Plan Ledger DOL Form 5500 · updated monthly

Davidson Electric Co, Inc.401(k)

DAVIDSON ELECTRIC, CO INC 401(K) PROFIT SHARING PLAN TRUST · ALVIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Davidson Electric Co, Inc. reported $13,054 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $1,845 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 0.16% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,323rd of 5,688), and 4,253rd of 5,337 in construction. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has shrunk from 70 to 54 since 2022.

Plan summary
Net assets, end of year$3,947,429
Participants with balances73
Active participants54
Employer contributions$99,646
Employee contributions$182,818
Employer contribution per active participant$1,845
Average account balance$54,074
Benefits paid to participants$143,243
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 73 accts · $100K emplr
2023$3.3M · 146 accts · $116K emplr
2022$2.8M · 133 accts · $91K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,040
Investment management$189
Total administrative$13,054
The Davidson Electric Co, Inc. 401(k) match · 2024
Employer contribution per active participant$1,845
Median for plans this size$1,313
2024$1,845 per active participant
2023$1,814 per active participant
2022$1,298 per active participant

Davidson Electric Co, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$13,054 · 0.36%
2023$7,427 · 0.24%
2022$4,821 · 0.16%
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Source: U.S. Department of Labor, Form 5500 series, EIN 741845348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.