Plan Ledger DOL Form 5500 · updated monthly

Davis, Carter, Scott LTD.401(k)

DAVIS, CARTER, SCOTT LTD. 401(K) PS PLAN · TYSONS, VA · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Davis, Carter, Scott LTD. reported $75,540 in plan administrative expenses for 2023: 0.36% of average plan assets, above the peer median. Employer contributions averaged $3,008 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 1 year on file its reported administrative ratio fell from 0.41% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 929th-largest of 2,266 plans among Virginia employers on file, and the 5,541st of 13,661 in manufacturing. In 2023, employees put in $3.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,140,591
Participants with balances92
Active participants61
Employer contributions$183,487
Employee contributions$732,489
Employer contribution per active participant$3,008
Average account balance$240,659
Benefits paid to participants$1,022,724
Plan auditUnmodified (clean) audit opinion
AuditorUHY, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$22.1M · 92 accts · $183K emplr
2022$19.4M · 106 accts · $168K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,915
Investment management$38,625
Total administrative$75,540
The Davis, Carter, Scott LTD. 401(k) match · 2023
Employer contribution per active participant$3,008
Median for plans this size$2,440
2023$3,008 per active participant
2022$2,362 per active participant

Davis, Carter, Scott LTD.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ASCENSUS LLC · Recordkeeping$36,916
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$35,351
NEXTCAPITAL GROUP, INC.$3,274

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

Administrative cost history2
2023$75,540 · 0.36%
2022$75,561 · 0.41%
Similar plansManufacturing · Virginia
Universal Fibers, Inc. VA$24.2M · 0.49%
American Gfm Corporation VA$23.0M · 0.02%
Hanwha Azdel, Inc. VA$21.0M · 0.31%
Optical Cable Corporation VA$20.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541173411 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.