Retirement plan

D.T. DAVIS ENTERPRISES RETIREMENT/SAVINGS PLAN

Name: D.T. DAVIS ENTERPRISES, LTD. - D.T. DAVIS ENTERPRISES RETIREMENT/SAVINGS PLAN (2024) Form 5500
Creator: D.T. DAVIS ENTERPRISES, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, D.T. DAVIS ENTERPRISES RETIREMENT/SAVINGS PLAN, D.T. DAVIS ENTERPRISES, LTD.

D.T. DAVIS ENTERPRISES, LTD.EIN 23-2897995Plan #001PY 2024

4482 INNOVATION WAY - ALLENTOWN, PA 18109610-443-3429

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.4M

+25.6% from 2023

Total participants

+36.1% from 2023

Average account balance

$134,227

-9.9% from 2023

Annual return

25.07%

+30.35 pp from 2023

Benchmarks

See 14,164 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,164 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$13.05M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$125K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

104

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

115.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.58M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+4.56%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$4558

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E3D2G2J2F2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$13967 / participant

Other / not subdivided$1M100.0%

% of EOY assets

10.283%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$134,227

$86,938+54.4%

$102,423+31.1%

$80,925+65.9%

Participation rate

84.5%

72.4%+12.1pp

76.5%+8.0pp

67.7%+16.9pp

Annual return

25.07%

18.89%+6.2pp

29.42%-4.4pp

35.65%-10.6pp

Employer contribution / active EE

$5,863

$2,369+147.5%

$3,023+93.9%

$2,756+112.7%

Participant deferral / active EE

$8,586

$4,120+108.4%

$5,054+69.9%

$4,299+99.7%

Admin fee / account holder

$13,802

$8,053+71.4%

$9,455+46.0%

$6,940+98.9%

D.T. DAVIS ENTERPRISES RETIREMENT/SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

D.T. DAVIS ENTERPRISES RETIREMENT/SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion