Davidson Technologies, Inc. 401(K) Plan — Form 5500 plan (Davidson Technologies, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Davidson Technologies, Inc. 401(K) Plan is a benefit plan reported by Davidson Technologies, Inc. under EIN 63-1160545 and plan number 001. The latest loaded filing year is 2023. The filing reports 435 participants and $60,302,591 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Davidson Technologies, Inc.
EIN
63-1160545
Plan number
001
Plan type
2
Location
Huntsville, AL
Latest filing year
2023
Participants
435
End-of-year plan assets
$60,302,591

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023435H, C20241010154106NAL0020452049001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$60,302,591
Total liabilities (EOY)
$0
Net assets (EOY)
$60,302,591
Net assets (BOY)
$52,129,292

Income & contributions

Employer contributions
$3,477,508
Participant contributions
$3,062,021
Total contributions
$7,128,953
Total income / additions
$15,681,097

Expenses & distributions

Benefits paid
$7,321,826
Administrative expenses
$184,883
Total expenses
$7,507,798
Net increase / (decrease)
$8,173,299

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$184,883$02023
Raymond James & Associates, Inc.INVESTMENT ADVISORY$0$114,2152023

Related Form 5500 pages