Plan Ledger DOL Form 5500 · updated monthly

Agup Equipment Company401(k)

AGUP EQUIPMENT COMPANY 401(K) PLAN · YAZOO CITY, MS · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Agup Equipment Company reported $88,154 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,178 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 2 years on file its reported administrative ratio fell from 0.46% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 80th-largest of 367 plans among Mississippi employers on file, and the 1,169th of 5,215 in retail trade. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,049,670
Participants with balances353
Active participants276
Employer contributions$601,097
Employee contributions$1,361,382
Employer contribution per active participant$2,178
Average account balance$73,795
Benefits paid to participants$2,669,114
Plan auditUnmodified (clean) audit opinion
AuditorHORNE CPA
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 353 accts · $601K emplr
2023$23.2M · 363 accts · $612K emplr
2022$20.2M · 359 accts · $574K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,340
Investment management$54,814
Total administrative$88,154
The Agup Equipment Company 401(k) match · 2024
Employer contribution per active participant$2,178
Median for plans this size$2,416
2024$2,178 per active participant
2023$2,163 per active participant
2022$2,005 per active participant

Agup Equipment Company'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 · 20242
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$35,783
BANKPLUS WEALTH MANAGEMENT · Investment advisory (plan) · Investment management$49,558

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$88,154 · 0.36%
2023$85,244 · 0.39%
2022$101,409 · 0.46%
Same employer
Similar plansRetail Trade · Mississippi
Bond Pharmacy, Inc. MS$33.1M · 0.66%
Broadway Enterprises, Inc. WI$26.1M · 0.15%
Hi-School Pharmacy, Inc. WA$26.1M · 0.67%
Trigreen Equipment, LLC AL$26.1M · 0.47%
Albert Lee, Inc. WA$26.0M · 0.24%
Plexus Worldwide, LLC AZ$26.0M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640470043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.