Akamai Technologies, Inc. 401(k) Review & Grade
Akamai Technologies, Inc. 401(k) Plan
Cambridge, MAProfessional, Scientific & Technical Services3,807 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,218Employer $ per active participant
$19,521Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$1.4BNet plan assets, end of year
$263,942Average balance per account
Score breakdown
- Employer generosity39.3 / 5079th percentile for employer $ per participant
- Low cost23.0 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving14.5 / 1597th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 92th |
| Employee saving | 97th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($129,789 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Akamai Technologies put in about $5,218 per active participant, more than the typical peer ($2,951). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $19,865,652 |
| Participant (employee) contributions | $74,315,348 |
| Other contributions (incl. rollovers in) | $13,252,274 |
| Administrative expenses paid from the plan | $332,887 |
| Contract administrator fees | $2,700 |
| Investment advisory & management fees | $41,500 |
| Other admin expenses | $232,387 |
| Benefits paid out | $71,755,167 |
| Net assets, start / end of year | $1.2B / $1.4B |
| Active participants, start / end of year | 3,815 / 3,799 |
| Participants with account balances | 5,454 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Towers Watson Investment Services | $140,562 reported compensation |
| Fidelity Investments Institutional | $94,013 reported compensation |
| Cbiz, Inc. | $49,825 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250919104743NAL0002969939001, received 2025-09-19, EIN 04-3432319, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.