Vertex Pharmaceuticals 401(k) Plan: Login, Facts & Contact Information

Vertex Pharmaceuticals 401(k) Plan Facts

Plan name
VERTEX PHARMACEUTICALS INCORPORATED 401(K) PLAN
Plan type
401(k) with employer contributions
Plan sponsor
VERTEX PHARMACEUTICALS INCORPORATED
Participants
5,975 (5,091 active employees)
Former employees with a balance
1,643
Plan assets
$1,311,864,359 at Dec 31, 2024
Average account balance
$202,355 across 6,483 accounts
Employer contributions
$40,435,954 in plan year 2024 (27% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 1990
✓ 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $152.0 million went into the plan in contributions, $40.4 million of it from the employer (27%).
  • $85.1 million was paid out to participants.
  • Investment and other income added $151.2 million.
  • Administrative expenses were $57,201, about $9 per account.

How the Vertex Pharmaceuticals 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,138$642.5 million$15.8 million$38.2 million
20203,547$796.8 million$19.4 million$32.6 million
20214,001$925.0 million$21.6 million$56.1 million
20224,347$827.9 million$26.7 million$57.0 million
20235,338$1.08 billion$33.8 million$63.6 million
20245,975$1.31 billion$40.4 million$85.1 million

Vertex Pharmaceuticals 401(k) Contact Information

Phone
617-341-6100
Mailing address
50 NORTHERN AVE, BOSTON MA 02210
Plan sponsor
VERTEX PHARMACEUTICALS INCORPORATED
Employer identification number (EIN)
04-3039129
Plan number
001

Questions about the Vertex Pharmaceuticals 401(k)

Does Vertex Pharmaceuticals contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $40.4 million, 27% of all contributions.

Does the Vertex Pharmaceuticals 401(k) have automatic enrollment?

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

How many people are in the Vertex Pharmaceuticals 401(k) plan?

5,975 participants at the start of plan year 2024, 5,091 of them active employees, and 1,643 former employees who still had money in the plan.

What is the average 401(k) balance at Vertex Pharmaceuticals?

About $202,355 per account: $1.31 billion in plan assets across 6,483 accounts with a balance at the end of plan year 2024.

Who manages the Vertex Pharmaceuticals 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 Vertex Pharmaceuticals. 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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