Plan Ledger DOL Form 5500 · updated monthly

Surepoint AG Systems, Inc.401(k)

SUREPOINT AG SYSTEMS, INC. 401(K) PLAN · ATWOOD, KS · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Surepoint AG Systems, Inc. reported $29,598 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $6,850 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 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Kansas (566th of 828), and 528th of 945 in agriculture, forestry & fishing. In 2024, the employer put in $1.89 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,709,469
Participants with balances125
Active participants120
Employer contributions$821,960
Employee contributions$435,891
Employer contribution per active participant$6,850
Average account balance$61,676
Benefits paid to participants$65,820
Administrative expenses, itemized · 2024
Investment management$29,323
Total administrative$29,598
The Surepoint AG Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$6,850
Median for plans this size$1,313

Surepoint AG Systems, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
IFP ADVISORS INC DBA INDEPENDENT FI · Investment advisory (plan)$29,323
CAPITAL GROUP RETIREMENT PLAN SERVI$275

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

Administrative cost history1
2024$29,598 · 0.43%
Similar plansAgriculture, Forestry & Fishing · Kansas
Syracuse Dairy, LLC KS$9.8M · 0.48%
Cobalt Cattle Company LLC KS$9.6M · 0.04%
Skyland Coop, Inc KS$9.2M · 0.54%
Skyland Grain, LLC KS$8.9M · 0.52%
Frontier AG, Inc. KS$7.1M · 0.37%
J-Six Enterprises, L.L.C. KS$6.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260555986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.