Retirement plan

JAMES G. DAVIS CONSTRUCTION CORPORATION PROFIT SHARING, STOCK OWNERSHIP, AND 401(K) PLAN

Name: JAMES G. DAVIS CONSTRUCTION CORPORATION - JAMES G. DAVIS CONSTRUCTION CORPORATION PROFIT SHARING, STOCK OWNERSHIP, AND 401(K) PLAN (2019) Form 5500
Creator: JAMES G. DAVIS CONSTRUCTION CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAMES G. DAVIS CONSTRUCTION CORPORATION PROFIT SHARING, STOCK OWNERSHIP, AND 401(K) PLAN, JAMES G. DAVIS CONSTRUCTION CORPORATION

JAMES G. DAVIS CONSTRUCTION CORPORATIONEIN 54-0799423Plan #001PY 2019

12530 PARKLAWN DRIVE - ROCKVILLE, MD 20852301-881-2990davisconstruction.comLinkedIn201-500 employeesconstruction

Prospect flagsLow returnsHigh feesHigh assets / participant

Top hat statement on fileNQDC

Filed December 29, 2023 (most recent of 2 filings on file)

Plan administrator

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12530 Parklawn Dr # 100

Rockville, MD 20852

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Plans declared (1)

James G. Davis Construction Corporation Executive Deferred Compensation Plan5 emp

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Total assets (EOY)

$132.8M

+15.7% from 2018

Total participants

535

-5.6% from 2018

Average account balance

$256,881

+25.1% from 2018

Annual return

14.34%

+13.03 pp from 2018

Benchmarks

See 1,258 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,258 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$199.00M

Not enough data

1 years with asset history on file

Average account balance

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

$285K

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.

699

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+8.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$929

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
SCHNEIDER DOWNS & CO., INC.5+ years Filed as: SCHNEIDER DOWNS WEALTH MGMT ADV. Service code 26 · EIN 25-1857157 ONE PPG PLACE, SUITE 1700 · PITTSBURGH, PA 152225416	Advisory (Participants)	$139,284
ADVANTAGE BENEFITS CONSULTANTS INC3 years Filed as: SD ADVANTAGE RET. SOLUTIONS, LP Service code 15 · EIN 47-3764076 ONE PPG PLACE, SUITE 1700 · PITTSBURGH, PA 152225416	Recordkeeping	$91,131
KATZ, SAPPER & MILLER1 year Filed as: KATZ SAPPER & MILLER, LLP Service code 10 · EIN 35-1090346 800 EAST 96TH STREET, SUITE 500 · INDIANAPOLIS, IN 462400857	Accounting	$28,700
MOSS ADAMS LLP5+ years Filed as: MOSS ADAMS, LLP Service code 10 · EIN 91-0189318 999 THIRD AVENUE, SUITE 2800 · SEATTLE, WA 98104	Accounting	$16,432
SCHNEIDER DOWNS & CO., INC.5+ years Service code 10 · EIN 25-1408703 ONE PPG PLACE, SUITE 1700 · PITTSBURGH, PA 152225416	Accounting	$9,764

Plan features & details

Pension benefit codes2E2F2G2J2K2P2Q2T3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$301K

$856 / participant

Investment mgmt$139K46.2%
Other / not subdivided$162K53.8%

% of EOY assets

0.227%

all-in expense ratio

Categories reported

1 / 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: KATZ, SAPPER & MILLER, LLP
Auditor EIN: 351090346
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$256,881

$66,601+285.7%

$92,909+176.5%

$67,579+280.1%

Participation rate

94.9%

72.5%+22.4pp

76.0%+18.9pp

71.3%+23.6pp

Annual return

14.34%

92.58%-78.2pp

109.44%-95.1pp

378.56%-364.2pp

Employer contribution / active EE

$10,621

$2,775+282.7%

$3,653+190.7%

$2,148+394.5%

Participant deferral / active EE

$7,774

$3,157+146.3%

$4,238+83.4%

$3,539+119.6%

Admin fee / account holder

$583

$199+193.1%

$5,795-89.9%

$142+309.7%

Provider

Service type

Compensation

SCHNEIDER DOWNS & CO., INC.5+ years

Filed as: SCHNEIDER DOWNS WEALTH MGMT ADV.

Service code 26 · EIN 25-1857157

ONE PPG PLACE, SUITE 1700 · PITTSBURGH, PA 152225416

Advisory (Participants)

$139,284

ADVANTAGE BENEFITS CONSULTANTS INC3 years

Filed as: SD ADVANTAGE RET. SOLUTIONS, LP

Service code 15 · EIN 47-3764076

ONE PPG PLACE, SUITE 1700 · PITTSBURGH, PA 152225416

Recordkeeping

$91,131

KATZ, SAPPER & MILLER1 year

Filed as: KATZ SAPPER & MILLER, LLP

Service code 10 · EIN 35-1090346

800 EAST 96TH STREET, SUITE 500 · INDIANAPOLIS, IN 462400857

Accounting

$28,700

MOSS ADAMS LLP5+ years

Filed as: MOSS ADAMS, LLP

Service code 10 · EIN 91-0189318

999 THIRD AVENUE, SUITE 2800 · SEATTLE, WA 98104

Accounting

$16,432

SCHNEIDER DOWNS & CO., INC.5+ years

Service code 10 · EIN 25-1408703

ONE PPG PLACE, SUITE 1700 · PITTSBURGH, PA 152225416

Accounting

$9,764

JAMES G. DAVIS CONSTRUCTION CORPORATION PROFIT SHARING, STOCK OWNERSHIP, AND 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAMES G. DAVIS CONSTRUCTION CORPORATION PROFIT SHARING, STOCK OWNERSHIP, AND 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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