401(k) · DOL Form 5500 · 2024
The Mathworks, Inc. 401(k) Plan
Data updated 2026-08-11
- $1.8B
- Total assets
- 3,892
- Participants
- 99th
- Percentile by assets
- $462,084
- Avg per participant
Official DOL plan name: The Mathworks 401(k) Retirement Plan · Sponsored by The Mathworks, Inc. · Massachusetts · Professional & Technical Services
$1.8B in assets, 3,892 participants
The Mathworks, Inc.'s The Mathworks 401(k) Retirement Plan reported $1.8B in total assets and 3,892 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 123,622 plans)
- #20,061 in Professional & Technical Services (20,173 peers)
Coverage in Massachusetts
The Mathworks 401(k) Retirement Plan covers 3,892 participants in Massachusetts, 5.9x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.8B.
- $1.8B
- total plan assets (2024 EOY)
- 3,892
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $462,084
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Mathworks 401(k) Retirement Plan end-of-year assets rose from $1.5B in the plan year 2023 filing to $1.8B in the plan year 2024 filing.
- The Mathworks 401(k) Retirement Plan reported participants rose from 3,648 in the plan year 2023 filing to 3,892 in the plan year 2024 filing.
- The Mathworks 401(k) Retirement Plan reported net income fell from $296M in the plan year 2023 filing to $296M in the plan year 2024 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. The Mathworks 401(k) Retirement Plan reports 3,892 participants - 5.9x that state average ($1.8B EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $1.5B |
|---|---|
| Net Assets (End of Year) | $1.8B |
| Net Income | $296M |
| Employer EIN | 942960235 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Mathworks, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,287 | $1.2B |
| 2023 | 1 | 3,648 | $1.5B |
| 2024 | 1 | 3,892 | $1.8B |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Mathworks 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
- Fidelity Retirement Savings Plan $34.2B · 66,907
- Liberty Mutual 401(k) Plan $11.4B · 34,618
- Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
- Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
- State Street Salary Savings Program $6.5B · 12,777
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Mathworks 401(k) Retirement Plan by total assets, not by location.
- Teamhealth 401(k) Plan (TN) $1.8B · 18,772
- Ss&c Technologies, Inc. 401(k) Retirement Savings Plan (CT) $1.8B · 10,947
- Robinson Companies Retirement Plan (MN) $1.8B · 9,197
- Mondelez Global LLC Thrift Plan (IL) $1.8B · 6,043
Frequently Asked Questions
How did The Mathworks 401(k) Retirement Plan assets move in 2024? ▼
How have The Mathworks, Inc. plan assets changed over time? ▼
Where does The Mathworks 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Mathworks 401(k) Retirement Plan? ▼
Next read for The Mathworks 401(k) Retirement Plan
Filing takeaways
Ways to act on The Mathworks 401(k) Retirement Plan's numbers.
- By total assets, The Mathworks 401(k) Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- The Mathworks, Inc.'s sponsor-wide assets have grown 49.1% since 2022 across 3 plan years on file. More Professional & Technical Services plans