Plan Snapshot
- Plan Sponsor: Davis Development, INC.
- Sponsor EIN: 621623857
- Sponsor Address: 403 CORPORATE CENTER DRIVE, STOCKBRIDGE, GA, 30281
- Plan Type: 401(k)
- Total Participants: 435
- Total Assets: $19.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 435 | $19.5M | $1.4M | $2.3M |
| 2023 | 496 | $15.7M | $1.5M | $2.5M |
| 2022 | 427 | $10.5M | $1.2M | $1.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MADISON AVENUE SECURITIES LLC | INVESTMENT ADVISOR | $38,100 | — | $38,100 |
| AMERICAN TRUST COMPANY | CONTRACT ADMIN | $28,856 | $7,279 | $36,135 |
| TRG ADVISORS, INC | INVESTMENT ADVISOR | $19,812 | — | $19,812 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $10,878 | — | $10,878 |
| FRAZIER & DEETER, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FRAZIER & DEETER, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,925
- Estimated Expense Ratio: 0.538% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $124,494 | — | — | — | — |
| 2023 | $83,348 | — | — | — | — |
| 2022 | $45,906 | — | $45,906 | — | — |