Backoffice Associates, Llc Dba Syniti 401(k) Plan: Login, Facts & Contact Information

Backoffice Associates, Llc Dba Syniti 401(k) Plan Facts

Plan name
BACKOFFICE ASSOCIATES, LLC DBA SYNITI PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BACKOFFICE ASSOCIATES, LLC DBA SYNITI
Participants
564 (428 active employees)
Former employees with a balance
146
Plan assets
$93,007,474 at Dec 31, 2024
Average account balance
$165,789 across 561 accounts
Employer contributions
$1,837,197 in plan year 2024 (23% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2001
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Feb 9, 2026. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $8.12 million went into the plan in contributions, $1.84 million of it from the employer (23%).
  • $7.70 million was paid out to participants.
  • Investment and other income added $11.8 million.
  • Administrative expenses were $135,994, about $242 per account.

How the Backoffice Associates, Llc Dba Syniti 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019432$47.4 million$0$4.47 million
2020401$56.8 million$-129,642$2.89 million
2021416$69.7 million$2.71 million$2.90 million
2022460$67.7 million$1.93 million$4.30 million
2023594$80.9 million$1.73 million$7.03 million
2024564$93.0 million$1.84 million$7.70 million

Backoffice Associates, Llc Dba Syniti 401(k) Contact Information

Phone
508-430-7100
Mailing address
115 4TH AVENUE, NEEDHAM MA 02494
Plan sponsor
BACKOFFICE ASSOCIATES, LLC DBA SYNITI
Employer identification number (EIN)
26-1544182
Plan number
001

Questions about the Backoffice Associates, Llc Dba Syniti 401(k)

Does Backoffice Associates, Llc Dba Syniti contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.84 million, 23% of all contributions.

Does the Backoffice Associates, Llc Dba Syniti 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Backoffice Associates, Llc Dba Syniti 401(k) plan?

564 participants at the start of plan year 2024, 428 of them active employees, and 146 former employees who still had money in the plan.

What is the average 401(k) balance at Backoffice Associates, Llc Dba Syniti?

About $165,789 per account: $93.0 million in plan assets across 561 accounts with a balance at the end of plan year 2024.

Who manages the Backoffice Associates, Llc Dba Syniti 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Backoffice Associates, Llc Dba Syniti. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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