401(k) · DOL Form 5500 · 2024

Alkermes, Inc. 401(k) Plan

Data updated 2026-08-11

$480M
Total assets
1,673
Participants
97th
Percentile by assets
$287,010
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Alkermes, Inc. 401(k) Retirement Savings Plan · Sponsored by Alkermes, Inc. · Massachusetts · Professional & Technical Services

$480M in assets, 1,673 participants

Alkermes, Inc.'s Alkermes, Inc. 401(k) Retirement Savings Plan reported $480M in total assets and 1,673 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #19,758 in Professional & Technical Services (20,173 peers)

Coverage in Massachusetts

Alkermes, Inc. 401(k) Retirement Savings Plan covers 1,673 participants in Massachusetts, 2.5x the typical Massachusetts plan (state average ~659 per filing). Assets: $480M.

$480M
total plan assets (2024 EOY)
1,673
covered participants
97th
percentile by assets (of 123,622 plans)
$287,010
avg assets per participant

Where Alkermes, Inc. 401(k) Retirement Savings Plan sits by total assets

Alkermes, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$480,167,743 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Alkermes, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $423M in the plan year 2023 filing to $480M in the plan year 2024 filing.
  • Alkermes, Inc. 401(k) Retirement Savings Plan reported net income fell from $63M in the plan year 2023 filing to $57M in the plan year 2024 filing.
  • Alkermes, Inc. 401(k) Retirement Savings Plan reported participants fell from 1,808 in the plan year 2023 filing to 1,673 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Alkermes, Inc. 401(k) Retirement Savings Plan reports 1,673 participants - 2.5x that state average ($480M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$423M
Net Assets (End of Year)$480M
Net Income$57M
Employer EIN232472830
Plan Effective Date2012-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Alkermes, Inc.)

$300M$350M$400M$450M$500M 202220232024 $360M $480M ▲ +33.4%
Total plan assets by year, all Alkermes, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,775 $360M
2023 1 1,808 $423M
2024 1 1,673 $480M

Nearby 401(k) Plans in Massachusetts

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

Alkermes, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Alkermes, Inc. 401(k…, Total assets ($B): 0.480167743 · Participants: 1673Alkermes, Inc. 401(k…Fidelity Retirement …, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement …Liberty Mutual 401(k…, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k…Massachusetts Instit…, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Instit…Boston Scientific Co…, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Co…State Street Salary …, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary …
Alkermes, Inc. 401(k) Retirement Savings 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 Alkermes, Inc. 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Alkermes, Inc. 401(k) Retirement Savings Plan assets move in 2024?
Alkermes, Inc. 401(k) Retirement Savings Plan grew at a solid clip - up 13.5% during 2024, from $423M to $480M. Reported net income was $57M.
How have Alkermes, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Alkermes, Inc.'s sponsor-wide assets grew 33.4%, from $360M to $480M.
Where does Alkermes, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Alkermes, Inc. 401(k) Retirement Savings Plan ranks in the 97th 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 Alkermes, Inc. 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Hawaii Medical Service Association Employee Thrift Plan in HI ($480M, 1,291 participants).

Next read for Alkermes, Inc. 401(k) Retirement Savings…

Filing takeaways

Ways to act on Alkermes, Inc. 401(k) Retirement Savings Plan's numbers.