Retirement plan

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN

Name: DAVENPORT & COMPANY LLC - DAVENPORT & COMPANY LLC PROFIT SHARING PLAN (2017) 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 2017

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

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$250.9M

-12.2% from 2016

Total participants

473

-1.7% from 2016

Average account balance

$530,424

-10.7% from 2016

Annual return

20.09%

-12.29 pp from 2016

Benchmarks

See 1,453 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,453 peers

Snapshot2017

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 2 by compensation

Provider	Service type	Compensation
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 38 · EIN 11-3665754	Participant Communication	$32,080
ACTUARIAL BENEFITS & DESIGN COMPANY3+ years Filed as: ACTUARIAL BENEFITS & DESIGN CO. Service code 15 · EIN 54-1521351	Recordkeeping	$11,864

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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$110K

$252 / participant

Other / not subdivided$110K100.0%

% of EOY assets

0.044%

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

$530,424

$81,537+550.5%

$149,721+254.3%

$69,634+661.7%

Participation rate

100.0%

86.1%+13.9pp

87.1%+12.9pp

70.7%+29.3pp

Annual return

20.09%

22.79%-2.7pp

1501.67%-1481.6pp

27572.26%-27552.2pp

Employer contribution / active EE

$15,684

$3,239+384.2%

$5,444+188.1%

$2,032+671.8%

Participant deferral / active EE

$9,959

$4,994+99.4%

$6,568+51.6%

$3,224+208.9%

Admin fee / account holder

$232

$107+116.7%

$11,282-97.9%

$110+109.7%

Provider

Service type

Compensation

ASCENSUS LLC3+ years

Filed as: ASCENSUS

Service code 38 · EIN 11-3665754

Participant Communication

$32,080

ACTUARIAL BENEFITS & DESIGN COMPANY3+ years

Filed as: ACTUARIAL BENEFITS & DESIGN CO.

Service code 15 · EIN 54-1521351

Recordkeeping

$11,864

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