Plan Ledger DOL Form 5500 · updated monthly

Agfinity, Inc.Profit-sharing plan

CO-OP 401(K) PLAN · LOVELAND, CO · plan year 2023

Reported admin expense ratio · 2023
0.60%

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

Agfinity, Inc. reported $34,585 in plan administrative expenses for 2023: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,204 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 0.66% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Colorado (971st of 1,461), and 584th of 945 in agriculture, forestry & fishing. In 2023, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 137 to 155 since 2022.

Plan summary
Net assets, end of year$6,231,180
Participants with balances224
Active participants155
Employer contributions$186,606
Employee contributions$381,535
Employer contribution per active participant$1,204
Average account balance$27,818
Benefits paid to participants$459,622
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 242 accts · $199K emplr
2023$6.2M · 224 accts · $187K emplr
2022$5.3M · 243 accts · $229K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,682
Total administrative$34,585
Employer contributions to the Agfinity, Inc. plan · 2023
Employer contribution per active participant$1,204
Median for plans this size$1,308
2024$1,328 per active participant
2023$1,204 per active participant
2022$1,669 per active participant

Agfinity, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MILLIMAN, INC. · Recordkeeping · Loan processing$31,043

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$35,350 · 0.57%
2023$34,585 · 0.60%
2022$37,378 · 0.66%
Similar plansAgriculture, Forestry & Fishing · Colorado
Hudick Excavating, Inc. CO$6.4M · 0.74%
Charlotte's Web Inc. CO$5.5M · 0.20%
S & W Seed Company CO$5.5M · 0.12%
Buck Jack LLC CO$5.0M · 0.58%
Conservation Legacy CO$2.8M · 1.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840294550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.