Plan Snapshot
- Plan Sponsor: Acronis, INC.
- Sponsor EIN: 742948842
- Sponsor Address: 1 VAN DE GRAAFF DR., BURLINGTON, MA, 01803
- Plan Type: 401(k)
- Total Participants: 240
- Total Assets: $22.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 240 | $22.9M | $621,672 | $2.2M |
| 2023 | 227 | $21.2M | $718,220 | $2.7M |
| 2022 | 310 | $16.3M | $627,145 | $2.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BOIVIN & ASSOCIATES CPAS, PLLC | Auditor | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOIVIN & ASSOCIATES CPAS, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,000
- Estimated Expense Ratio: 0.035% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $110,920 | $48,014 | — | $8,000 | — |
| 2023 | $97,042 | $43,261 | — | $7,500 | — |
| 2022 | $87,412 | — | — | — | — |