Plan Snapshot
- Plan Sponsor: Agstate
- Sponsor EIN: 420243900
- Sponsor Address: P.O. BOX 38, ALBERT CITY, IA, 50510
- Plan Type: 401(k)
- Total Participants: 200
- Total Assets: $14.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 200 | $14.0M | $0 | $519,068 |
| 2023 | 168 | $13.4M | $0 | $546,253 |
| 2022 | 119 | $12.2M | $0 | $591,383 |
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 |
|---|---|---|---|---|
| UNITED BENEFITS GROUP | Other Service Provider | $13,850 | — | $13,850 |
| INTELLICENTS INVESTMENT SOLUTIONS I | Investment Advisor | $5,000 | — | $5,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,850
- Estimated Expense Ratio: 0.134% 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 | $18,850 | $5,000 | $13,850 | — | — |
| 2023 | $17,826 | $5,000 | $12,826 | — | — |
| 2022 | $30,504 | — | $30,504 | — | — |