Retirement plan

JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN

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

JR. DAVIS CONSTRUCTION COMPANY, INC.EIN 59-2571763Plan #001PY 2024

210 HANGAR ROAD - KISSIMMEE, FL 34741407-870-0066jr-davis.comLinkedIn1001-5000 employeesconstruction

Prospect flagsLow participationLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$19.8M

+21.9% from 2023

Total participants

1,010

+1.1% from 2023

Average account balance

$28,285

+20.6% from 2023

Annual return

12.61%

-6.10 pp from 2023

Benchmarks

See 1,563 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,563 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.77M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

65.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19

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
BATES & COMPANY, INC.1 year Filed as: BATES & COMPANY INC Service code 64 · EIN 59-3465757 1201 S ORLANDO AVE STE 202 · WINTER PARK, FL 327897112	Recordkeeping Fees	$7,412
BATES & COMPANY, INC.2 years Filed as: BATES & COMPANY PA Service code 13	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2J2K2T3D3H

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).
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$13K

$15 / participant

Contract admin$13K100.0%

% of EOY assets

0.067%

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: REHMANN ROBSON LLC
Auditor EIN: 383635706
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,285

$82,979-65.9%

$102,412-72.4%

$77,736-63.6%

Participation rate

65.6%

71.5%-5.9pp

74.5%-8.9pp

70.6%-4.9pp

Annual return

12.61%

19.11%-6.5pp

24.94%-12.3pp

31.26%-18.7pp

Employer contribution / active EE

$1,372

$3,554-61.4%

$3,870-64.5%

$2,728-49.7%

Participant deferral / active EE

$2,210

$4,109-46.2%

$5,060-56.3%

$4,651-52.5%

Admin fee / account holder

$19

$639-97.0%

$8,388-99.8%

$433-95.7%

Provider

Service type

Compensation

BATES & COMPANY, INC.1 year

Filed as: BATES & COMPANY INC

Service code 64 · EIN 59-3465757

1201 S ORLANDO AVE STE 202 · WINTER PARK, FL 327897112

Recordkeeping Fees

$7,412

BATES & COMPANY, INC.2 years

Filed as: BATES & COMPANY PA

Service code 13

Contract Administrator

JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JR. DAVIS CONSTRUCTION COMPANY, 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