JR. Davis Construction Company, Inc. 401(k) Review & Grade
JR. Davis Construction Company, Inc. 401(k) Plan
Kissimmee, FLConstruction887 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,400Employer $ per active participant
$2,255Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$19.8MNet plan assets, end of year
$28,285Average balance per account
Score breakdown
- Employer generosity21.4 / 5043th percentile for employer $ per participant
- Low cost20.2 / 2581th percentile for low admin cost vs. same-size plans
- Employee saving3.8 / 1525th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 81th |
| Employee saving | 25th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
Corrective distributions: the plan refunded $88,574 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- JR. Davis Construction Company put in about $1,400 per active participant, below the typical peer ($1,672). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,242,008 |
| Participant (employee) contributions | $1,999,906 |
| Other contributions (incl. rollovers in) | $102,542 |
| Administrative expenses paid from the plan | $13,172 |
| Contract administrator fees | $13,172 |
| Benefits paid out | $1,741,018 |
| Net assets, start / end of year | $16.2M / $19.8M |
| Active participants, start / end of year | 869 / 905 |
| Participants with account balances | 699 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Rehmann Robson LLC |
Largest service providers (Schedule C)
| Capital Group Retirement Plan Servi | $17,692 reported compensation |
| Bates & Company Inc | $7,412 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250731115431NAL0007013488001, received 2025-07-31, EIN 59-2571763, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.