Plan Ledger DOL Form 5500 · updated monthly

Ag-Pro, LLC401(k)

AG-PRO COMPANIES 401(K) PLAN · BOSTON, GA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Ag-Pro, LLC reported $300,306 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $931 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 0.64% to 0.70%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 502nd-largest of 2,160 plans among Georgia employers on file, and the 702nd of 5,215 in retail trade. In 2024, employees put in $2.81 for every $1.00 the employer contributed; active participation has grown from 1,052 to 1,158 since 2022.

Plan summary
Net assets, end of year$45,215,375
Participants with balances870
Active participants1,158
Employer contributions$1,077,820
Employee contributions$3,029,254
Employer contribution per active participant$931
Average account balance$51,972
Benefits paid to participants$4,858,778
Plan auditUnmodified (clean) audit opinion
AuditorLANIGAN & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$45.2M · 870 accts · $1.1M emplr
2023$40.6M · 915 accts · $1.3M emplr
2022$36.4M · 911 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$169,269
Investment management$131,037
Total administrative$300,306
The Ag-Pro, LLC 401(k) match · 2024
Employer contribution per active participant$931
Median for plans this size$2,416
2024$931 per active participant
2023$1,152 per active participant
2022$1,189 per active participant

Ag-Pro, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
JOHN HANCOCK LIFE INSURANCE CO. · Recordkeeping · Investment management$18,509
THOMASVILLE NATIONAL BANK · Investment advisory (participants)$131,037

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$300,306 · 0.70%
2023$269,298 · 0.70%
2022$255,562 · 0.64%
Same employer
Similar plansRetail Trade · Georgia
Rbm of Atlanta, Inc. GA$54.2M · 0.19%
Seaco National Corp. GA$46.2M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 800879222 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.