Plan Ledger DOL Form 5500 · updated monthly

Davenport & Company LLC401(k)

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Davenport & Company LLC reported $202 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $20,358 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 fell from 0.004% to 0.000%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 89th-largest of 2,266 plans among Virginia employers on file, and the 345th of 4,798 in finance & insurance. In 2024, the employer put in $1.49 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$416,364,923
Participants with balances622
Active participants510
Employer contributions$10,382,349
Employee contributions$6,969,339
Employer contribution per active participant$20,358
Average account balance$669,397
Benefits paid to participants$23,127,128
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$416.4M · 622 accts · $10.4M emplr
2023$369.9M · 593 accts · $9.2M emplr
2022$316.2M · 578 accts · $8.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$202
Total administrative$202
The Davenport & Company LLC 401(k) match · 2024
Employer contribution per active participant$20,358
Median for plans this size$4,294
2024$20,358 per active participant
2023$18,713 per active participant
2022$18,485 per active participant

Davenport & Company LLC's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
ASCENSUS · Participant communicationindirect comp

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

Administrative cost history3
2024$202 · 0.00%
2023$17,374 · 0.01%
2022$14,821 · 0.00%
Same employer
Similar plansFinance & Insurance · Virginia
Navy Federal Credit Union VA$3.2B · 0.04%
Genworth Financial, Inc VA$1.1B · 0.05%
Markel Group Inc. VA$982.2M · 0.03%
Townebank VA$391.6M · 0.10%
Evolent Health LLC VA$289.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541835842 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.