Ag Express Electronics 401(k) match, vesting and fees

Plan year 2024 filingAg Express Electronics, Inc. Safe Harbor 401(k) Profit Sharing Plan · Plan 002 · EIN 42-1377440Updated Oct 2026

What Ag Express Electronics' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $315K in employer contributions, about $1,792 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$47,520
Average account balance
191
Participants (end of year)
$8.4M
Plan assets (end of year)
0.57%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperPrincipal Life Insurance CompanySchedule C ↗
Independent auditorUhy LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 595 defined-contribution plans in agriculture, forestry, fishing and hunting with 100 to 499 participants.

Ag Express Electronics: employer contribution per participant$1,792
Peer median$1,917
Ag Express Electronics: average balance$47,520
Peer median$58,404
Ag Express Electronics: admin expenses ÷ assets0.57%
Peer median0.38%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $7M at the end of plan year 2021 to $8.4M at the end of plan year 2024.

$7M2021$6.9M2022$8.4M2023$8.4M2024
End-of-year figures from each plan year's Form 5500 filing for the Ag Express Electronics plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024191$8.4M$315K$1,7920.57%Not publishedForm 5500 ↗
2023216$8.4M$311K$1,6100.42%Not publishedForm 5500 ↗
2022147$6.9M$522K$3,5480.38%Not publishedForm 5500 ↗
2021106$7M$398K$3,7570.39%Not published5500-SF ↗

Other Ag Express Electronics plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Ag-Express Electronics Employee Stock Ownership Plan and Trust

Plan 001 · EIN 42-1377440 · plan year 2023 filing
$66,572
Average account balance
157
Participants (end of year)
$10.5M
Plan assets (end of year)
0.00%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Plan type and statusRetirement · ActiveForm 5500 ↗

Common questions

Does Ag Express Electronics match 401(k) contributions?

The match terms for the Ag Express Electronics, Inc. Safe Harbor 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $315K in employer contributions, about $1,792 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Ag Express Electronics 401(k) match vested?

The vesting schedule for the Ag Express Electronics, Inc. Safe Harbor 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Ag Express Electronics 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Ag Express Electronics, Inc..

I left Ag Express Electronics. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Ag Express Electronics, Inc., (515) 289-2746) or the recordkeeper, Principal Life Insurance Company. The Ag Express Electronics old 401(k) page lists the contacts from every plan filing. Find an old Ag Express Electronics 401(k)

Data from the public Form 5500 annual reports Ag Express Electronics filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Ag Express Electronics. Not financial advice. Report a correction · Methodology