Plan Snapshot
- Plan Sponsor: Ag Processing INC
- Sponsor EIN: 420615016
- Sponsor Address: 12700 W DODGE RD, OMAHA, NE, 681032047
- Plan Type: DB
- Plan Number: 020
- Total Participants: 1,181
- Total Assets: $379.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,181 | $379.2M | $12.0M | $0 |
| 2023 | 1,105 | $367.9M | $12.0M | $0 |
| 2022 | 1,113 | $333.0M | $20.1M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUP | Other Service Provider | $333,507 | — | $333,507 |
| MERCER | Other Service Provider | $126,541 | — | $126,541 |
| SPENCER FANE | ERISA Attorney | $10,526 | — | $10,526 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SPENCER FANE — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $470,574
- Estimated Expense Ratio: 0.124% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $760,030 | $334,507 | — | — | — |
| 2023 | $669,229 | $300,216 | — | — | — |
| 2022 | $591,814 | $277,420 | — | — | $94,746 |