Plan Ledger DOL Form 5500 · updated monthly

Davco Electrical Contractors Corporation401(k)

DAVCO ELECTRICAL CONTRACTORS CORP. 401(K) PLAN · BOYNTON BEACH, FL · plan year 2022

Reported admin expense ratio · 2022
1.01%

Davco Electrical Contractors Corporation reported $16,192 in plan administrative expenses for 2022: 1.01% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (3,188th of 3,644), and 4,926th of 5,337 in construction.

Plan summary
Net assets, end of year$1,668,465
Participants with balances37
Active participants91
Employer contributions—
Employee contributions$156,956
Employer contribution per active participant—
Average account balance$45,094
Benefits paid to participants$34,882
Plan auditUnmodified (clean) audit opinion
AuditorKEEFE MCCULLOUGH
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,400
Investment management$5,599
Professional / advisory$193
Total administrative$16,192
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,192 · 1.01%
Similar plansConstruction · Florida
Csci, LLC 401(K) Plan FL$1.9M · 1.06%
Q.G.S. Development, Inc. FL$1.6M · 1.71%
Arqai, LLC FL$1.6M · 0.23%
Colwill Engineering, Inc. FL$1.6M · 1.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592524138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.