Plan Ledger DOL Form 5500 · updated monthly

Akoya Biosciences, Inc401(k)

AKOYA RETIREMENT PLAN · MARLBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Akoya Biosciences, Inc reported $3,570 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,386 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 has held roughly steady near 0.022%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Massachusetts (1,409th of 2,726), and the 276th of 945 in agriculture, forestry & fishing. In 2024, employees put in $5.21 for every $1.00 the employer contributed; active participation has shrunk from 322 to 166 since 2022.

Plan summary
Net assets, end of year$17,974,282
Participants with balances317
Active participants166
Employer contributions$562,115
Employee contributions$2,926,816
Employer contribution per active participant$3,386
Average account balance$56,701
Benefits paid to participants$2,899,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 317 accts · $562K emplr
2023$14.8M · 343 accts · $762K emplr
2022$8.1M · 301 accts · $715K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,570
Total administrative$3,570
The Akoya Biosciences, Inc 401(k) match · 2024
Employer contribution per active participant$3,386
Median for plans this size$2,416
2024$3,386 per active participant
2023$2,752 per active participant
2022$2,219 per active participant

Akoya Biosciences, 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 · 202410
T. ROWE PRICE RPS, INC · Recordkeeping · Trustee$3,570
FIDELITY · Investment managementindirect comp
HARBOR CAPITAL · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
VICTORY FUNDS · Investment managementindirect comp
JOHN HANCOCK FUNDS · Investment managementindirect comp
MET WEST FUNDS · Investment managementindirect comp
EAGLEASSET · Investment managementindirect comp
VANGUARD FUNDS · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,570 · 0.02%
2023$2,426 · 0.02%
2022$1,440 · 0.02%
Same employer
Similar plansAgriculture, Forestry & Fishing · Massachusetts
Wilson Farm, Inc. MA$23.0M · 0.18%
Cavicchio Greenhouses Inc. MA$18.6M · 0.43%
Next Step Healthcare, LLC MA$10.2M · 0.19%
3 Phase Elevator Corp. MA$9.8M · 0.41%
Airslate, Inc. MA$5.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475586242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.