401(k) · DOL Form 5500 · 2024

Tufts Medicine, Inc. 401(k) Plan

Data updated 2026-08-25

$992M
Total assets Above avg plan size
11,553
Participants Very large workforce
98th
Percentile by assets National rank
$85,859
Avg per participant Below avg balance/head
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Official DOL plan name: Tufts Medicine, Inc. 403(b) Retirement Plan · Sponsored by Tufts Medicine, Inc. · Massachusetts · Healthcare & Social Assistance

$992M in assets, 11,553 participants

Tufts Medicine, Inc.'s Tufts Medicine, Inc. 403(b) Retirement Plan reported $992M in total assets and 11,553 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.

  • #16,674 in Healthcare & Social Assistance (16,916 peers)

Coverage in Massachusetts

Tufts Medicine, Inc. 403(b) Retirement Plan covers 11,553 participants in Massachusetts, 18x the typical Massachusetts plan (state average ~659 per filing). Assets: $992M.

#16,674
in Healthcare & Social Assistance (16,916 peers)
+15.1%
assets growth YoY
10.0×
vs typical plan assets (national mean)

Tufts Medicine, Inc. 403(b) Retirement Plan's outsized position by total assets

Tufts Medicine, Inc. 403(b) Retirement Plan vs every filed plan by assets

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

$991,932,046 Top 2% higher than 98% 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

Tufts Medicine, Inc. 403(b) Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tufts Medicine, Inc. 403(b) Retirement Plan is a mega filing (11,553 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tufts Medicine, Inc. 403(b) Retirement Plan reported participants rose from 1,178 in the plan year 2023 filing to 11,553 in the plan year 2024 filing.
  • Tufts Medicine, Inc. 403(b) Retirement Plan reported net income rose from $85M in the plan year 2023 filing to $130M in the plan year 2024 filing.
  • Tufts Medicine, Inc. 403(b) Retirement Plan end-of-year assets rose from $862M in the plan year 2023 filing to $992M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 472250732 · Tufts Medicine, Inc. PY 2024 · 401(k)

Tufts Medicine, Inc. 403(b) Retirement Plan · $992M · 11,553 · 98th

  • SCH $992M
  • SCH 11,553
  • SCH 98th
  • SCH 401(k)
  • SCH near The Giant Company 401(k) Plan
  • SCH ind #16674

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 Healthcare & Social Assistance retirement plans → · Plans in Massachusetts →

Tufts Medicine, Inc. 403(b) Retirement Plan in the asset neighbourhood

Owens & Minor 401(k) Savings and Retirement PlanOwens & Minor 401(k) Savings…$994MCelanese Americas Retirement Savings PlanCelanese Americas Retirement…$993MSave Mart Companies Retirement Savings PlanSave Mart Companies Retireme…$993MTufts Medicine, Inc. 403(b) Retirement PlanTufts Medicine, Inc. 403(b) …$992MThe Giant Company 401(k) Plan$992M
End-of-year total assets ($M) among Tufts Medicine, Inc. 403(b) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$862M
Net Assets (End of Year)$992M
Net Income$130M
Employer EIN472250732
Plan Effective Date2020-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tufts Medicine, Inc.)

Sponsor-wide plan assets over time

All Tufts Medicine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 1959.6266540422623% vs 2022
2024 filing year
$0B$0.5B$1B$1.5B 202220232024 $0.06B $1.21B ▲ +1916.7%
Year Plans Participants Total Assets
2022 1 316 $59M
2023 2 1,496 $1.1B
2024 2 12,319 $1.2B

Nearby 401(k) Plans in Massachusetts

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

Tufts Medicine, Inc. 403(b) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Tufts Medicine, Inc. 403(b) Retirement Plan, Total assets ($B): 0.991932046 · Participants: 11553Tufts Medicine, Inc. 403(b) Retirement 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
Tufts Medicine, Inc. 403(b) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Tufts Medicine, Inc. 403(b) Retirement Plan side-by-side with 3 peers →

Scale composition for Tufts Medicine, Inc. 403(b) Retirement Plan

Tufts Medicine, Inc. 403(b) Retirement Plan reports $992M in end-of-year assets across 11,553 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $85,859 per participant (62% of the national average assets-per-participant) . Net income for plan year 2024 was $130M.

This plan identity (EIN 472250732, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $59M to $992M (+1586.0%) while covered participants moved from 316 to 11,553 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 316 $59M Open filing
2023 1,178 $862M Open filing
2024 · index core 11,553 $992M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Tufts Medicine, Inc. 403(b) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is The Giant Company 401(k) Plan in PA ($992M); by covered participants it is Marsh & Mclennan Agency 401(k) Savings & Investment Plan in NY (11,530 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($992M here).

Similar participant headcount

Nearest other-state filings by covered participants (11,553 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 Tufts Medicine, Inc. 403(b) Retirement Plan assets move in 2024? ▼
Tufts Medicine, Inc. 403(b) Retirement Plan grew sharply - up 15.1% during 2024, from $862M to $992M. Reported net income was $130M.
How have Tufts Medicine, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tufts Medicine, Inc.'s sponsor-wide assets grew 1959.6%, from $59M to $1.2B.
Where does Tufts Medicine, Inc. 403(b) Retirement Plan rank by assets among Form 5500 filers? ▼
Tufts Medicine, Inc. 403(b) Retirement Plan ranks in the 98th 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 Tufts Medicine, Inc. 403(b) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Giant Company 401(k) Plan in PA ($992M, 36,374 participants).
Which 401(k) plans cover a similar participant headcount to Tufts Medicine, Inc. 403(b) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Marsh & Mclennan Agency 401(k) Savings & Investment Plan in NY (11,530 participants, $1.5B 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 472250732.

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.