Plan Ledger DOL Form 5500 · updated monthly

Davis Express Inc.401(k)

DAVIS EXPRESS, INC. 401(K) P/S PLAN · STARKE, FL · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Davis Express Inc. reported $497 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $756 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 transportation & warehousing employers. By assets it is among the smaller plans on file in Florida (2,785th of 3,644), and 1,848th of 2,677 in transportation & warehousing. In 2022, employees put in $2.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,535,355
Participants with balances80
Active participants155
Employer contributions$117,188
Employee contributions$312,279
Employer contribution per active participant$756
Average account balance$44,192
Benefits paid to participants$449,648
Plan auditUnmodified (clean) audit opinion
AuditorJAMES MOORE & CO., P.L.
Administrative expenses, itemized · 2022
Professional / advisory$497
Total administrative$497
The Davis Express Inc. 401(k) match · 2022
Employer contribution per active participant$756
Median for plans this size$1,114

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

Administrative cost history1
2022$497 · 0.01%
Same employer
Similar plansTransportation & Warehousing · Florida
Sun Terminals Inc FL$3.7M · 1.02%
Southeast Unloading, LLC FL$3.7M · 2.38%
Trans-Phos, Inc. FL$3.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592095705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.