Plan Ledger DOL Form 5500 · updated monthly

Davis Development, Inc.401(k)

DAVIS DEVELOPMENT, INC. 401(K) PLAN · STOCKBRIDGE, GA · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Davis Development, Inc. reported $124,494 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,147 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 0.46% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 885th-largest of 2,160 plans among Georgia employers on file, and the 684th of 2,096 in real estate & leasing. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,486,339
Participants with balances732
Active participants435
Employer contributions$1,369,006
Employee contributions$2,328,003
Employer contribution per active participant$3,147
Average account balance$26,621
Benefits paid to participants$1,983,180
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 732 accts · $1.4M emplr
2023$15.7M · 663 accts · $1.5M emplr
2022$10.5M · 515 accts · $1.2M emplr
The Davis Development, Inc. 401(k) match · 2024
Employer contribution per active participant$3,147
Median for plans this size$2,416
2024$3,147 per active participant
2023$3,104 per active participant
2022$2,710 per active participant

Davis Development, 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 · 20244
MADISON AVENUE SECURITIES LLC · Investment advisory (plan)$38,100
AMERICAN TRUST COMPANY · Contract administrator$28,856
TRG ADVISORS, INC · Investment advisory (plan)$19,812

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$124,494 · 0.71%
2023$83,348 · 0.64%
2022$45,906 · 0.46%
Same employer
Similar plansReal Estate & Leasing · Georgia
Portman Holdings, LLC GA$23.0M · 0.13%
Hull Property Group, LLC GA$16.9M · 0.02%
Meadows & Ohly, LLC GA$16.0M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621623857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.