Plan Snapshot
- Plan Sponsor: Agup Equipment Company
- Sponsor EIN: 640470043
- Sponsor Address: 333 N FIRST STREET, FLORA, MS, 39071
- Plan Type: 401(k)
- Total Participants: 276
- Total Assets: $26.1M
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 | 276 | $26.1M | $601,097 | $1.4M |
| 2023 | 283 | $23.2M | $611,994 | $1.5M |
| 2022 | 286 | $20.2M | $573,550 | $1.4M |
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 |
|---|---|---|---|---|
| BANKPLUS WEALTH MANAGEMENT | NONE | $49,558 | — | $49,558 |
| EPIC RETIREMENT PLAN SERVICES | NONE | $35,783 | — | $35,783 |
| HORNE CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — NONE
- HORNE CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,341
- Estimated Expense Ratio: 0.327% 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 | $88,154 | $54,814 | — | — | — |
| 2023 | $85,244 | $42,275 | — | — | — |
| 2022 | $101,409 | — | — | — | — |