Plan Ledger DOL Form 5500 · updated monthly

Davies Claims Solutions, LLC401(k)

DAVIES CLAIMS SOLUTIONS, LLC 401(K) PLAN · NASHVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Davies Claims Solutions, LLC reported $13,279 in plan administrative expenses for 2022: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,647 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 0.13% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Tennessee (907th of 1,496), and 4,162nd of 4,798 in finance & insurance. In 2022, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,121,995
Participants with balances123
Active participants95
Employer contributions$156,421
Employee contributions$400,465
Employer contribution per active participant$1,647
Average account balance$66,032
Benefits paid to participants$2,659,936
Plan auditUnmodified (clean) audit opinion
AuditorSTONE, RUDOLPH AND HENRY, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$543K · 67 accts · $88K emplr
2023$8.0M · 120 accts · $138K emplr
2022$8.1M · 123 accts · $156K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,279
Total administrative$13,279
The Davies Claims Solutions, LLC 401(k) match · 2022
Employer contribution per active participant$1,647
Median for plans this size$2,266
2024$1,184 per active participant
2023$1,563 per active participant
2022$1,647 per active participant

Davies Claims Solutions, LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$10,340 · 0.24%
2023$11,414 · 0.14%
2022$13,279 · 0.13%
Similar plansFinance & Insurance · Tennessee
Simplybank TN$9.6M · 0.24%
Reliance Partners, LLC TN$9.6M · 0.06%
Nephila Advisors, LLC TN$6.0M · 0.01%
Apex Bank TN$5.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431954328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.