Retirement plan

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN

Name: DAVENPORT & COMPANY LLC - DAVENPORT & COMPANY LLC PROFIT SHARING PLAN (2015) Form 5500
Creator: DAVENPORT & COMPANY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVENPORT & COMPANY LLC PROFIT SHARING PLAN, DAVENPORT & COMPANY LLC

DAVENPORT & COMPANY LLCEIN 54-1835842Plan #002PY 2015

P.O. BOX 85678 - RICHMOND, VA 232855678804-780-2000investdavenport.comLinkedIn201-500 employeesfinancial services

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$185M

-12.2% from 2016

Total participants

456

-1.7% from 2016

Average account balance

$405,691

-10.7% from 2016

Annual return

-1.80%

-12.29 pp from 2016

Benchmarks

See 1,335 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,335 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$416.36M

Not enough data

1 years with asset history on file

Average account balance

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

$669K

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.

622

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+14.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 4 by compensation

Provider	Service type	Compensation
ACTUARIAL BENEFITS & DESIGN COMPANY1+ years Filed as: ACTUARIAL BENEFITS & DESIGN CO. Service code 15 · EIN 54-1521351	Recordkeeping	$41,279
ASCENSUS LLC1+ years Filed as: ASCENSUS Service code 38 · EIN 11-3665754	Participant Communication	$30,875
KEITER1+ years Filed as: KEITER,STEPHENS,HURST,GARY & SHREAV Service code 10 · EIN 54-1631262	Accounting	$16,500
ASCENSUS LLC1+ years Filed as: ASCENSUS TRUST COMPANY Service code 21 1126 WESTRAC DRIVE S. · FARGO, ND 58103	Bank Trustee	$35

Plan features & details

Pension benefit codes2E2F2G2J2T3H

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.
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 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

$86K

$209 / participant

Other / not subdivided$86K100.0%

% of EOY assets

0.047%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KEITER
Auditor EIN: 541631262
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$405,691

$68,413+493.0%

$123,105+229.5%

$55,191+635.1%

Participation rate

100.0%

84.5%+15.5pp

86.8%+13.2pp

69.2%+30.8pp

Annual return

-1.80%

6.30%-8.1pp

13.22%-15.0pp

10.78%-12.6pp

Employer contribution / active EE

$13,780

$3,050+351.8%

$5,151+167.5%

$1,899+625.7%

Participant deferral / active EE

$9,437

$4,490+110.2%

$6,229+51.5%

$3,046+209.8%

Admin fee / account holder

$189

$88+115.5%

$9,014-97.9%

$91+108.5%

Provider

Service type

Compensation

ACTUARIAL BENEFITS & DESIGN COMPANY1+ years

Filed as: ACTUARIAL BENEFITS & DESIGN CO.

Service code 15 · EIN 54-1521351

Recordkeeping

$41,279

ASCENSUS LLC1+ years

Filed as: ASCENSUS

Service code 38 · EIN 11-3665754

Participant Communication

$30,875

KEITER1+ years

Filed as: KEITER,STEPHENS,HURST,GARY & SHREAV

Service code 10 · EIN 54-1631262

Accounting

$16,500

ASCENSUS LLC1+ years

Filed as: ASCENSUS TRUST COMPANY

Service code 21

1126 WESTRAC DRIVE S. · FARGO, ND 58103

Bank Trustee

$35

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVENPORT & COMPANY LLC PROFIT SHARING 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