Retirement plan

MINNESOTA AG GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: MINNESOTA AG GROUP, INC. - MINNESOTA AG GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2016) Form 5500
Creator: MINNESOTA AG GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MINNESOTA AG GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN, MINNESOTA AG GROUP, INC.

MINNESOTA AG GROUP, INC.EIN 41-1851738Plan #002PY 2016

32907 NORTHFIELD BOULEVARD - NORTHFIELD, MN 55057507-645-2880mnaggroup.comLinkedIn1-10 employeesbusiness supplies and equipment

Other plans on this EIN

1 filing

#001Retirement-$7.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.8M

No prior year

Total participants

No prior year

Average account balance

$22,424

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 1,668 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,668 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$18.78M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$194K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

90.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$851K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-1.16%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$6525

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2P2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,424

$51,708-56.6%

$106,619-79.0%

$62,881-64.3%

Participation rate

93.1%

66.9%+26.2pp

78.0%+15.1pp

69.3%+23.8pp

Annual return

0.00%

4.69%-4.7pp

9.42%-9.4pp

20.14%-20.1pp

Employer contribution / active EE

$4,151

$1,764+135.4%

$3,947+5.2%

$2,281+82.0%

Participant deferral / active EE

$2,315-100.0%

$3,930-100.0%

$3,203-100.0%

Admin fee / account holder

$3,349-100.0%

$6,418-100.0%

$4,296-100.0%

MINNESOTA AG GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MINNESOTA AG GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion