Plan Ledger DOL Form 5500 · updated monthly

Agro Holdings401(k)

AGRO HOLDINGS 401(K) PLAN · FT. LAUDERDALE, FL · plan year 2022

Employer contribution per participant · 2022
$2,503

Agro Holdings's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $12,907,218 across 86 participant accounts, with employer contributions averaging $2,503 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,508th-largest of 3,644 plans among Florida employers on file, and 2,578th of 4,246 in wholesale trade. In 2022, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,907,218
Participants with balances86
Active participants108
Employer contributions$270,338
Employee contributions$562,653
Employer contribution per active participant$2,503
Average account balance$150,084
Benefits paid to participants$1,899,898
Plan auditUnmodified (clean) audit opinion
AuditorKAUFMAN ROSSIN & CO.
Administrative expenses, itemized · 2022
Investment management$833
Total administrative-$16,434
The Agro Holdings 401(k) match · 2022
Employer contribution per active participant$2,503
Median for plans this size$2,266

Agro Holdings's 2022 employer contribution ran above the $2,266 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.

Similar plansWholesale Trade · Florida
Champion Brands, Inc. FL$13.1M · 0.36%
Sun Commodities, Inc. FL$12.5M · 0.34%
Pax Technology Inc FL$12.3M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 651064189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.