Retirement plan

DAVIS DEFENSE GROUP 401(K) PLAN

Name: DAVIS DEFENSE GROUP, INC. - DAVIS DEFENSE GROUP 401(K) PLAN (2017) Form 5500
Creator: DAVIS DEFENSE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVIS DEFENSE GROUP 401(K) PLAN, DAVIS DEFENSE GROUP, INC.

DAVIS DEFENSE GROUP, INC.EIN 32-0000601Plan #001PY 2017

475 AQUIA TOWNE CENTER DRIVE, SUITE 401 - STAFFORD, VA 22554540-548-5950davisdefense.comLinkedIn501-1000 employeesdefense & space

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$6.8M

+49.3% from 2016

Total participants

209

-2.8% from 2016

Average account balance

$48,941

+40.7% from 2016

Annual return

21.24%

-1.02 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.70M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

247

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.

66.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+16.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$290

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 3 by compensation

Provider	Service type	Compensation
FIRST COMMAND FINANCIAL PLANNING1 year Service code 55 · EIN 75-1054341	Other Commissions	$20,406
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 37 · EIN 04-2647786	Loan Processing	$1,044
NATIONAL FINANCIAL SERVICES2 years Filed as: NATIONAL FINANCIAL SERVICES LLC Service code 61 · EIN 04-3523567	Finders' fees / placement fees	$0

Plan features & details

Pension benefit codes2F2G2J2T3D2E

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1K

$6 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.015%

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: PBMARES, LLP
Auditor EIN: 540737372
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,941

$80,753-39.4%

$136,298-64.1%

$62,293-21.4%

Participation rate

62.6%

73.5%-11.0pp

81.9%-19.4pp

69.5%-6.9pp

Annual return

21.24%

35.83%-14.6pp

5156.27%-5135.0pp

28.90%-7.7pp

Employer contribution / active EE

$2,126

$2,884-26.3%

$4,696-54.7%

$2,042+4.1%

Participant deferral / active EE

$5,474

$5,164+6.0%

$6,247-12.4%

$3,169+72.7%

Admin fee / account holder

$525-98.6%

$9,244-99.9%

$479-98.4%

Provider

Service type

Compensation

FIRST COMMAND FINANCIAL PLANNING1 year

Service code 55 · EIN 75-1054341

Other Commissions

$20,406

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 37 · EIN 04-2647786

Loan Processing

$1,044

NATIONAL FINANCIAL SERVICES2 years

Filed as: NATIONAL FINANCIAL SERVICES LLC

Service code 61 · EIN 04-3523567

Finders' fees / placement fees

DAVIS DEFENSE GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVIS DEFENSE GROUP 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