2023 Form 5500 filing — Akamai Technologies, Inc. 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241010121248NAL0020044161001) for Akamai Technologies, Inc. 401(K) Plan, reported by Akamai Technologies, Inc. under EIN 04-3432319 and plan number 001. It reports 5,520 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010121248NAL0020044161001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Akamai Technologies, Inc.
- EIN
- 04-3432319
- Plan number
- 001
- Location
- Cambridge, MA
- Participants
- 5,520
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,181,436,782
- Total liabilities (EOY)
- $43
- Net assets (EOY)
- $1,181,436,739
- Employer contributions
- $19,737,771
- Participant contributions
- $70,851,314
- Total income / additions
- $311,494,984
- Benefits paid
- $56,198,428
- Administrative expenses
- $285,301
- Total expenses
- $56,514,030
- Net increase / (decrease)
- $254,980,954
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $186,074 | $0 |
| Towers Watson Investment Services | CONSULTANT | $82,125 | not reported in the loaded dataset |
| Rocaton Investment Advisors LLC | CONSULTANT | $66,285 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $26,191 | not reported in the loaded dataset |
| Cbiz Mhm LLC | CONSULTANT | $15,750 | not reported in the loaded dataset |