Plan Ledger DOL Form 5500 · updated monthly

Agru America, Inc.401(k)

AGRU AMERICA, INC. 401(K) PLAN - 001 · GEORGETOWN, SC · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Agru America, Inc. reported $86,358 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,893 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 1 year on file its reported administrative ratio rose from 0.60% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 345th-largest of 807 plans among South Carolina employers on file, and 7,310th of 13,661 in manufacturing. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,252,130
Participants with balances241
Active participants289
Employer contributions$547,131
Employee contributions$1,165,048
Employer contribution per active participant$1,893
Average account balance$59,137
Benefits paid to participants$1,957,328
Plan auditUnmodified (clean) audit opinion
AuditorWEBSTERROGERS, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$14.3M · 241 accts · $547K emplr
2023$12.8M · 209 accts · $518K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,874
Investment management$36,484
Total administrative$86,358
The Agru America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,893
Median for plans this size$2,416
2024$1,893 per active participant
2023$1,889 per active participant

Agru America, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$9,018
EDWARD D JONES & CO · Investment advisory (participants)$33,781
WILSHIRE ASSOCIATES INC · Investment advisory (participants)$2,703

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$86,358 · 0.64%
2023$71,992 · 0.60%
Same employer
Similar plansManufacturing · South Carolina
Leigh Fibers, Inc. SC$14.6M · 0.12%
Precision Valve Corporation SC$14.6M · 0.57%
Bomag Americas, Inc. SC$14.6M · 0.02%
Bwt LLC SC$14.5M · 0.10%
Greenfield Industries, Inc. SC$14.2M · 0.46%
Ventek Solutions LLC SC$13.6M · 0.09%
Gentherm Automotive, LLC SC$13.3M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043017831 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.