Plan Ledger DOL Form 5500 · updated monthly

Agri Star Meat & Poultry, LLC401(k)

AGRI STAR MEAT & POULTRY LLC 401(K) RETIREMENT PLAN · POSTVILLE, IA · plan year 2024

Reported admin expense ratio · 2024
2.00%

Agri Star Meat & Poultry, LLC reported $28,235 in plan administrative expenses for 2024: 2.00% of average plan assets, higher than ~90% of peers. 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 1.18% to 2.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Iowa (829th of 878), and 835th of 945 in agriculture, forestry & fishing. active participation has grown from 371 to 552 since 2022.

Plan summary
Net assets, end of year$1,514,939
Participants with balances322
Active participants552
Employer contributions—
Employee contributions$208,517
Employer contribution per active participant—
Average account balance$4,705
Benefits paid to participants$121,714
Plan auditUnmodified (clean) audit opinion
AuditorFASTEN HALBERSTAM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 322 accts
2023$1.3M · 287 accts
2022$1.0M · 267 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,235
Total administrative$28,235
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$28,235
QUINT CAPITAL CORP · Other servicesindirect 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$28,235 · 2.00%
2023$22,950 · 1.95%
2022$13,262 · 1.18%
Same employer
Similar plansAgriculture, Forestry & Fishing · Iowa
Farmers Co-Op Association IA$5.3M · 0.45%
Oak View Farms, L.L.C. IA$4.9M · 0.18%
Farmers Edge Inc. IA$3.5M · 1.20%
Coleman Agriculture, Inc. OR$1.6M · 0.98%
Fondomonte Arizona, LLC AZ$1.6M · 0.97%
Ve Peo, LLC CA$1.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270673649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.