2023 Form 5500 filing — Ag Business Solutions, LLC 401(K) 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 20240910142345NAL0006998225001) for Ag Business Solutions, LLC 401(K) Plan, reported by Ag Business Solutions LLC under EIN 20-4967307 and plan number 001. It reports 517 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$9.7MReported net assets$9,726,349

Participants517

Provider compensation$18K3 Schedule C row(s)$17,970

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240910142345NAL0006998225001
Plan sponsor: Ag Business Solutions LLC
EIN: 20-4967307
Plan number: 001
Location: Grand Rapids, MI
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$9.7M total assets

Net assets$9.7MLiabilities—

Money in vs. money out

Total income / additions$2.5M

Total expenses$478.7K

Benefits paid / distributions$458.5K

Contributions

Employer$366K

Participant$759.3K

Full reported line items

Total assets (EOY): $9,726,349
Net assets (EOY): $9,726,349
Employer contributions: $365,963
Participant contributions: $759,262
Total income / additions: $2,528,056
Benefits paid: $458,536
Administrative expenses: $20,193
Total expenses: $478,729
Net increase / (decrease): $2,049,327

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Principal Life Insurance Company$10.3K
CONTRACT ADMINISTRATOR · Direct $10.3K · Indirect $0
2
The Wl Burmeister Company$7K
CONTRACT ADMINISTRATOR · Direct $6.7K · Indirect $262
3
Northwestern Mutual Investemnt Serv$620
OTHER SERVICES · Direct $0 · Indirect $620

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240910142345NAL0006998225001 cover?: It is the 2023 Form 5500 filing for Ag Business Solutions, LLC 401(K) Plan, reported by Ag Business Solutions LLC (EIN 20-4967307).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).