Agri-power, Inc. 401(k) Plan: Login, Facts & Contact Information

Agri-power, Inc. 401(k) Plan Facts

Plan name
AGRI-POWER, INC. 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
AGRI-POWER, INC.
Participants
650 (532 active employees)
Former employees with a balance
58
Plan assets
$22,240,104 at Dec 31, 2024
Average account balance
$40,958 across 543 accounts
Employer contributions
$300,647 in plan year 2024 (11% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1996
✓ 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 Aug 7, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.83 million went into the plan in contributions, $300,647 of it from the employer (11%).
  • $4.57 million was paid out to participants.
  • Investment and other income added $2.79 million.
  • Administrative expenses were $21,864, about $40 per account.

How the Agri-power, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019331$10.6 million$159,513$412,343
2020431$13.7 million$179,235$615,585
2021498$20.6 million$238,953$777,492
2022620$17.9 million$290,921$1.71 million
2023696$21.2 million$308,304$2.36 million
2024650$22.2 million$300,647$4.57 million

Agri-power, Inc. 401(k) Contact Information

Phone
270-886-3918
Mailing address
PO BOX 538, HOPKINSVILLE KY 422410538
Plan sponsor
AGRI-POWER, INC.
Employer identification number (EIN)
61-1174505
Plan number
001

Questions about the Agri-power, Inc. 401(k)

Does Agri-power, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $300,647, 11% of all contributions.

Does the Agri-power, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Agri-power, Inc 401(k) plan?

650 participants at the start of plan year 2024, 532 of them active employees, and 58 former employees who still had money in the plan.

What is the average 401(k) balance at Agri-power, Inc?

About $40,958 per account: $22.2 million in plan assets across 543 accounts with a balance at the end of plan year 2024.

Who manages the Agri-power, Inc 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 Agri-power, Inc. 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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