Avid Technology, Inc. 401(k) Plan: Login, Facts & Contact Information

Avid Technology, Inc. 401(k) Plan Facts

Plan name
AVID TECHNOLOGY, INC. 401(K) PLAN
Plan type
401(k) with employer contributions
Plan sponsor
AVID TECHNOLOGY, INC.
Participants
1,033 (341 active employees)
Former employees with a balance
563
Plan assets
$241,550,341 at Dec 31, 2024
Average account balance
$281,856 across 857 accounts
Employer contributions
$1,426,122 in plan year 2024 (21% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 1991
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.81 million went into the plan in contributions, $1.43 million of it from the employer (21%).
  • $47.4 million was paid out to participants.
  • Investment and other income added $43.2 million.
  • Administrative expenses were $33,608, about $39 per account.

How the Avid Technology, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,209$212.0 million$1.65 million$17.4 million
20201,202$244.2 million$457,243$18.4 million
20211,145$266.2 million$727,546$25.2 million
20221,130$207.1 million$1.89 million$14.2 million
20231,118$239.0 million$1.88 million$25.5 million
20241,033$241.6 million$1.43 million$47.4 million

Avid Technology, Inc. 401(k) Contact Information

Phone
978-640-3029
Mailing address
75 BLUE SKY DRIVE, BURLINGTON MA 01803
Plan sponsor
AVID TECHNOLOGY, INC.
Employer identification number (EIN)
04-2977748
Plan number
001

Questions about the Avid Technology, Inc. 401(k)

Does Avid Technology, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.43 million, 21% of all contributions.

Does the Avid Technology, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Avid Technology, Inc 401(k) plan?

1,033 participants at the start of plan year 2024, 341 of them active employees, and 563 former employees who still had money in the plan.

What is the average 401(k) balance at Avid Technology, Inc?

About $281,856 per account: $241.6 million in plan assets across 857 accounts with a balance at the end of plan year 2024.

Who manages the Avid Technology, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Avid Technology, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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