Plan Ledger DOL Form 5500 · updated monthly

Akamai Technologies, Inc.401(k)

AKAMAI TECHNOLOGIES, INC. 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Akamai Technologies, Inc. reported $332,887 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,229 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 rose from 0.02% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 36th-largest of 2,726 plans among Massachusetts employers on file, and the 123rd of 11,654 in professional & technical services. In 2024, employees put in $3.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,439,539,523
Participants with balances5,454
Active participants3,799
Employer contributions$19,865,652
Employee contributions$74,315,348
Employer contribution per active participant$5,229
Average account balance$263,942
Benefits paid to participants$71,755,167
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 5,454 accts · $19.9M emplr
2023$1.2B · 5,455 accts · $19.7M emplr
2022$926.5M · 5,433 accts · $18.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,000
Investment management$41,500
Total administrative$332,887
The Akamai Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$5,229
Median for plans this size$5,259
2024$5,229 per active participant
2023$5,174 per active participant
2022$4,974 per active participant

Akamai Technologies, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20246
TOWERS WATSON INVESTMENT SERVICES · Consulting$140,562
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$94,013
CBIZ, INC. · Consulting$49,825
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$41,500
ROCATON INVESTMENT ADVISORS LLC · Consulting$21,000
GOLDMAN SACHS ASSET MANAGEMENT · Consulting$21,000

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$332,887 · 0.03%
2023$285,301 · 0.03%
2022$236,238 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
The Mathworks, Inc. MA$1.8B · 0.04%
Cdm Smith Inc. MA$1.7B · 0.06%
Goodwin Procter LLP MA$1.6B · 0.01%
Ropes & Gray LLP MA$1.4B · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043432319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.