Plan Ledger DOL Form 5500 · updated monthly

AG Partners Cooperative, Inc.401(k)

UBG 401(K) - AG PARTNERS · SENECA, KS · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

AG Partners Cooperative, Inc. reported $22,565 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $528 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 fell from 0.37% to 0.34%. 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 Kansas (583rd of 828), and 560th of 945 in agriculture, forestry & fishing. In 2024, employees put in $5.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,952,190
Participants with balances161
Active participants191
Employer contributions$100,885
Employee contributions$557,644
Employer contribution per active participant$528
Average account balance$43,181
Benefits paid to participants$752,847
Plan auditUnmodified (clean) audit opinion
AuditorLINDBURG VOGEL PIERCE FARIS, CHTD.
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 161 accts · $101K emplr
2023$6.2M · 171 accts · $110K emplr
2022$5.2M · 187 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,565
Investment management$5,000
Total administrative$22,565
The AG Partners Cooperative, Inc. 401(k) match · 2024
Employer contribution per active participant$528
Median for plans this size$1,313
2024$528 per active participant
2023$549 per active participant
2022$495 per active participant

AG Partners Cooperative, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
UNITED BENEFITS GROUP · Contract administrator$6,690
INTELLICENTS INVESTMENT SOLUTIONS I · Investment advisory (plan)$5,000

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$22,565 · 0.34%
2023$20,241 · 0.35%
2022$22,364 · 0.37%
Same employer
Similar plansAgriculture, Forestry & Fishing · Kansas
Skyland Grain, LLC KS$8.9M · 0.52%
Frontier AG, Inc. KS$7.1M · 0.37%
J-Six Enterprises, L.L.C. KS$6.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480612412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.