Plan Ledger DOL Form 5500 · updated monthly

Davis Management Company, LLC401(k)

THE DAVIS COMPANIES 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Davis Management Company, LLC reported $92,501 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $8,367 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 0.329%. 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 1,027th-largest of 2,726 plans among Massachusetts employers on file, and the 467th of 2,096 in real estate & leasing. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has shrunk from 121 to 108 since 2022.

Plan summary
Net assets, end of year$29,355,350
Participants with balances133
Active participants108
Employer contributions$903,650
Employee contributions$1,686,178
Employer contribution per active participant$8,367
Average account balance$220,717
Benefits paid to participants$3,797,756
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 133 accts · $904K emplr
2023$26.8M · 138 accts · $841K emplr
2022$22.0M · 133 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,337
Total administrative$92,501
The Davis Management Company, LLC 401(k) match · 2024
Employer contribution per active participant$8,367
Median for plans this size$2,416
2024$8,367 per active participant
2023$7,247 per active participant
2022$9,990 per active participant

Davis Management Company, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MASSACHUSETTS MUTUAL LIFE INSURANCEindirect comp
THE ANGELL PENSION GROUP, INC. · Other servicesindirect comp

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$92,501 · 0.33%
2023$78,289 · 0.32%
2022$77,141 · 0.33%
Same employer
Similar plansReal Estate & Leasing · Massachusetts
The Dolben Company, Inc. MA$31.3M · 0.25%
Hallkeen Management, Inc. MA$27.2M · 1.18%
The Druker Company, LTD MA$26.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262592013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.