Plan Ledger DOL Form 5500 · updated monthly

Agwrx401(k)

AGWRX COOPERATIVE 401(K) PLAN · WATERTOWN, SD · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

Agwrx reported $41,514 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. Employer contributions averaged $3,670 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 wholesale trade employers. By assets it is among the smaller plans on file in South Dakota (176th of 233), and 3,475th of 4,246 in wholesale trade. In 2022, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,170,545
Participants with balances88
Active participants70
Employer contributions$256,866
Employee contributions$336,293
Employer contribution per active participant$3,670
Average account balance$70,120
Benefits paid to participants$202,332
Plan auditUnmodified (clean) audit opinion
AuditorCARLSON SV
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,469
Investment management$31,045
Total administrative$41,514
The Agwrx 401(k) match · 2022
Employer contribution per active participant$3,670
Median for plans this size$1,114

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

Administrative cost history1
2022$41,514 · 0.63%
Similar plansWholesale Trade · South Dakota
Sullivan, Inc. SD$7.9M · 0.14%
UNITY4ALL, Inc. SD$7.0M · 0.79%
Wayne Densch, Inc. FL$6.2M · 0.53%
Nathel & Nathel, Inc. NY$6.2M · 0.08%
Mid City Steel Corp. MA$6.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460203385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.