Plan Snapshot
- Plan Sponsor: Agru America, INC.
- Sponsor EIN: 043017831
- Sponsor Address: 500 GARRISON ROAD, GEORGETOWN, SC, 294409688
- Plan Type: 401(k)
- Total Participants: 289
- Total Assets: $14.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 289 | $14.3M | $547,131 | $1.2M |
| 2023 | 274 | $12.8M | $517,614 | $1.1M |
| 2022 | 186 | $11.1M | $142,889 | $239,968 |
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 |
|---|---|---|---|---|
| EDWARD D JONES & CO | REGISTERED IN VESTMENT AD | $33,781 | — | $33,781 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $9,018 | — | $9,018 |
| WEBSTERROGERS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
- WEBSTERROGERS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,799
- Estimated Expense Ratio: 0.300% 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 | $86,358 | $36,484 | $49,874 | — | — |
| 2023 | $71,992 | $29,727 | $42,265 | — | — |
| 2022 | — | — | — | — | — |