Plan Snapshot
- Plan Sponsor: Akamai Technologies, INC.
- Sponsor EIN: 043432319
- Sponsor Address: 145 BROADWAY, CAMBRIDGE, MA, 02142
- Plan Type: 401(k)
- Total Participants: 3,799
- Total Assets: $1.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 3,799 | $1.4B | $19.9M | $74.3M |
| 2023 | 3,815 | $1.2B | $19.7M | $70.9M |
| 2022 | 3,788 | $926.5M | $18.8M | $64.7M |
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 |
|---|---|---|---|---|
| TOWERS WATSON INVESTMENT SERVICES | Other Service Provider | $140,562 | — | $140,562 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $94,013 | — | $94,013 |
| CBIZ, INC. | Other Service Provider | $49,825 | — | $49,825 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $41,500 | — | $41,500 |
| GOLDMAN SACHS ASSET MANAGEMENT | Investment Advisor | $21,000 | — | $21,000 |
| ROCATON INVESTMENT ADVISORS LLC | Other Service Provider | $21,000 | — | $21,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- GOLDMAN SACHS ASSET MANAGEMENT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $367,900
- Estimated Expense Ratio: 0.026% 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 | $332,887 | $41,500 | $2,700 | — | — |
| 2023 | $285,301 | $26,191 | $3,000 | — | — |
| 2022 | $236,238 | $2,563 | — | — | — |