DAVIS CONSTRUCTION, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of DAVIS CONSTRUCTION, INC. 401(K) PLAN is $7,853,082.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in DAVIS CONSTRUCTION, INC. 401(K) PLAN is 190

In 2022, the average participant retirement account value for DAVIS CONSTRUCTION, INC. 401(K) PLAN is $41,332

In 2022, the estimated average employee contribution amount per participant for DAVIS CONSTRUCTION, INC. 401(K) PLAN is $1,488

In 2022, the estimated average employer match for an employee in DAVIS CONSTRUCTION, INC. 401(K) PLAN is approximately $3,722

In 2022, DAVIS CONSTRUCTION, INC. 401(K) PLAN allocates $707,348 to match its employees’ contributions, providing an employer match rate of 234.11% of their contributions

In 2022, the total retirement plan asset growth rate of DAVIS CONSTRUCTION, INC. 401(K) PLAN is -23.42%

In 2022, the estimated aggregate retirement account investment gain/loss for DAVIS CONSTRUCTION, INC. 401(K) PLAN is -14.32%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of DAVIS CONSTRUCTION, INC. 401(K) PLAN is 0.31%.

Enrollment Features

DAVIS CONSTRUCTION, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.