Plan Ledger DOL Form 5500 · updated monthly

AG Express Electronics, Inc.ESOP

AG-EXPRESS ELECTRONICS EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · DES MOINES, IA · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

AG Express Electronics, Inc. reported $35 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,317 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Iowa (506th of 878), and the 351st of 945 in agriculture, forestry & fishing.

Plan summary
Net assets, end of year$14,170,930
Participants with balances122
Active participants109
Employer contributions$1,015,603
Employee contributions—
Employer contribution per active participant$9,317
Average account balance$116,155
Benefits paid to participants$204,615
Plan history2
Yearassets · accounts · employer contribution
2023$10.5M · 157 accts · $237K emplr
2022$14.2M · 122 accts · $1.0M emplr
Employer contributions to the AG Express Electronics, Inc. plan · 2022
Employer contribution per active participant$9,317
Median for plans this size$2,266
2023$1,667 per active participant
2022$9,317 per active participant

AG Express Electronics, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$35 · 0.00%
All plans at this employer2
AG-EXPRESS ELECTRONICS EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
AG EXPRESS ELECTRONICS, INC. SAFE HARBOR 401(K) PROFIT SHARING PLAN401(k)
Same employer
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Pro Cooperative IA$16.1M · 0.12%
United Farmers Cooperative IA$14.4M · 0.17%
Five Star Cooperative IA$14.0M · 0.15%
Farmers Win Cooperative IA$13.5M · 0.11%
Mid Iowa Coop IA$12.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421377440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.