Plan Ledger DOL Form 5500 · updated monthly

M. Davis & Sons, Inc.401(k)

M. DAVIS & SONS, INC. 401(K) PLAN · KENNETT SQUARE, PA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

M. Davis & Sons, Inc. reported $144,651 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,425 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 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 795th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,060th of 5,337 in construction. In 2024, employees put in $5.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,696,332
Participants with balances512
Active participants427
Employer contributions$608,451
Employee contributions$3,126,135
Employer contribution per active participant$1,425
Average account balance$97,063
Benefits paid to participants$9,334,423
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.7M · 512 accts · $608K emplr
2023$49.3M · 511 accts · $591K emplr
2022$42.7M · 511 accts · $211K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,651
Total administrative$144,651
The M. Davis & Sons, Inc. 401(k) match · 2024
Employer contribution per active participant$1,425
Median for plans this size$2,416
2024$1,425 per active participant
2023$1,427 per active participant
2022$505 per active participant

M. Davis & Sons, Inc.'s 2024 employer contribution ran below 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$144,651
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)indirect 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$144,651 · 0.29%
2023$132,277 · 0.29%
2022$144,290 · 0.30%
Similar plansConstruction · Pennsylvania
Mascaro Services, Inc. PA$50.7M · 0.18%
S&B USA Construction PA$50.4M · 0.55%
Sila Services, LLC PA$47.6M · 0.35%
Conewago Holdings, Inc. PA$46.3M · 0.24%
Mericle Construction, Inc. PA$46.2M · 0.33%
Remco, Inc. PA$45.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510343859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.