Plan Ledger DOL Form 5500 · updated monthly

Davis & Floyd, Inc401(k)

DAVIS & FLOYD, INC. PROFIT SHARING PLAN · GREENWOOD, SC · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Davis & Floyd, Inc reported $131,883 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $4,194 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 3 years on file its reported administrative ratio fell from 0.53% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 173rd-largest of 807 plans among South Carolina employers on file, and the 3,933rd of 11,654 in professional & technical services. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has grown from 123 to 154 since 2022.

Plan summary
Net assets, end of year$32,275,547
Participants with balances268
Active participants154
Employer contributions$645,915
Employee contributions$973,381
Employer contribution per active participant$4,194
Average account balance$120,431
Benefits paid to participants$3,474,152
Plan auditUnmodified (clean) audit opinion
AuditorBAUKNIGHT PIETRAS & STORMER, P.A.
Plan history4
Yearassets · accounts · employer contribution
2025$30.6M · 285 accts · $675K emplr
2024$32.3M · 268 accts · $646K emplr
2023$29.6M · 264 accts · $495K emplr
2022$25.3M · 264 accts · $521K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,883
Total administrative$131,883
The Davis & Floyd, Inc 401(k) match · 2024
Employer contribution per active participant$4,194
Median for plans this size$2,416
2025$4,384 per active participant
2024$4,194 per active participant
2023$3,438 per active participant
2022$4,235 per active participant

Davis & Floyd, Inc's 2024 employer contribution ran above the $2,416 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$1,112
BENEFITS ADMINISTRATORS, LLC · Recordkeeping · Loan processingindirect comp
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$1
GREENWOOD CAPITAL ASSOCIATESindirect comp
COUNTY BANK · Trustee (discretionary)indirect comp

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

Recordkeeper by year2
2025Transamerica
2024BENEFITS ADMINISTRATORS, LLC, Transamerica

This plan has changed recordkeepers within these filings. If you left Davis & Floyd, 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 history4
2025$95,441 · 0.30%
2024$131,883 · 0.43%
2023$159,551 · 0.58%
2022$145,870 · 0.53%
Same employer
Similar plansProfessional & Technical Services · South Carolina
Css LLC SC$40.0M · 0.30%
CORE4CE, LLC SC$39.8M · 0.44%
VC3, Inc. SC$33.4M · 0.61%
McMillan Pazdan Smith, LLC SC$32.0M · 0.69%
Orbis Sibro, Inc. SC$31.8M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570346458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.