Ag-Express Electronics Employee Stock Ownership Plan And Trust — Form 5500 plan (Ag-Express Electronics, Inc.)

Plain-English plan 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, Ag-Express Electronics Employee Stock Ownership Plan And Trust is a benefit plan reported by Ag-Express Electronics, Inc. under EIN 42-1377440 and plan number 001. The latest loaded filing year is 2023. The filing reports 154 participants and $14,535,081 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.5MPlan net assets, end of year$10,451,768
Participants154Covered participants reported
Assets / participant$94.4KComputed: assets ÷ participants$94,384 (computed)
Provider compensationNone reported
Plan sponsor
Ag-Express Electronics, Inc.
EIN
42-1377440
Plan number
001
Plan type
2
Location
Des Moines, IA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023154H20241015110457NAL0028147057001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$14.5M total assets
Net assets$10.5MLiabilities$4.1M
Money in vs. money out
Total income / additions-$3M
Total expenses$679.5K
Benefits paid / distributions$583.4K
Contributions
Employer$236.7K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$14,535,081
Total liabilities (EOY)
$4,083,313
Net assets (EOY)
$10,451,768
Net assets (BOY)
$14,170,930

Income & contributions

Employer contributions
$236,668
Total contributions
$236,668
Total income / additions
-$3,039,664

Expenses & distributions

Benefits paid
$583,389
Administrative expenses
$0
Total expenses
$679,498
Net increase / (decrease)
-$3,719,162
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets7%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages