Plan Ledger DOL Form 5500 · updated monthly

Agrisolutions401(k)

AGRISOLUTIONS RETIREMENT PLAN · BETTENDORF, IA · plan year 2022

Reported admin expense ratio · 2022
0.49%

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

Agrisolutions reported $41,587 in plan administrative expenses for 2022: 0.49% of average plan assets, above the peer median. Employer contributions averaged $1,229 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Iowa (633rd of 878), and 9,866th of 13,661 in manufacturing. In 2022, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,583,078
Participants with balances245
Active participants308
Employer contributions$378,585
Employee contributions$818,158
Employer contribution per active participant$1,229
Average account balance$30,951
Benefits paid to participants$1,591,600
Plan auditUnmodified (clean) audit opinion
AuditorBD & COMPANY, INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$22,795
Investment management$18,792
Total administrative$41,587
The Agrisolutions 401(k) match · 2022
Employer contribution per active participant$1,229
Median for plans this size$1,114

Agrisolutions's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$41,587 · 0.49%
Similar plansManufacturing · Iowa
Weems Industries, Inc. IA$8.3M · 0.25%
Kooima Company, LLC IA$7.9M · 0.35%
Interpower Corporation IA$7.7M · 0.28%
Sioux City Foundry Co IA$7.3M · 0.50%
Addoco, Inc. IA$7.2M · 0.53%
Behnke Enterprises, Inc. IA$7.1M · 1.08%
Hahn Ready-Mix Company IA$6.8M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270065359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.