Plan Ledger DOL Form 5500 · updated monthly

Agrex Inc.401(k)

AGREX INC. 401(K) PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Agrex Inc. reported $36,443 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $9,179 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 0.31% to 0.18%. 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 285th-largest of 828 plans among Kansas employers on file, and the 1,773rd of 4,246 in wholesale trade. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$21,668,428
Participants with balances141
Active participants106
Employer contributions$972,923
Employee contributions$882,523
Employer contribution per active participant$9,179
Average account balance$153,677
Benefits paid to participants$2,583,233
Plan auditUnmodified (clean) audit opinion
AuditorPICKETT, CHANEY, & MCMULLEN
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 141 accts · $973K emplr
2023$18.7M · 154 accts · $889K emplr
2022$16.1M · 154 accts · $868K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,587
Investment management$23,846
Total administrative$36,443
The Agrex Inc. 401(k) match · 2024
Employer contribution per active participant$9,179
Median for plans this size$2,416
2024$9,179 per active participant
2023$8,160 per active participant
2022$8,186 per active participant

Agrex Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20245
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$16,187
EMPOWER ADVISORY GROUP, LLC · Investment management$7,659

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$36,443 · 0.18%
2023$19,815 · 0.11%
2022$57,841 · 0.31%
Same employer
Similar plansWholesale Trade · Kansas
Mid-State Group Inc. KS$26.2M · 0.43%
Hyspeco, Inc. KS$26.0M
Essense of Australia, Inc. KS$25.4M · 0.14%
John a. Marshall Company KS$23.5M · 0.54%
Dd Traders, Inc. KS$20.0M · 0.34%
Mvp Holdings, LLC KS$19.3M · 0.01%
Mercer-Zimmerman, Inc. KS$19.1M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480803402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.