Ag Business Solutions Llc 401(k) Plan: Login, Facts & Contact Information

Ag Business Solutions Llc 401(k) Plan Facts

Plan name
AG BUSINESS SOLUTIONS, LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
AG BUSINESS SOLUTIONS LLC
Participants
529 (529 active employees)
Former employees with a balance
22
Plan assets
$11,519,368 at Dec 31, 2024
Average account balance
$78,900 across 146 accounts
Employer contributions
$376,479 in plan year 2024 (30% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1997
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 26, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.27 million went into the plan in contributions, $376,479 of it from the employer (30%).
  • $729,601 was paid out to participants.
  • Investment and other income added $1.31 million.
  • Administrative expenses were $50,915, about $349 per account.

How the Ag Business Solutions Llc 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019360$5.24 million$175,873$513,036
2020393$6.81 million$212,345$80,897
2021364$8.50 million$234,969$330,934
2022443$7.68 million$334,615$525,500
2023517$9.73 million$365,963$458,536
2024529$11.5 million$376,479$729,601

Ag Business Solutions Llc 401(k) Contact Information

Phone
616-384-4610
Mailing address
588 3 MILE ROAD NW, STE 101, GRAND RAPIDS MI 49544
Plan sponsor
AG BUSINESS SOLUTIONS LLC
Employer identification number (EIN)
20-4967307
Plan number
001

Questions about the Ag Business Solutions Llc 401(k)

Does Ag Business Solutions Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $376,479, 30% of all contributions.

Does the Ag Business Solutions Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Ag Business Solutions Llc 401(k) plan?

529 participants at the start of plan year 2024, 529 of them active employees, and 22 former employees who still had money in the plan.

What is the average 401(k) balance at Ag Business Solutions Llc?

About $78,900 per account: $11.5 million in plan assets across 146 accounts with a balance at the end of plan year 2024.

Who manages the Ag Business Solutions Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Ag Business Solutions Llc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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