AG BUSINESS SOLUTIONS, LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of AG BUSINESS SOLUTIONS, LLC 401(K) PLAN is $7,677,022.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in AG BUSINESS SOLUTIONS, LLC 401(K) PLAN is 443

In 2022, the average participant retirement account value for AG BUSINESS SOLUTIONS, LLC 401(K) PLAN is $17,329

In 2022, the estimated average employee contribution amount per participant for AG BUSINESS SOLUTIONS, LLC 401(K) PLAN is $1,807

In 2022, the estimated average employer match for an employee in AG BUSINESS SOLUTIONS, LLC 401(K) PLAN is approximately $755

In 2022, AG BUSINESS SOLUTIONS, LLC 401(K) PLAN allocates $334,615 to match its employees’ contributions, providing an employer match rate of 45.89% of their contributions

In 2022, the total retirement plan asset growth rate of AG BUSINESS SOLUTIONS, LLC 401(K) PLAN is -9.70%

In 2022, the estimated aggregate retirement account investment gain/loss for AG BUSINESS SOLUTIONS, LLC 401(K) PLAN is -17.60%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AG BUSINESS SOLUTIONS, LLC 401(K) PLAN is 0.03%.

Enrollment Features

AG BUSINESS SOLUTIONS, LLC 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.