Akebia Therapeutics 401(K) Plan — Form 5500 plan (Akebia Therapeutics, 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, Akebia Therapeutics 401(K) Plan is a benefit plan reported by Akebia Therapeutics, Inc. under EIN 20-8756903 and plan number 001. The latest loaded filing year is 2023. The filing reports 499 participants and $39,344,235 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$39.3MPlan net assets, end of year$39,344,235
Participants499Covered participants reported
Assets / participant$78.8KComputed: assets ÷ participants$78,846 (computed)
Provider compensation$107.2K3 Schedule C provider row(s)$107,173
Plan sponsor
Akebia Therapeutics, Inc.
EIN
20-8756903
Plan number
001
Plan type
2
Location
Cambridge, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023499H, C20240723173033NAL0011782257001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$39.3M total assets
Net assets$39.3MLiabilities$0
Money in vs. money out
Total income / additions$11.5M
Total expenses$8.5M
Benefits paid / distributions$8.3M
Contributions
Employer$1.7M
Participant$3.4M
Full reported line items

Net assets

Total assets (EOY)
$39,344,235
Total liabilities (EOY)
$0
Net assets (EOY)
$39,344,235
Net assets (BOY)
$36,351,223

Income & contributions

Employer contributions
$1,737,460
Participant contributions
$3,403,780
Total contributions
$5,345,007
Total income / additions
$11,486,013

Expenses & distributions

Benefits paid
$8,329,659
Administrative expenses
$155,344
Total expenses
$8,493,001
Net increase / (decrease)
$2,993,012
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 34%Participant 66%
Total expenses ÷ net assets22%Computed ratio
Benefits paid ÷ total income73%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Securities America Advisors IncINVESTMENT ADVISOR$88,775not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$18,398not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$0$02023

Related Form 5500 pages