JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN

At the end of 2021, the total retirement plan assets of JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN is $12,323,150.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN is 832

In 2021, the average participant retirement account value for JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN is $14,811

In 2021, the estimated average employee contribution amount per participant for JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN is $1,627

In 2021, the estimated average employer match for an employee in JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN is approximately $988

In 2021, JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN allocates $822,227 to match its employees’ contributions, providing an employer match rate of 60.74% of their contributions

In 2021, the total retirement plan asset growth rate of JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN is 25.98%

In 2021, the estimated aggregate retirement account investment gain/loss for JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN is 11.95%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of JR. DAVIS CONSTRUCTION COMPANY, INC. 401(K) PLAN is 0.16%.

Enrollment Features

JR. DAVIS CONSTRUCTION COMPANY, 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.