Original filing (PDF)20251007074449NAL0002299683001

Fagen, Inc.

Name: Fagen, Inc. — Fagen, Inc. 401(k) Plan, Form 5500 (2024)
Creator: Fagen, Inc.
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Fagen, Inc. 401(k) Plan

401(k) retirement plan · Fagen, Inc.'s Fagen, Inc. 401(k) Plan held $29.4M in plan assets for 625 participants in 2024, with Empower as recordkeeper.

Active participants

625

Accounts w/ balance

410

Plan assets (EOY)

$29.4M

Net assets (EOY)

$29.4M

How this plan invests

This plan

29 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

100

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (10th percentile).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for FAGEN, INC..

Plan sponsor

Name

FAGEN, INC.

EIN

41-1604605all filings

Address

501 W HWY 212 · GRANITE FALLS, MN · 56241

Phone

(320) 564-3324

Industry

Construction

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-07

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3B · Covers self-employed individuals

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

1 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ANNUITY INSURANCE COMPANY O	—	GREENWOOD VILLAGE, CO	RECORDKEEPER	$53K	—

Investments

29 direct securities· $29.4M(100% of reported assets)

Mutual Funds

$22.4M

17 holdings

Other securities

$4.3M

10 holdings

Common Collective Trusts

$2.3M

1 holding

Bonds / Notes

$439K

1 holding

					% of plan
MFS Moderate Allocation R3 Fund Mutual Fund	Mutual Funds	—	—	$5.0M	16.9%
American Funds 2030 Target Date Fund R6 Mutual Fund	Mutual Funds	—	—	$4.8M	16.3%
Fidelity 500 Index Mutual Fund	Common Collective Trusts	—	—	$2.3M	7.9%
American Funds 2050 Target Date Fund R6 Mutual Fund	Mutual Funds	—	—	$2.0M	6.8%
MFS Aggressive Growth Allocation R3 Fund Mutual Fund	Mutual Funds	—	—	$2.0M	6.7%
EI Fixed Account - Series Class I General Account	Other securities	—	—	$1.6M	5.4%
American Funds 2045 Target Date Fund R6 Mutual Fund	Mutual Funds	—	—	$1.4M	4.7%
AB Large Cap Growth ADV Mutual Fund	Other securities	—	—	$1.3M	4.6%
MFS Growth Allocation R3 Fund Mutual Fund	Mutual Funds	—	—	$1.3M	4.5%
Fidelity Small Cap Index Mutual Fund	Mutual Funds	—	—	$1.0M	3.5%
American Funds 2040 Target Date Fund R6 Mutual Fund	Mutual Funds	—	—	$820K	2.8%
American Funds 2035 Target Date Fund R6 Mutual Fund	Mutual Funds	—	—	$818K	2.8%
American Funds 2020 Target Date Fund R6 Mutual Fund	Mutual Funds	—	—	$708K	2.4%
Fidelity Mid Cap Index Mutual Fund	Mutual Funds	—	—	$582K	2.0%
American Funds 2060 Target Date Fund R6 Mutual Fund	Mutual Funds	—	—	$522K	1.8%
American Funds 2055 Target Date Fund R6 Mutual Fund	Mutual Funds	—	—	$454K	1.5%
Participant loans @ 4.25%-9.50%	Bonds / Notes	—	—	$439K	1.5%
MFS Mid Cap Growth Fund R3 Mutual Fund	Mutual Funds	—	—	$360K	1.2%
Empower International Value Instl Mutual Fund	Other securities	—	—	$296K	1.0%
American Funds 2065 Target Date Fund R6 Mutual Fund	Mutual Funds	—	—	$295K	1.0%
Allspring Special Mid Cap Value A Mutual Fund	Other securities	—	—	$242K	0.8%
Cohen & Steers Real Estate Securities A Mutual Fund	Other securities	—	—	$187K	0.6%
MFS Conservative Allocation R3 Fund Mutual Fund	Mutual Funds	—	—	$158K	0.5%
American Funds 2025 Target Date Fund R6 Mutual Fund	Mutual Funds	—	—	$148K	0.5%
BNY Mellon Equity Income I Mutual Fund	Other securities	—	—	$141K	0.5%
Guggenheim Total Return Bond Instl Mutual Fund	Other securities	—	—	$131K	0.4%
American Century Small Cap Growth R6 Mutual Fund	Other securities	—	—	$129K	0.4%
Baird Core Plus Bond Inst Mutual Fund	Other securities	—	—	$126K	0.4%
Principal Government & High Qual BD Inst Mutual Fund	Other securities	—	—	$78K	0.3%