Akamai Technologies, Inc. 401(K) Plan — Form 5500 plan (Akamai Technologies, Inc.)

Plain-English plan 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, Akamai Technologies, Inc. 401(K) Plan is a benefit plan reported by Akamai Technologies, Inc. under EIN 04-3432319 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,520 participants and $1,181,436,782 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Akamai Technologies, Inc.
EIN
04-3432319
Plan number
001
Plan type
2
Location
Cambridge, MA
Latest filing year
2023
Participants
5,520
End-of-year plan assets
$1,181,436,782

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,520H, C20241010121248NAL0020044161001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,181,436,782
Total liabilities (EOY)
$43
Net assets (EOY)
$1,181,436,739
Net assets (BOY)
$926,455,785

Income & contributions

Employer contributions
$19,737,771
Participant contributions
$70,851,314
Total contributions
$99,129,689
Total income / additions
$311,494,984

Expenses & distributions

Benefits paid
$56,198,428
Administrative expenses
$285,301
Total expenses
$56,514,030
Net increase / (decrease)
$254,980,954

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$186,074$02023
Towers Watson Investment ServicesCONSULTANT$82,125not reported in the loaded dataset2023
Rocaton Investment Advisors LLCCONSULTANT$66,285not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$26,191not reported in the loaded dataset2023
Cbiz Mhm LLCCONSULTANT$15,750not reported in the loaded dataset2023

Related Form 5500 pages