Plan Ledger DOL Form 5500 · updated monthly

Agi Industries, Inc.401(k)

AGI INDUSTRIES 401(K) PROFIT SHARING PLAN · LAFAYETTE, LA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Agi Industries, Inc. reported $49,838 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,323 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 0.26% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 271st-largest of 884 plans among Louisiana employers on file, and the 2,008th of 4,246 in wholesale trade. In 2024, employees put in $5.84 for every $1.00 the employer contributed; active participation has grown from 117 to 139 since 2022.

Plan summary
Net assets, end of year$18,634,717
Participants with balances138
Active participants139
Employer contributions$183,861
Employee contributions$1,073,014
Employer contribution per active participant$1,323
Average account balance$135,034
Benefits paid to participants$1,105,829
Plan auditQualified audit opinion
AuditorDARNALL, SIKES, AND FREDERICK
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 138 accts · $184K emplr
2023$16.2M · 134 accts · $173K emplr
2022$13.5M · 130 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,838
Total administrative$49,838
The Agi Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,323
Median for plans this size$2,416
2024$1,323 per active participant
2023$1,329 per active participant

Agi Industries, Inc.'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.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,838
OSAIC WEALTH, INC. · Investment advisory (plan)indirect comp

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$49,838 · 0.29%
2023$42,926 · 0.29%
2022$38,862 · 0.26%
All plans at this employer2
AGI INDUSTRIES 401(K) PROFIT SHARING PLAN401(k)
AGI INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansWholesale Trade · Louisiana
Orion South, Inc. LA$22.3M · 0.29%
Whitco Supply, LLC LA$21.4M · 0.71%
Solar Supply, LLC LA$19.3M · 0.25%
Goldman Equipment L.L.C. LA$16.3M · 0.56%
Southwest Beverage Co. Inc. LA$15.7M · 0.02%
Lard Oil Co. LA$14.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720654641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.