Plan Ledger DOL Form 5500 · updated monthly

Inari Agriculture Inc401(k)

INARI AGRICULTURE INC 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Inari Agriculture Inc reported $55,582 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $5,319 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 2 years on file its reported administrative ratio rose from 0.04% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,337th-largest of 2,726 plans among Massachusetts employers on file, and the 5,668th of 11,654 in professional & technical services. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 221 to 286 since 2022.

Plan summary
Net assets, end of year$19,409,921
Participants with balances334
Active participants286
Employer contributions$1,521,175
Employee contributions$3,125,212
Employer contribution per active participant$5,319
Average account balance$58,114
Benefits paid to participants$895,583
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 334 accts · $1.5M emplr
2023$10.5M · 278 accts · $1.2M emplr
2022$5.3M · 263 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,989
Investment management$27,593
Total administrative$55,582
The Inari Agriculture Inc 401(k) match · 2024
Employer contribution per active participant$5,319
Median for plans this size$2,416
2024$5,319 per active participant
2023$4,478 per active participant

Inari Agriculture Inc's 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,989
MERRILL LYNCH · Investment advisory (participants) · Investment advisory (plan)$26,983

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

Administrative cost history3
2024$55,582 · 0.37%
2023$12,927 · 0.16%
2022$2,040 · 0.04%
Same employer
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Avania, LLC MA$19.5M · 0.08%
Treeline Biosciences, Inc. MA$19.5M · 0.01%
Amryt Pharmaceuticals, Inc. MA$19.5M · 0.35%
Curis, Inc. MA$19.5M · 0.01%
Tessera Therapeutics, Inc MA$19.2M · 0.02%
Vistra USA Inc. MA$19.1M · 0.34%
Gale Associates, Inc. MA$19.1M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811493309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.