Boston Scientific Corporation 401(k) match: 6% max
Boston Scientific Corporation 401(k) Retirement Savings Plan · BSX · CIK 885725
Maximum employer match, as a share of pay
6%
Boston Scientific Corporation matches 200% of the first 2% of pay, then 50% of the next 4% of pay, for a maximum employer match of 6% of pay.
From the Form 11-K filed June 24, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · what the plan reports to the DOL · how it compares · what to do next
What Boston Scientific puts in, and what the plan costs
What Boston Scientific put into the plan, per active participant
$6,603
Boston Scientific Corporation put $6,603 into this plan for each of its 21,923 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Boston Scientific put in more per active participant than 76% of plans with 5,000+ participants in medical devices and other manufacturing. The middle plan in that group of 81 reported $4,432. Medical devices and other manufacturing comes from business code 339110, which Boston Scientific entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much Boston Scientific pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 042695240, plan 001 · DOL EFAST2 ↗
The $6,603 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Boston Scientific Corporation also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,970 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What Boston Scientific puts in
$2,970
a year, at a $49,500 salary.
The match paragraph, word for word
“The Company matches Elective Deferrals at a rate of 200% for the first 2% of the Participant's Eligible Compensation during the Plan year and 50% of the Elective Deferrals thereafter up to a maximum of 6% of the Participant's Eligible Compensation.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 253 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Under current Plan rules, each Participant is fully vested immediately in their contributions and Company contributions.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
69th percentile
$77.65 per participant in plan-paid administrative cost, more expensive than 69% of plans with 5,000+ participants.
What is Boston Scientific's 401(k) match formula?
Boston Scientific's 401(k) employer match tops out at 6% of pay. A tiered formula pays its best rate on the first slice of pay and less on the next, which is how the rate steps down.
| Match formula | 200% of the first 2% of pay |
|---|---|
| then | 50% of the next 4% of pay |
| Maximum employer match | 6% of compensation |
| Other employer contribution | The Board of Directors may approve additional discretionary contributions; no discretionary contributions were made during 2025 |
At a $60,000 salary, contributing 6% ($3,600) earns the full employer match of $3,600 for the year.
What the filing says, word for word
“The Company matches Elective Deferrals at a rate of 200% for the first 2% of the Participant's Eligible Compensation during the Plan year and 50% of the Elective Deferrals thereafter up to a maximum of 6% of the Participant's Eligible Compensation.”
Source: Form 11-K filed June 24, 2026, SEC EDGAR · SEC ↗
What is Boston Scientific's 401(k) vesting schedule?
Boston Scientific vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
Vesting, word for word
“Under current Plan rules, each Participant is fully vested immediately in their contributions and Company contributions.”
Source: Form 11-K filed June 24, 2026, SEC EDGAR · SEC ↗
Who can join Boston Scientific's 401(k), and is enrollment automatic?
Boston Scientific enrolls new hires automatically at 2% of pay, rising 1% a year to 6% of pay.
| Plan entry | All Eligible Employees who have completed an Hour of Service and have attained 18 years of age |
|---|---|
| Automatic enrollment | Yes: default deferral 2% of pay; 30-day opt-out window; auto-escalation +1%/yr to 6%; default investment: Vanguard Target Retirement Trust Select Funds (QDIA) |
Eligibility, word for word
“The Plan is a defined contribution plan covering all Eligible Employees who have completed an Hour of Service and have attained 18 years of age.”
Automatic enrollment, word for word
“is enrolled in the Plan 30 days after the employee satisfies the Plan's eligibility requirements. This feature automatically enrolls each Eligible Employee into the Plan at a default contribution rate of 2% of their Eligible Compensation on a pre-tax basis for the first Plan year. Contributions are allocated to the Qualified Default Investment Alternative (QDIA) fund. Following the first Plan year, the rate of contribution of an Eligible Employee's Compensation under the automatic enrollment increases annually in 1% increments, up to a maximum of 6% in the fifth Plan year”
Source: Form 11-K filed June 24, 2026, SEC EDGAR · SEC ↗
What does the Boston Scientific plan report on Form 5500?
The Boston Scientific plan reported $6.8B in assets and 30,831 participants for plan year 2024.
| Total plan assets | $6,775,289,067 |
|---|---|
| Participants | 30,831 |
| Recordkeeper | Vanguard |
| Plan-paid admin cost per participant | $77.65 |
How that cost compares
This plan pays $77.65 per participant. The median across plans in medical devices and other manufacturing is $125.72, from the 1,386 of 1,455 whose Form 5500 yields a per-participant cost.
The plan reports Vanguard as its recordkeeper, one of 2,337 plans it runs in the data we publish. Of those, the 2,333 with a computable fee have a median plan-paid cost of $97.87 per participant.
How does Boston Scientific's 401(k) match compare?
Boston Scientific Corporation's maximum 401(k) match of 6% of pay compares with a median of 4.5% across the 181 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in medical devices and other manufacturing, two report the same recordkeeper and one vests on the same schedule.
Maximum match 5% of pay. Also in medical devices and other manufacturing.
Maximum match 6% of pay. Also in medical devices and other manufacturing.
Maximum match 5% of pay. Also in medical devices and other manufacturing.
Maximum match 5% of pay. Same recordkeeper, Vanguard.
Maximum match 6% of pay. Same recordkeeper, Vanguard.
Employer match vests immediately. Vests immediately too, like Boston Scientific.
Compare Boston Scientific Corporation with any company, side by side
What can you do next?
Check your own balance and contribution rate at Vanguard ↗, the recordkeeper this plan reports.
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 24, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
- Download this data (CSV)
Formula, vesting and source references for this company, one file.
Questions this filing answers
What is Boston Scientific Corporation's 401(k) match?
Boston Scientific Corporation matches 200% of the first 2% of pay, then 50% of the next 4% of pay, for a maximum employer match of 6% of compensation (plan year ended December 31, 2025).
When does the Boston Scientific Corporation 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does Boston Scientific Corporation's 401(k) plan have automatic enrollment?
Yes: default deferral 2% of pay; 30-day opt-out window; auto-escalation +1%/yr to 6%; default investment: Vanguard Target Retirement Trust Select Funds (QDIA).
Cite: 401(k) Monitor, “Boston Scientific Corporation 401(k) plan facts”, from SEC Form 11-K accession 0000885725-26-000046, plan year ended 2025-12-31.