Plan Ledger DOL Form 5500 · updated monthly

Agrimark, Inc.401(k)

AGRIMARK 401(K) PROFIT SHARING PLAN · PINGREE, ID · plan year 2024

Reported admin expense ratio · 2024
1.17%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Agrimark, Inc. reported $101,956 in plan administrative expenses for 2024: 1.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,974 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 1.174%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Idaho (180th of 349), and the 459th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,545,348
Participants with balances111
Active participants115
Employer contributions$342,052
Employee contributions$596,272
Employer contribution per active participant$2,974
Average account balance$85,994
Benefits paid to participants$111,328
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 111 accts · $342K emplr
2023$7.8M · 110 accts · $321K emplr
2022$6.4M · 108 accts · $385K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,100
Investment management$10,856
Total administrative$101,956
The Agrimark, Inc. 401(k) match · 2024
Employer contribution per active participant$2,974
Median for plans this size$1,313
2024$2,974 per active participant
2023$2,766 per active participant
2022$3,234 per active participant

Agrimark, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping$1,290
AMERIBEN SOLUTION · Contract administratorindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$101,956 · 1.17%
2023$82,269 · 1.16%
2022$78,249 · 1.17%
Similar plansAgriculture, Forestry & Fishing · Idaho
Economic Modeling, LLC ID$21.8M · 0.48%
Ritewood Inc ID$17.1M · 0.62%
Idaho Milk Products, Inc ID$14.5M · 0.29%
Eagle Eye Produce ID$9.8M · 0.47%
Standlee Group LLC ID$6.6M · 0.06%
Jentzsch Kearl Farms ID$6.3M · 0.44%
U.S. Dairy Systems, Inc. ID$6.2M · 0.08%
Nonpareil Corporation ID$4.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820473541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.