Retirement plan

M. DAVIS MANAGEMENT CO. INC. 401(K) PLAN

Name: M. DAVIS MANAGEMENT CO. INC. - M. DAVIS MANAGEMENT CO. INC. 401(K) PLAN (2024) Form 5500
Creator: M. DAVIS MANAGEMENT CO. INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, M. DAVIS MANAGEMENT CO. INC. 401(K) PLAN, M. DAVIS MANAGEMENT CO. INC.

M. DAVIS MANAGEMENT CO. INC.EIN 37-1380504Plan #001PY 2024

401 WEST SPRESSER STREET - TAYLORVILLE, IL 62568217-824-4978

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$2.4M

-37.5% from 2023

Total participants

180

-25.0% from 2023

Average account balance

$24,396

-21.1% from 2023

Annual return

8.82%

-11.64 pp from 2023

Benchmarks

See 1,433 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort1,433 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.54M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

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.

43.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$97K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$33169

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

Top 3 by compensation

Provider	Service type	Compensation
EDWARD JONES3 years Service code 27 12555 MANCHESTER RD · ST LOUIS, MO 63131	Advisory (Plan)	$9,931
AMERICAN FUNDS10+ years Filed as: CAPITAL BANK AND TRUST Service code 64 · EIN 95-6817943	Recordkeeping Fees	$3,022
SETH SIEGEL3 years Service code 13 110 ARROWHEAD DRIVE · SLIPPERY ROCK, PA 16057	Contract Administrator	$3,022

Plan features & details

Pension benefit codes2F2J2T3D3H

Plan features

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).
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$6K

$47 / participant

Contract admin$6K100.0%

% of EOY assets

0.235%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: STELMACK DOBRANSKY & EANNACE, LLC
Auditor EIN: 251900686
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,396

$30,385-19.7%

$56,054-56.5%

$74,400-67.2%

Participation rate

33.6%

32.9%+0.7pp

52.5%-18.9pp

67.2%-33.6pp

Annual return

8.82%

24.92%-16.1pp

1705.95%-1697.1pp

1367.51%-1358.7pp

Employer contribution / active EE

$480

$609-21.2%

$1,039-53.8%

$2,624-81.7%

Participant deferral / active EE

$1,145

$1,174-2.5%

$1,952-41.4%

$4,348-73.7%

Admin fee / account holder

$57

$2,361-97.6%

$2,822-98.0%

$1,944-97.1%

Provider

Service type

Compensation

EDWARD JONES3 years

Service code 27

12555 MANCHESTER RD · ST LOUIS, MO 63131

Advisory (Plan)

$9,931

AMERICAN FUNDS10+ years

Filed as: CAPITAL BANK AND TRUST

Service code 64 · EIN 95-6817943

Recordkeeping Fees

$3,022

SETH SIEGEL3 years

Service code 13

110 ARROWHEAD DRIVE · SLIPPERY ROCK, PA 16057

Contract Administrator

$3,022

M. DAVIS MANAGEMENT CO. INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

M. DAVIS MANAGEMENT CO. INC. 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