Plan Snapshot
- Plan Sponsor: M. Davis & Sons, INC.
- Sponsor EIN: 510343859
- Sponsor Address: 227 DAYLESFORD COURT, KENNETT SQUARE, PA, 193481202
- Plan Type: 401(k)
- Total Participants: 427
- Total Assets: $49.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 427 | $49.7M | $608,451 | $3.1M |
| 2023 | 414 | $49.3M | $590,628 | $3.1M |
| 2022 | 418 | $42.7M | $211,008 | $3.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $144,651 | — | $144,651 |
| LPL FINANCIAL LLC - RPCP | INVESTMENT ADVISORY | — | $68,417 | $68,417 |
| BELFINT, LYONS & SHUMAN, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BELFINT, LYONS & SHUMAN, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $213,068
- Estimated Expense Ratio: 0.429% 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 | $144,651 | — | $144,651 | — | — |
| 2023 | $132,277 | — | $132,277 | — | — |
| 2022 | $144,290 | — | $144,290 | — | — |