Plan Ledger DOL Form 5500 · updated monthly

Agdata, L.P.401(k)

AGDATA, L.P. 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Agdata, L.P. reported $40,954 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,548 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 0.25% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 672nd-largest of 2,005 plans among North Carolina employers on file, and the 210th of 945 in agriculture, forestry & fishing. In 2024, employees put in $5.09 for every $1.00 the employer contributed; active participation has grown from 166 to 191 since 2022.

Plan summary
Net assets, end of year$22,987,535
Participants with balances270
Active participants191
Employer contributions$295,593
Employee contributions$1,505,291
Employer contribution per active participant$1,548
Average account balance$85,139
Benefits paid to participants$1,369,966
Plan auditUnmodified (clean) audit opinion
AuditorAAPG, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 270 accts · $296K emplr
2023$19.5M · 263 accts · $260K emplr
2022$16.2M · 257 accts · $239K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,335
Investment management$35,619
Total administrative$40,954
The Agdata, L.P. 401(k) match · 2024
Employer contribution per active participant$1,548
Median for plans this size$2,416
2024$1,548 per active participant
2023$1,421 per active participant
2022$1,439 per active participant

Agdata, L.P.'s 2024 employer contribution ran below the $2,416 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.

Administrative cost history3
2024$40,954 · 0.19%
2023$40,751 · 0.23%
2022$43,609 · 0.25%
Same employer
Similar plansAgriculture, Forestry & Fishing · North Carolina
Case Foods, Inc. NC$46.7M · 0.23%
Z.V. Pate, Inc. NC$31.2M · 0.38%
Duplin Wine Cellars, Inc NC$10.8M · 0.23%
Cahec Management, Inc. NC$9.3M · 0.54%
Baucom's Nursery Company NC$4.7M · 0.25%
Pregel America, Inc. NC$3.3M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204202692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.