Retirement plan

DAVIDSON TRANSIT ORGANIZATION 401(K) PLAN

Name: DAVIDSON TRANSIT ORGANIZATION - DAVIDSON TRANSIT ORGANIZATION 401(K) PLAN (2024) Form 5500
Creator: DAVIDSON TRANSIT ORGANIZATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVIDSON TRANSIT ORGANIZATION 401(K) PLAN, DAVIDSON TRANSIT ORGANIZATION

DAVIDSON TRANSIT ORGANIZATIONEIN 62-1516937Plan #101PY 2024

130 NESTOR STREET - NASHVILLE, TN 37210615-862-6129LinkedIn1-10 employeestransportation/trucking/railroad

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3.3M

+19.5% from 2023

Total participants

817

-11.0% from 2023

Average account balance

$21,200

+24.0% from 2023

Annual return

12.95%

-2.13 pp from 2023

Benchmarks

See 680 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort680 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.35M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

158

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.

16.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$476K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$604

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

+12.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$267

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
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$24,564
ADMIN. GROUP, LLC DBA TAG RESOURCES3 years Service code 15 · EIN 42-1484983	Recordkeeping	$17,687

Plan features & details

Pension benefit codes2T2J2F2G3D

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).
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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$42K

$54 / participant

Recordkeeping$42K100.0%

% of EOY assets

1.261%

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: COULTER & JUSTUS
Auditor EIN: 621532536
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,200

$55,402-61.7%

$76,089-72.1%

$77,714-72.7%

Participation rate

16.4%

63.6%-47.2pp

69.1%-52.7pp

70.6%-54.2pp

Annual return

12.95%

17.09%-4.1pp

360.94%-348.0pp

31.26%-18.3pp

Employer contribution / active EE

$1,789-100.0%

$2,690-100.0%

$2,727-100.0%

Participant deferral / active EE

$604

$3,450-82.5%

$4,259-85.8%

$4,649-87.0%

Admin fee / account holder

$267

$410-34.8%

$6,418-95.8%

$433-38.3%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS10+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$24,564

ADMIN. GROUP, LLC DBA TAG RESOURCES3 years

Service code 15 · EIN 42-1484983

Recordkeeping

$17,687

DAVIDSON TRANSIT ORGANIZATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVIDSON TRANSIT ORGANIZATION 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