 4,388 participants

Vertex Pharmaceuticals Incorporated's Vertex Pharmaceuticals Incorporated 401(k) Plan reported $1.3B in total assets and 4,388 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 116,472 plans)

Coverage in Massachusetts

Vertex Pharmaceuticals Incorporated 401(k) Plan covers 4,388 participants in Massachusetts, 6.8x the typical Massachusetts plan (state average ~641 per filing). Assets: $1.3B.

$1.3B
total plan assets (2024 EOY)
4,388
covered participants
99th
percentile by assets (of 116,472 plans)
$298,966
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Vertex Pharmaceuticals Incorporated 401(k) Plan end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.
  • Vertex Pharmaceuticals Incorporated 401(k) Plan reported participants rose from 3,789 in the plan year 2023 filing to 4,388 in the plan year 2024 filing.
  • Vertex Pharmaceuticals Incorporated 401(k) Plan reported net income fell from $255M in the plan year 2023 filing to $218M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Vertex Pharmaceuticals Incorporated 401(k) Plan reports 4,388 participants - 6.8x that state average ($1.3B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.3B
Net Income$218M
Employer EIN043039129
Plan Effective Date1990-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Vertex Pharmaceuticals Incorporated)

$0.6B$0.8B$1B$1.2B$1.4B 202220232024 $0.83B $1.31B ▲ +57.8%
Total plan assets by year, all Vertex Pharmaceuticals Incorporated plans on file
Year Plans Participants Total Assets
2022 1 2,911 $828M
2023 1 3,789 $1.1B
2024 1 4,388 $1.3B

Nearby 401(k) Plans in Massachusetts

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

Vertex Pharmaceuticals Incorporated 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Vertex Pharmaceuticals Incorporated 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Vertex Pharmaceutica…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…State Street Salary …
Vertex Pharmaceuticals Incorporated 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Vertex Pharmaceuticals Incorporated 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Vertex Pharmaceuticals Incorporated 401(k) Plan assets move in 2024?
Vertex Pharmaceuticals Incorporated 401(k) Plan grew sharply - up 21.2% during 2024, from $1.1B to $1.3B. Reported net income was $218M.
How have Vertex Pharmaceuticals Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Vertex Pharmaceuticals Incorporated's sponsor-wide assets grew 58.5%, from $828M to $1.3B.
Where does Vertex Pharmaceuticals Incorporated 401(k) Plan rank by assets among Form 5500 filers?
Vertex Pharmaceuticals Incorporated 401(k) Plan ranks in the 99th 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 Vertex Pharmaceuticals Incorporated 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Assa Abloy Inc. Retirement Savings Plan in CT ($1.3B, 12,400 participants).

Next read for Vertex Pharmaceuticals Incorporated 401(…

Filing takeaways

Ways to act on Vertex Pharmaceuticals Incorporated 401(k) Plan's numbers.

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 043039129.

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