Plan Ledger DOL Form 5500 · updated monthly

Agronomy Sciences, LLC dba Hefty Seed Company401(k)

HEFTY SEED COMPANY 401(K) PLAN AND TRUST · BALTIC, SD · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Agronomy Sciences, LLC dba Hefty Seed Company reported $47,439 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,890 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 3 years on file its reported administrative ratio has held roughly steady near 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 86th-largest of 233 plans among South Dakota employers on file, and the 225th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 155 to 194 since 2022.

Plan summary
Net assets, end of year$21,128,933
Participants with balances203
Active participants194
Employer contributions$1,142,649
Employee contributions$2,043,694
Employer contribution per active participant$5,890
Average account balance$104,083
Benefits paid to participants$505,075
Plan auditUnmodified (clean) audit opinion
AuditorKINNER & COMPANY LTD
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $856K emplr
2024$21.1M · 203 accts · $1.1M emplr
2023$16.2M · 170 accts · $872K emplr
2022$12.4M · 156 accts · $674K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,317
Investment management$46,122
Total administrative$47,439
The Agronomy Sciences, LLC dba Hefty Seed Company 401(k) match · 2024
Employer contribution per active participant$5,890
Median for plans this size$2,416
2024$5,890 per active participant
2023$5,316 per active participant
2022$4,347 per active participant

Agronomy Sciences, LLC dba Hefty Seed Company'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 · 20242
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$1,317
ALTERNATIVE INVESTMENT ADVISORS LLC · Investment advisory (plan)$46,122

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025Transamerica
2024Transamerica
2023Transamerica

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Administrative cost history4
2025Not separately reported
2024$47,439 · 0.25%
2023$35,471 · 0.25%
2022$32,584 · 0.26%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 202149647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.