Retirement plan

THE DAVIS COMPANIES 401(K) PLAN

Name: DAVIS MANAGEMENT COMPANY, LLC - THE DAVIS COMPANIES 401(K) PLAN (2018) Form 5500
Creator: DAVIS MANAGEMENT COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE DAVIS COMPANIES 401(K) PLAN, DAVIS MANAGEMENT COMPANY, LLC

DAVIS MANAGEMENT COMPANY, LLCEIN 26-2592013Plan #001PY 2018

125 HIGH STREET, 21ST FLOOR - BOSTON, MA 02110617-451-1300

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.9M

+5.7% from 2017

Total participants

125

-3.1% from 2017

Average account balance

$114,825

+8.5% from 2017

Annual return

-0.50%

-18.76 pp from 2017

Benchmarks

See 3,521 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,521 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.36M

Not enough data

1 years with asset history on file

Average account balance

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

$221K

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.

133

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.

86.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+13.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$695

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MORNINGSTAR1 year Service code 27 · EIN 36-3297908	Advisory (Plan)	$2,770

Plan features & details

Pension benefit codes2E2G2J3D2T3H2F

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$6K

$60 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.046%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: EDELSTEIN & COMPANY LLP
Auditor EIN: 042442519
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$114,825

$56,484+103.3%

$169,452-32.2%

$64,173+78.9%

Participation rate

86.7%

64.5%+22.2pp

77.8%+9.0pp

69.6%+17.2pp

Annual return

-0.50%

-1.55%+1.1pp

1.83%-2.3pp

7.63%-8.1pp

Employer contribution / active EE

$9,191

$1,832+401.6%

$4,157+121.1%

$2,381+286.0%

Participant deferral / active EE

$10,388

$3,448+201.3%

$5,277+96.9%

$3,470+199.4%

Admin fee / account holder

$52

$4,174-98.7%

$9,110-99.4%

$4,887-98.9%

Provider

Service type

Compensation

MORNINGSTAR1 year

Service code 27 · EIN 36-3297908

Advisory (Plan)

$2,770

THE DAVIS COMPANIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE DAVIS COMPANIES 401(K) 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