401(k) · DOL Form 5500 · 2024
Backoffice Associates, LLC Dba Syniti 401(k) Plan
Data updated 2026-08-25
- $93M
- Total assets Below avg plan size
- 403
- Participants Below avg headcount
- 90th
- Percentile by assets National rank
- $230,788
- Avg per participant Above avg balance/head
Official DOL plan name: Backoffice Associates, LLC Dba Syniti Profit Sharing Plan · Sponsored by Backoffice Associates, LLC Dba Syniti · Massachusetts · Professional & Technical Services
$93M in assets, 403 participants
Backoffice Associates, LLC Dba Syniti's Backoffice Associates, LLC Dba Syniti Profit Sharing Plan reported $93M in total assets and 403 participants in its 2024 DOL Form 5500 filing, ranking in the 90th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #18,355 in Professional & Technical Services (20,173 peers)
Where Backoffice Associates, LLC Dba Syniti Profit Sharing Plan sits by assets
Backoffice Associates, LLC Dba Syniti Profit Sharing Plan sits in the top 10% of all filed plans by assets, $93M for 403 participants (~$230,788/participant), up 14.9% in 2024.
- #18,355
- in Professional & Technical Services (20,173 peers)
- +14.9%
- assets growth YoY
- 0.9×
- vs typical plan assets (national mean)
Backoffice Associates, LLC Dba Syniti Profit Sharing Plan's outsized position by total assets
Backoffice Associates, LLC Dba Syniti Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$93,007,474 Top 10% higher than 90% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Backoffice Associates, LLC Dba Syniti Profit Sharing Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Backoffice Associates, LLC Dba Syniti Profit Sharing Plan sits mid-pack in the medium band (403 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Backoffice Associates, LLC Dba Syniti Profit Sharing Plan end-of-year assets rose from $81M in the plan year 2023 filing to $93M in the plan year 2024 filing.
- Backoffice Associates, LLC Dba Syniti Profit Sharing Plan reported net income fell from $13M in the plan year 2023 filing to $12M in the plan year 2024 filing.
- Backoffice Associates, LLC Dba Syniti Profit Sharing Plan reported participants fell from 430 in the plan year 2023 filing to 403 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 261544182 · Backoffice Associates, LLC Dba Syniti PY 2024 · 401(k)
Backoffice Associates, LLC Dba Syniti Profit Sharing Plan · $93M · 403 · 90th
- RANK $93M
- RANK 403
- RANK 90th
- RANK 401(k)
- RANK near Campbell Companies 401(k) Profit Sharing Plan and Trust
- RANK ind #18355
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Massachusetts →
Backoffice Associates, LLC Dba Syniti Profit Sharing Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $81M |
|---|---|
| Net Assets (End of Year) | $93M |
| Net Income | $12M |
| Employer EIN | 261544182 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Backoffice Associates, LLC Dba Syniti)
Sponsor-wide plan assets over time
All Backoffice Associates, LLC Dba Syniti plans reported in each filing year
- Latest sponsor-wide plan assets
- $93M 37.40008141999521% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 344 | $68M |
| 2023 | 1 | 430 | $81M |
| 2024 | 1 | 403 | $93M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fidelity Retirement Savings Plan $34.2B · 66,907
- Liberty Mutual 401(k) Plan $11.4B · 34,618
- Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
- Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
- State Street Salary Savings Program $6.5B · 12,777
Backoffice Associates, LLC Dba Syniti Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Massachusetts, the nearest 401(k) by assets is Campbell Companies 401(k) Profit Sharing Plan and Trust in UT ($93M); by covered participants it is Envirovac Holdings, LLC 401(k) Profit Sharing Plan in GA (403 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($93M here).
- Campbell Companies 401(k) Profit Sharing Plan and Trust (UT) $93M · 550
- Digital River, Inc. 401(k) Plan (MN) $93M · 218
- Arizona Iced Tea 401(k) Plan (NY) $93M · 1,323
- William a. Hazel, Inc. 401(k) Incentive and Savings Plan (VA) $93M · 579
Similar participant headcount
Nearest other-state filings by covered participants (403 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.