Plan Ledger DOL Form 5500 · updated monthly

Davis Defense Group, Inc.401(k)

DAVIS DEFENSE GROUP, INC. 401(K) · STAFFORD, VA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Davis Defense Group, Inc. reported $71,737 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,538 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 has held roughly steady near 0.38%. 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 970th-largest of 2,266 plans among Virginia employers on file, and the 5,431st of 11,654 in professional & technical services. In 2024, employees put in $2.67 for every $1.00 the employer contributed; active participation has grown from 226 to 280 since 2022.

Plan summary
Net assets, end of year$20,701,738
Participants with balances247
Active participants280
Employer contributions$710,744
Employee contributions$1,899,457
Employer contribution per active participant$2,538
Average account balance$83,813
Benefits paid to participants$1,356,194
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 247 accts · $711K emplr
2023$16.7M · 215 accts · $631K emplr
2022$13.1M · 200 accts · $585K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,338
Investment management$34,399
Total administrative$71,737
The Davis Defense Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,538
Median for plans this size$2,416
2024$2,538 per active participant
2023$2,870 per active participant
2022$2,590 per active participant

Davis Defense Group, Inc.'s 2024 employer contribution ran above the $2,416 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.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$37,338
JANNEY MONTGOMERY SCOTT LLC · Investment advisory (plan)$34,399

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$71,737 · 0.38%
2023$57,224 · 0.38%
2022$50,931 · 0.37%
Similar plansProfessional & Technical Services · Virginia
Redgrave LLP VA$21.1M · 0.01%
Halvik Corp VA$21.0M · 0.34%
Concept Solutions, LLC VA$20.7M · 0.33%
Liquid Robotics, Inc. VA$20.6M · 0.00%
Hsp Direct, LLC VA$20.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320000601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.