Other
2023 plan-year Other DOL Form 5500

Ag-Express Electronics Employee Stock Ownership Plan and Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Ag-Express Electronics, Inc. · Iowa · Manufacturing

What the 2023 filing shows

Ag-Express Electronics Employee Stock Ownership Plan and Trust holds $15M for 141 participants — about $103,086 per participant, down 18.4% over the 2023 plan year.

$15M
total plan assets (2023 EOY)
141
covered participants
$103,086
avg assets per participant
-18.4%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$15M
Participants
141
State
Industry
Manufacturing

What the Filing Says About Ag-Express Electronics Employee Stock Ownership Plan and Trust

Ag-Express Electronics Employee Stock Ownership Plan and Trust is a Other retirement plan sponsored by Ag-Express Electronics, Inc., headquartered in Iowa. As of the 2023 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 141 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 421377440, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $18M at the beginning of 2023 to $15M at year-end — a decline of 18.4%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-3,719,162 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$18M
Total Assets (End of Year)$15M
Net Assets (End of Year)$10M
Net Income$-3,719,162
Plan TypeOther
Employer EIN421377440
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ag-Express Electronics, Inc.)

Year Plans Participants Total Assets
2022 2 244 $25M
2023 2 266 $23M
2024 1 171 $8M

Nearby Other Plans in Iowa

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Ag-Express Electronics Employee Stock Ownership Plan and Trust?
As of the 2023 Form 5500 filing, Ag-Express Electronics Employee Stock Ownership Plan and Trust holds $15M in total assets with 141 participants. It is sponsored by Ag-Express Electronics, Inc..
What type of plan is Ag-Express Electronics Employee Stock Ownership Plan and Trust?
Ag-Express Electronics Employee Stock Ownership Plan and Trust is a Other plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 421377440.
Who sponsors the Ag-Express Electronics Employee Stock Ownership Plan and Trust?
Ag-Express Electronics Employee Stock Ownership Plan and Trust is sponsored by Ag-Express Electronics, Inc., located in Iowa. The sponsor's EIN is 421377440 and the plan operates in the Manufacturing industry.
How did Ag-Express Electronics Employee Stock Ownership Plan and Trust perform in 2023?
Ag-Express Electronics Employee Stock Ownership Plan and Trust declined by 18.4% during 2023, moving from $18M to $15M in total assets. Net income was $-3,719,162.
Where can I find official filings for Ag-Express Electronics Employee Stock Ownership Plan and Trust?
Official Form 5500 filings for Ag-Express Electronics Employee Stock Ownership Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 421377440 or plan name at efast.dol.gov.
How does Ag-Express Electronics Employee Stock Ownership Plan and Trust compare to other plans?
You can compare Ag-Express Electronics Employee Stock Ownership Plan and Trust against other Other plans on the plan type page, or view plans in Iowa on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 421377440.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.