Thermo Fisher Scientific cut the 401(k) match for new participants, effective April 1, 2026
Thermo Fisher Scientific cut the 401(k) match for new participants, effective April 1, 2026. New participants entering the plan on or after April 1, 2026 get a match of 100% of the first 5% of pay; existing participants keep 100% of the first 6%. Match deposits also move from every payroll to twice a year.
| Company | Thermo Fisher Scientific |
|---|---|
| Plan | Thermo Fisher Scientific Inc. 401(k) Retirement Plan |
| Effective date | April 1, 2026 |
| Direction | Cut |
| Source filing | Form 11-K, filed June 23, 2026, accession 0000097745-26-000126 |
Source: Form 11-K filed June 23, 2026, accession 0000097745-26-000126 · SEC ↗
What the filing says, word for word
“The Company’s discretionary matching contribution is equal to 100% of the first 6% (5% for new participants entering the Plan on or after April 1, 2026) of eligible compensation for pre-tax and Roth participant contributions to the Plan. New participants are required to complete one year of service to qualify for the Company matching contribution. The Company’s matching contribution is invested into various investment options, including investment funds and the Company’s common stock, according to the participant's investment elections. Participant contributions and Company matching contributions are deposited into the Plan on a bi-weekly basis or weekly for those employees on a weekly payroll. Effective April 1, 2026, Company matching contributions are deposited into the Plan semi-annually. In addition, participants are generally required to be actively employed on June 30, and December 31, to receive the match; however, participants who separate from the Company due to death, disability, or retirement will receive their match earned as of such date.”
Quoted verbatim from the filing linked above. Spelling and punctuation are the filing’s own.
Where this change comes from
401(k) Monitor reads the employer match, vesting, eligibility and automatic enrollment terms out of each plan’s SEC Form 11-K annual report. A change is recorded only when the filing states it, with the effective date the filing gives.
- Thermo Fisher Scientific 401(k) match, vesting and plan facts
The full record for this employer, including the formula in force now.
- Read the Form 11-K on SEC EDGAR ↗
The filing that discloses this change, accession 0000097745-26-000126.
- All 401(k) match changes we have found
The tracker this record belongs to, newest change first.
Other tracked changes
- Sherwin-Williams reinstated its 401(k) match, effective February 1, 2026
- Cigna changed the rules of its 401(k) match, effective January 1, 2026
- Humana cut its 401(k) match, effective January 1, 2026
- PepsiCo widened 401(k) match eligibility, effective January 1, 2026
- UnitedHealth Group cut its 401(k) match, effective January 1, 2026
401(k) Monitor, “Thermo Fisher Scientific cut the 401(k) match for new participants, effective April 1, 2026”, from SEC Form 11-K accession 0000097745-26-000126 filed June 23, 2026. https://401kmonitor.com/stats/401k-match-changes/thermo-fisher-scientific-2026-04-01/