Plan Ledger DOL Form 5500 · updated monthly

James G. Davis Construction Corporation401(k) + ESOP (KSOP)

JAMES G. DAVIS CONSTRUCTION CORPORATION PROFIT SHARING, STOCK OWNERSHIP, AND 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

James G. Davis Construction Corporation reported $649,485 in plan administrative expenses for 2024: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $21,446 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 0.20% to 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 86th-largest of 1,671 plans among Maryland employers on file, and the 346th of 5,337 in construction. In 2024, the employer put in $2.61 for every $1.00 employees contributed themselves; active participation has grown from 401 to 506 since 2022.

Plan summary
Net assets, end of year$198,202,345
Participants with balances699
Active participants506
Employer contributions$10,851,779
Employee contributions$4,155,642
Employer contribution per active participant$21,446
Average account balance$283,551
Benefits paid to participants$20,506,949
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$198.2M · 699 accts · $10.9M emplr
2023$187.8M · 598 accts · $8.6M emplr
2022$167.3M · 555 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,457
Investment management$172,891
Audit (IQPA)$17,000
Total administrative$649,485
The James G. Davis Construction Corporation 401(k) match · 2024
Employer contribution per active participant$21,446
Median for plans this size$3,635
2024$21,446 per active participant
2023$19,900 per active participant
2022$8,059 per active participant

James G. Davis Construction Corporation's 2024 employer contribution ran above the $3,635 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 · 20245
SCHNEIDER DOWNS RET. SOLUTIONS · Recordkeeping$66,995
SCHNEIDER DOWNS WEALTH MGMT ADV. · Investment advisory (participants) · Investment advisory (plan)$172,892
LEGACY EQUITY VALUATIONS, INC. · Valuation$68,023
KATZ SAPPER & MILLER, LLP · Accounting / audit$17,000

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

Recordkeeper by year2
2024SCHNEIDER DOWNS RET. SOLUTIONS
2023SCHNEIDER DOWNS RET. SOLUTIONS

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

Administrative cost history3
2024$649,485 · 0.34%
2023$349,603 · 0.20%
2022$345,210 · 0.20%
Same employer
Similar plansConstruction · Maryland
Structural Group Inc. MD$187.7M · 0.17%
The Donohoe Companies, Inc. MD$131.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540799423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.