Plan Ledger DOL Form 5500 · updated monthly

Acronis, Inc.401(k)

ACRONIS, INC. 401(K) PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.50%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Acronis, Inc. reported $110,920 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,590 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.53% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,191st-largest of 2,726 plans among Massachusetts employers on file, and the 5,079th of 11,654 in professional & technical services. In 2024, employees put in $3.58 for every $1.00 the employer contributed; active participation has shrunk from 310 to 240 since 2022.

Plan summary
Net assets, end of year$22,871,245
Participants with balances310
Active participants240
Employer contributions$621,672
Employee contributions$2,222,830
Employer contribution per active participant$2,590
Average account balance$73,778
Benefits paid to participants$4,472,705
Plan auditUnmodified (clean) audit opinion
AuditorBOIVIN & ASSOCIATES CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 310 accts · $622K emplr
2023$21.2M · 354 accts · $718K emplr
2022$16.3M · 368 accts · $627K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,906
Investment management$48,014
Audit (IQPA)$8,000
Total administrative$110,920
The Acronis, Inc. 401(k) match · 2024
Employer contribution per active participant$2,590
Median for plans this size$2,416
2024$2,590 per active participant
2023$3,164 per active participant
2022$2,023 per active participant

Acronis, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,906
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$48,014
BOIVIN & ASSOCIATES · Accounting / audit$8,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$110,920 · 0.50%
2023$97,042 · 0.52%
2022$87,412 · 0.53%
Same employer
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Officeworks, Inc. MA$23.4M · 0.26%
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Voyager Therapeutics Inc. MA$23.0M · 0.48%
Design Communications, LTD. MA$22.9M · 0.45%
Scholar Rock Inc. MA$22.8M · 0.03%
Rhythm Pharmaceuticals Inc. MA$22.7M · 0.09%
Butcherbox Opco, LLC MA$22.5M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742948842 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.