2023 Form 5500 filing — Ag Express Electronics, Inc. Safe Harbor 401(K) Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014155809NAL0026647617001) for Ag Express Electronics, Inc. Safe Harbor 401(K) Profit Sharing Plan, reported by Ag Express Electronics, Inc. under EIN 42-1377440 and plan number 002. It reports 165 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014155809NAL0026647617001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ag Express Electronics, Inc.
- EIN
- 42-1377440
- Plan number
- 002
- Location
- Des Moines, IA
- Participants
- 165
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,419,126
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,419,126
- Employer contributions
- $310,823
- Participant contributions
- $554,769
- Total income / additions
- $1,879,746
- Benefits paid
- $361,843
- Administrative expenses
- $32,125
- Total expenses
- $393,968
- Net increase / (decrease)
- $1,485,778
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Arete Wealth Advisors, LLC | ADVISORY FEE | $23,233 | not reported in the loaded dataset |