Davidson Electric, Co Inc 401(K) Profit Sharing Plan Trust — Form 5500 plan (Davidson Electric Co, 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 Electric, Co Inc 401(K) Profit Sharing Plan Trust is a benefit plan reported by Davidson Electric Co, Inc. under EIN 74-1845348 and plan number 001. The latest loaded filing year is 2023. The filing reports 132 participants and $3,282,637 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.3MPlan net assets, end of year$3,282,637
Participants132Covered participants reported
Assets / participant$24.9KComputed: assets ÷ participants$24,868 (computed)
Provider compensationNone reported
Plan sponsor
Davidson Electric Co, Inc.
EIN
74-1845348
Plan number
001
Plan type
2
Location
Alvin, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023132H20240703104504NAL0007041825001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$3.3M total assets
Net assets$3.3MLiabilities
Money in vs. money out
Total income / additions$757.8K
Total expenses$274.6K
Benefits paid / distributions$267.2K
Contributions
Employer$116.1K
Participant$190.3K
Full reported line items

Net assets

Total assets (EOY)
$3,282,637
Net assets (EOY)
$3,282,637
Net assets (BOY)
$2,799,471

Income & contributions

Employer contributions
$116,079
Participant contributions
$190,280
Total contributions
$306,359
Total income / additions
$757,760

Expenses & distributions

Benefits paid
$267,167
Administrative expenses
$7,427
Total expenses
$274,594
Net increase / (decrease)
$483,166
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 38%Participant 62%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income35%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages