Plan Ledger DOL Form 5500 · updated monthly

AG Business Group, Inc.401(k)

AG ENTERPRISES 401(K) PLAN · RANCHO CUCAMONGA, CA · plan year 2022

Reported admin expense ratio · 2022
3.40%

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

AG Business Group, Inc. reported $1,356 in plan administrative expenses for 2022: 3.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (9,402nd of 9,483), and 4,785th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$44,978
Participants with balances16
Active participants177
Employer contributions$0
Employee contributions$23,118
Employer contribution per active participant$0
Average account balance$2,811
Benefits paid to participants$6,979
Plan auditDisclaimer of opinion
AuditorAGUIRRE & CO.
Administrative expenses, itemized · 2022
Professional / advisory$1,356
Total administrative$1,356
The AG Business Group, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

AG Business Group, Inc.'s 2022 employer contribution ran below the $331 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,356 · 3.40%
Similar plansFinance & Insurance · California
Greenbox Loans CA$557K · 2.04%
Hcf Insurance Agency CA$386K · 0.75%
Rabobank, N.A. CA$187K · 0.06%
Assurance Software Inc. GA$89K · 0.46%
Healthworks Agency LLC IL$70K · 4.50%
Level One Bank MI$46K · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270758391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.