Plan Ledger DOL Form 5500 · updated monthly

C. Davis Electric Co., Inc.401(k)

C. DAVIS ELECTRIC CO., INC. 401(K) PROFIT-SHARING PLAN · MIRAMAR, FL · plan year 2024

Reported admin expense ratio · 2024
0.39%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

C. Davis Electric Co., Inc. reported $49,773 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,399 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.34% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,456th-largest of 3,644 plans among Florida employers on file, and the 2,619th of 5,337 in construction. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has grown from 178 to 197 since 2022.

Plan summary
Net assets, end of year$13,680,444
Participants with balances208
Active participants197
Employer contributions$275,667
Employee contributions$703,069
Employer contribution per active participant$1,399
Average account balance$65,771
Benefits paid to participants$1,072,516
Plan auditUnmodified (clean) audit opinion
AuditorGARCIA SANTA MARIA DE ARMAS TRUJILL
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 208 accts · $276K emplr
2023$12.1M · 204 accts · $276K emplr
2022$10.8M · 193 accts · $264K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,773
Total administrative$49,773
The C. Davis Electric Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,399
Median for plans this size$2,416
2024$1,399 per active participant
2023$1,438 per active participant
2022$1,481 per active participant

C. Davis Electric Co., Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NATIONWIDE · Recordkeeping · Investment management$19,615
NORTHWESTERN WISCONSIN ASSOCIATES, · Recordkeeping$16,473
MILESTONE INVESTMENTS, INC. · Investment advisory (participants) · Investment advisory (plan)$33,109

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024NORTHWESTERN WISCONSIN ASSOCIATES,, Nationwide
2023NWA, Nationwide, WIPFLI

This plan has changed recordkeepers within these filings. If you left C. Davis Electric Co., Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$49,773 · 0.39%
2023$47,271 · 0.41%
2022$39,912 · 0.34%
Same employer
Similar plansConstruction · Florida
The Smart Companies. LLC FL$14.3M · 0.64%
Welbro Building Corporation FL$12.9M · 0.23%
Borrell Electric Co., Inc. FL$12.6M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591685202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.