Plan Ledger DOL Form 5500 · updated monthly

Davis Tool, Inc.401(k)

DAVIS TOOL, INC. PROFIT SHARING PLAN AND TRUST · HILLSBORO, OR · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Davis Tool, Inc. reported $1,541 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,664 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 0.013%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 493rd-largest of 1,021 plans among Oregon employers on file, and 8,008th of 13,661 in manufacturing. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has shrunk from 134 to 109 since 2022.

Plan summary
Net assets, end of year$12,075,161
Participants with balances184
Active participants109
Employer contributions$290,390
Employee contributions$516,568
Employer contribution per active participant$2,664
Average account balance$65,626
Benefits paid to participants$2,119,599
Plan auditUnmodified (clean) audit opinion
AuditorDAY CPA SERVICES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 184 accts · $290K emplr
2023$12.0M · 174 accts · $275K emplr
2022$10.9M · 191 accts · $283K emplr
The Davis Tool, Inc. 401(k) match · 2024
Employer contribution per active participant$2,664
Median for plans this size$2,416
2024$2,664 per active participant
2023$2,498 per active participant
2022$2,111 per active participant

Davis Tool, 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 · 202410
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$1,541
COLUMBIA FUNDS · Investment managementindirect comp
DWS INVESTMENTS · Investment managementindirect comp
PIMCO FUNDS · Investment managementindirect comp
INVESCO FUNDS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
VICTORY FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
VOYA INVESTMENT MANAGEMENT · Investment managementindirect comp
DIMENSIONAL FUNDS · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,541 · 0.01%
2023$1,824 · 0.02%
2022$1,440 · 0.01%
Same employer
Similar plansManufacturing · Oregon
Agility Robotics, Inc. OR$14.5M · 0.26%
Allied Systems Company OR$14.3M · 0.32%
Rears Mfg. Co., Inc. OR$12.9M · 0.08%
Forrest Paint Co. OR$12.1M · 0.46%
Signature Graphics, Inc. OR$11.7M · 0.00%
Dci International, LLC OR$11.4M · 0.65%
Frank Lumber Co., Inc. OR$11.2M · 0.40%
Asc OR$11.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930774431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.