Plan Ledger DOL Form 5500 · updated monthly

Ave-Plp, LLC401(k)

AVE-PLP, LLC 401(K) PLAN · PACIFIC JUNCTION, IA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Ave-Plp, LLC reported $573,687 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,916 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 0.65%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 101st-largest of 878 plans among Iowa employers on file, and the 46th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 486 to 990 since 2022.

Plan summary
Net assets, end of year$93,590,325
Participants with balances1,032
Active participants990
Employer contributions$2,887,279
Employee contributions$6,121,337
Employer contribution per active participant$2,916
Average account balance$90,688
Benefits paid to participants$9,929,103
Plan auditUnmodified (clean) audit opinion
AuditorEQUIPMENT DEALER CONSULTING, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$93.6M · 1,032 accts · $2.9M emplr
2023$84.1M · 1,090 accts · $2.7M emplr
2022$31.7M · 114 accts · $925K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$482,078
Investment management$68,629
Audit (IQPA)$21,555
Total administrative$573,687
The Ave-Plp, LLC 401(k) match · 2024
Employer contribution per active participant$2,916
Median for plans this size$3,635
2024$2,916 per active participant
2023$2,580 per active participant
2022$1,903 per active participant

Ave-Plp, LLC's 2024 employer contribution ran below the $3,635 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 · 20244
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$68,629
EQUIPMENT DEALER CONSULTING LLC · Accounting / audit$21,555
QUALIFIED PLAN CONSULTANTS, LLC$1,425

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

Administrative cost history3
2024$573,687 · 0.65%
2023$147,923 · 0.26%
2022$210,707 · 0.63%
All plans at this employer2
AVE-PLP, LLC 401(K) PLAN401(k)
PRAIRIELAND PARTNERS, LLC 401(K) PROFIT SHARING PLAN401(k)
Same employer
Similar plansAgriculture, Forestry & Fishing · Iowa
Wright Service Corp. IA$232.4M · 0.00%
New Cooperative, Inc. IA$113.5M · 0.12%
Landus Cooperative IA$80.4M · 0.27%
Hertz Associates LTD. IA$62.4M · 0.04%
Heartland Co-Op IA$55.0M · 0.13%
AG Leader Technology, Inc. IA$50.1M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 204936311 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.