Candela Corporation 401(k) Plan: Login, Facts & Contact Information

Candela Corporation 401(k) Plan Facts

Plan name
CANDELA 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CANDELA CORPORATION
Participants
667 (373 active employees)
Former employees with a balance
265
Plan assets
$67,804,051 at Dec 31, 2024
Average account balance
$107,968 across 628 accounts
Employer contributions
$1,454,326 in plan year 2024 (21% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1986
✓ 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 Sep 19, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.98 million went into the plan in contributions, $1.45 million of it from the employer (21%).
  • $8.39 million was paid out to participants.
  • Investment and other income added $8.66 million.
  • Administrative expenses were $128,041, about $204 per account.

How the Candela Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019570$40.3 million$1.38 million$4.85 million
2020628$45.8 million$641,540$5.29 million
2021589$53.2 million$1.26 million$5.66 million
2022642$47.0 million$1.44 million$3.41 million
2023677$60.7 million$1.53 million$4.59 million
2024667$67.8 million$1.45 million$8.39 million

Candela Corporation 401(k) Contact Information

Phone
774-294-0171
Mailing address
251 LOCKE DRIVE, MARLBOROGH MA 01752
Plan sponsor
CANDELA CORPORATION
Employer identification number (EIN)
04-2477008
Plan number
001

Questions about the Candela Corporation 401(k)

Does Candela Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.45 million, 21% of all contributions.

Does the Candela Corporation 401(k) have automatic enrollment?

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

How many people are in the Candela Corporation 401(k) plan?

667 participants at the start of plan year 2024, 373 of them active employees, and 265 former employees who still had money in the plan.

What is the average 401(k) balance at Candela Corporation?

About $107,968 per account: $67.8 million in plan assets across 628 accounts with a balance at the end of plan year 2024.

Who manages the Candela Corporation 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 Candela Corporation. 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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