Plan Ledger DOL Form 5500 · updated monthly

American Peanut Growers Group, LLC401(k)

AMERICAN PEANUT GROWERS GROUP, LLC 401(K) PLAN · DONALSONVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

American Peanut Growers Group, LLC reported $25,144 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,492 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 rose from 0.19% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Georgia (1,542nd of 2,160), and 598th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 194 to 230 since 2022.

Plan summary
Net assets, end of year$5,958,223
Participants with balances214
Active participants230
Employer contributions$343,209
Employee contributions$549,451
Employer contribution per active participant$1,492
Average account balance$27,842
Benefits paid to participants$649,804
Plan auditUnmodified (clean) audit opinion
AuditorNICHOLS, CAULEY & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 214 accts · $343K emplr
2023$5.0M · 141 accts · $296K emplr
2022$3.8M · 141 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,946
Total administrative$25,144
The American Peanut Growers Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,492
Median for plans this size$1,313
2024$1,492 per active participant
2023$1,383 per active participant
2022$1,183 per active participant

American Peanut Growers Group, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,544

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 history3
2024$25,144 · 0.46%
2023$12,356 · 0.28%
2022$6,983 · 0.19%
Same employer
Similar plansAgriculture, Forestry & Fishing · Georgia
Mobley Greenhouse, Inc. GA$10.1M · 0.37%
Weiler Forestry, Inc. GA$9.1M · 0.62%
House of Cheatham, LLC GA$6.2M · 0.39%
McCorkle Nurseries, Inc. GA$6.0M · 0.16%
Kelly Products, Inc. GA$3.4M · 0.75%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 731636191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.