401(k) · DOL Form 5500 · 2024

Mitel (Delaware), Inc. 401(k) Plan

Data updated 2026-08-25

$228M
Total assets Near avg plan size
550
Participants Below avg headcount
95th
Percentile by assets National rank
$414,195
Avg per participant High balance/head
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Official DOL plan name: Mitel 401(k) Plan · Sponsored by Mitel (Delaware), Inc. · Arizona · Manufacturing

$228M in assets, 550 participants

Mitel (Delaware), Inc.'s Mitel 401(k) Plan reported $228M in total assets and 550 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.

  • #16,350 in Manufacturing (17,777 peers)

Where Mitel 401(k) Plan sits by assets

Mitel 401(k) Plan sits in the top 5% of all filed plans by assets, $228M for 550 participants (~$414,195/participant), up 12.3% in 2024.

#16,350
in Manufacturing (17,777 peers)
+12.3%
assets growth YoY
2.3×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

Mitel 401(k) Plan vs every filed plan by assets

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

$227,807,453 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

Mitel 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. Mitel 401(k) Plan sits mid-pack in the medium band (550 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mitel 401(k) Plan reported net income fell from $8M in the plan year 2023 filing to -$10M in the plan year 2024 filing.
  • Mitel 401(k) Plan reported participants fell from 660 in the plan year 2023 filing to 550 in the plan year 2024 filing.
  • Mitel 401(k) Plan end-of-year assets rose from $203M in the plan year 2023 filing to $228M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 860220994 · Mitel (Delaware), Inc. PY 2024 · 401(k)

Mitel 401(k) Plan · $228M · 550 · 95th

  • PHOTO $228M
  • PHOTO 550
  • PHOTO 95th
  • PHOTO 401(k)
  • PHOTO near 401(k) Plan of Evangelical Community Hospital
  • PHOTO ind #16350

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 Arizona →

Mitel 401(k) Plan in the asset neighbourhood

Avx Greenville LLC 401(k) PlanAvx Greenville LLC 401(k) Pl…$228MMitel 401(k) Plan$228M401(k) Plan of Evangelical Community Hospital401(k) Plan of Evangelical C…$228MSandy Spring Bank 401(k) Plan$228MBob's Discount Furniture 401(k) Profit Sharing PlanBob's Discount Furniture 401…$228M
End-of-year total assets ($M) among Mitel 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)$203M
Net Assets (End of Year)$228M
Net Income-$10M
Employer EIN860220994
Plan Effective Date1977-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mitel (Delaware), Inc.)

Sponsor-wide plan assets over time

All Mitel (Delaware), Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$228M 16.753899938282874% vs 2022
2024 filing year
$190M$200M$210M$220M$230M$240M 202220232024 $195M $228M ▲ +16.8%
Year Plans Participants Total Assets
2022 1 1,086 $195M
2023 1 660 $203M
2024 1 550 $228M

Nearby 401(k) Plans in Arizona

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

Mitel 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Mitel 401(k) Plan, Total assets ($B): 0.227807453 · Participants: 550Mitel 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 6.067288511 · Participants: 7971Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.918574883 · Participants: 54731Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.670667399 · Participants: 13770Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.666764279 · Participants: 32629Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 2.319061108 · Participants: 11603Stantec 401(k) Plan
Mitel 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Mitel 401(k) Plan side-by-side with 3 peers →

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

Outside Arizona, the nearest 401(k) by assets is 401(k) Plan of Evangelical Community Hospital in PA ($228M); by covered participants it is Chartway Federal Credit Union 401(k) Retirement Savings Plan in VA (550 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($228M here).

Similar participant headcount

Nearest other-state filings by covered participants (550 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 Mitel 401(k) Plan assets move in 2024? ▼
Mitel 401(k) Plan grew at a solid clip - up 12.3% during 2024, from $203M to $228M. Reported net income was -$10M.
How have Mitel (Delaware), Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mitel (Delaware), Inc.'s sponsor-wide assets grew 16.8%, from $195M to $228M.
Where does Mitel 401(k) Plan rank by assets among Form 5500 filers? ▼
Mitel 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 Mitel 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is 401(k) Plan of Evangelical Community Hospital in PA ($228M, 1,943 participants).
Which 401(k) plans cover a similar participant headcount to Mitel 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Chartway Federal Credit Union 401(k) Retirement Savings Plan in VA (550 participants, $45M 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 860220994.

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.