Retirement plan

ASSOCIATED GROCERS OF THE SOUTH 401(K) PROFIT SHARING PLAN

Name: ASSOCIATED GROCERS OF THE SOUTH, INC. - ASSOCIATED GROCERS OF THE SOUTH 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: ASSOCIATED GROCERS OF THE SOUTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASSOCIATED GROCERS OF THE SOUTH 401(K) PROFIT SHARING PLAN, ASSOCIATED GROCERS OF THE SOUTH, INC.

ASSOCIATED GROCERS OF THE SOUTH, INC.EIN 63-0011690Plan #001PY 2024

3600 VANDERBILT ROAD - BIRMINGHAM, AL 35217205-808-4840agsouth.comLinkedIn11-50 employeesretail

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.9M

+11.6% from 2023

Total participants

262

-1.9% from 2023

Average account balance

$41,816

+12.0% from 2023

Annual return

12.23%

-3.39 pp from 2023

Benchmarks

See 2,345 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,345 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.91M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

261

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$929K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$182

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 6 by compensation

Provider	Service type	Compensation
ASCENSUS LLC2 years Filed as: ASCENSUS, LLC Service code 15 · EIN 11-3665754	Recordkeeping	$22,916
RESOURCES INVESTMENT ADVISORS LLC1 year Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 11101 SWITZER RD SUITE 200 · OVERLAND PARK, KS 66210	Advisory (Plan)	$15,502
ERISA SERVICES, INC.2 years Filed as: ERISA SERVICES OD GEORGIA Service code 13 P O BOX 24628 · KNOXVILLE, TN 37933	Contract Administrator	$10,479
ONEDIGITAL INVESTMENT ADVISORS LLC2 years Filed as: ONE DIGITAL Service code 27 11101 SWITZER RD STE 200 · OVERLAND PARK, KS 66210	Advisory (Plan)	$5,958
NEXTCAPITAL GROUP, INC.2 years Filed as: NEXTCAPITAL GROUP Service code 27 104 S MICHIGAN AVE STE 1400 · CHICAGO, IL 60603	Advisory (Plan)	$59
ASCENSUS LLC2 years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2J2F2G3D2S2K2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$48K

$244 / participant

Recordkeeping$48K100.0%

% of EOY assets

0.435%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DENT MOSES
Auditor EIN: 630352192
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,816

$88,186-52.6%

$165,071-74.7%

$74,459-43.8%

Participation rate

99.5%

73.1%+26.4pp

78.6%+20.9pp

67.2%+32.3pp

Annual return

12.23%

17.13%-4.9pp

70.17%-57.9pp

1369.70%-1357.5pp

Employer contribution / active EE

$1,655

$2,600-36.3%

$4,347-61.9%

$2,626-37.0%

Participant deferral / active EE

$3,108

$4,505-31.0%

$6,035-48.5%

$4,350-28.5%

Admin fee / account holder

$182

$2,234-91.9%

$12,695-98.6%

$1,945-90.6%

Provider

Service type

Compensation

ASCENSUS LLC2 years

Filed as: ASCENSUS, LLC

Service code 15 · EIN 11-3665754

Recordkeeping

$22,916

RESOURCES INVESTMENT ADVISORS LLC1 year

Filed as: RESOURCES INVESTMENT ADVISORS

Service code 27

11101 SWITZER RD SUITE 200 · OVERLAND PARK, KS 66210

Advisory (Plan)

$15,502

ERISA SERVICES, INC.2 years

Filed as: ERISA SERVICES OD GEORGIA

Service code 13

P O BOX 24628 · KNOXVILLE, TN 37933

Contract Administrator

$10,479

ONEDIGITAL INVESTMENT ADVISORS LLC2 years

Filed as: ONE DIGITAL

Service code 27

11101 SWITZER RD STE 200 · OVERLAND PARK, KS 66210

Advisory (Plan)

$5,958

NEXTCAPITAL GROUP, INC.2 years

Filed as: NEXTCAPITAL GROUP

Service code 27

104 S MICHIGAN AVE STE 1400 · CHICAGO, IL 60603

Advisory (Plan)

$59

ASCENSUS LLC2 years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

ASSOCIATED GROCERS OF THE SOUTH 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASSOCIATED GROCERS OF THE SOUTH 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion