Plan Ledger DOL Form 5500 · updated monthly

Davis Enterprises401(k)

DAVIS ENTERPRISES 401(K) PLAN · MARLTON, NJ · plan year 2022

Reported admin expense ratio · 2022
0.80%

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

Davis Enterprises reported $38,874 in plan administrative expenses for 2022: 0.80% of average plan assets, higher than ~75% of peers. Employer contributions averaged $525 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New Jersey (1,993rd of 2,419), and the 1,064th of 2,240 in accommodation & food services. In 2022, employees put in $6.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,733,191
Participants with balances73
Active participants73
Employer contributions$38,358
Employee contributions$239,048
Employer contribution per active participant$525
Average account balance$51,140
Benefits paid to participants$1,585,476
Plan auditUnmodified (clean) audit opinion
AuditorALLOY SILVERSTEIN
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$38,874
Total administrative$38,874
The Davis Enterprises 401(k) match · 2022
Employer contribution per active participant$525
Median for plans this size$1,114

Davis Enterprises's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$38,874 · 0.80%
Same employer
Similar plansAccommodation & Food Services · New Jersey
Qqr, LLC NJ$3.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221761257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.