Plan Ledger DOL Form 5500 · updated monthly

Akebia Therapeutics, Inc.401(k)

THE AKEBIA THERAPEUTICS 401(K) PLAN · CAMBRIDGE, MA · plan year 2025

Reported admin expense ratio · 2025
0.48%

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

Akebia Therapeutics, Inc. reported $227,889 in plan administrative expenses for 2025: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,273 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 3 years on file its reported administrative ratio fell from 0.56% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 684th-largest of 2,726 plans among Massachusetts employers on file, and the 1,797th of 11,911 in health care & social assistance. In 2025, employees put in $1.81 for every $1.00 the employer contributed; active participation has shrunk from 235 to 194 since 2022.

Plan summary
Net assets, end of year$52,470,153
Participants with balances392
Active participants194
Employer contributions$1,992,908
Employee contributions$3,607,374
Employer contribution per active participant$10,273
Average account balance$133,852
Benefits paid to participants$6,558,339
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$52.5M · 392 accts · $2.0M emplr
2024$42.8M · 400 accts · $1.7M emplr
2023$39.3M · 417 accts · $1.7M emplr
2022$36.4M · 492 accts · $2.6M emplr
The Akebia Therapeutics, Inc. 401(k) match · 2025
Employer contribution per active participant$10,273
Median for plans this size$2,666
2025$10,273 per active participant
2024$9,529 per active participant
2023$10,792 per active participant
2022$10,930 per active participant

Akebia Therapeutics, Inc.'s 2025 employer contribution ran above the $2,666 median for plans its size, placing it in the top quarter of its peers. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
SECURITIES AMERICA ADVISORS INC · Investment advisory (plan)$73,040
OSAIC WEALTH INC · Investment advisory (plan)$40,589
EMPOWER ADVISORY GROUP, LLC · Investment management$31,145

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

Administrative cost history4
2025$227,889 · 0.48%
2024$205,797 · 0.50%
2023$155,344 · 0.41%
2022$237,229 · 0.56%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Winchester Hospital MA$52.1M · 0.10%
Marlborough Hospital MA$51.9M · 0.07%
Advocates, Inc. MA$51.1M · 0.04%
Fmc Practice Services, LLC MA$49.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208756903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.