Plan Ledger DOL Form 5500 · updated monthly

INNO4 LLC401(k)

INNO4 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

INNO4 LLC reported $38,243 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $997 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 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,170th of 2,726), and 9,115th of 11,654 in professional & technical services. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has grown from 145 to 446 since 2022.

Plan summary
Net assets, end of year$6,753,317
Participants with balances216
Active participants446
Employer contributions$444,823
Employee contributions$485,901
Employer contribution per active participant$997
Average account balance$31,265
Benefits paid to participants$486,930
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 216 accts · $445K emplr
2023$5.6M · 165 accts · $390K emplr
2022$4.3M · 147 accts · $299K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,739
Investment management$20,305
Total administrative$38,243
The INNO4 LLC 401(k) match · 2024
Employer contribution per active participant$997
Median for plans this size$1,313
2024$997 per active participant
2023$2,602 per active participant
2022$2,065 per active participant

INNO4 LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,255
EMPOWER ADVISORY GROUP, LLC · Investment management$3,050

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$38,243 · 0.62%
2023$29,714 · 0.60%
2022$30,406 · 0.65%
Similar plansProfessional & Technical Services · Massachusetts
Cogo Labs MA$7.0M · 0.12%
Thought Industries, Inc. MA$7.0M · 0.04%
Beales LLC MA$6.9M · 0.66%
Gns Healthcare, Inc MA$6.8M · 0.04%
Proletariat, Inc. MA$6.4M · 0.10%
Family Orthodontics Inc MA$6.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273068524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.