Davaco, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2017. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Davaco, Inc. 401(k) Plan Facts (plan year 2017)

Plan name
DAVACO, INC. 401(K) AND PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DAVACO, INC.
Participants
760 (733 active employees)
Former employees with a balance
43
Plan assets
$10,009,783 at Dec 31, 2017
Average account balance
$56,235 across 178 accounts
Employer contributions
$11,056 in plan year 2017 (2% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Jan 1, 2003
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2017 (Jan 1, 2017 – Dec 31, 2017), filed Aug 14, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $703,345 went into the plan in contributions, $11,056 of it from the employer (2%).
  • $831,028 was paid out to participants.
  • Investment and other income added $1.46 million.
  • Administrative expenses were $65,230, about $366 per account.

How the Davaco, Inc. 401(k) changed, 2012–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20121,050$5.87 million$0$552,605
20131,198$7.31 million$0$430,631
2014858$7.62 million—$601,872
2015696$7.65 million$39$408,031
2016657$8.83 million$274$142,718
2017760$10.0 million$11,056$831,028

Davaco, Inc. 401(k) Contact Information

Phone
214-706-4062
Mailing address
4050 VALLEY VIEW LANE SUITE 150, IRVING TX 75038
Plan sponsor
DAVACO, INC.
Employer identification number (EIN)
75-2682681
Plan number
001

Questions about the Davaco, Inc. 401(k)

Is the Davaco, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2017, and no later filing was found under this employer's EIN.

Does Davaco, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $11,056, 2% of all contributions.

Does the Davaco, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Davaco, Inc 401(k) plan?

760 participants at the start of plan year 2017, 733 of them active employees, and 43 former employees who still had money in the plan.

What is the average 401(k) balance at Davaco, Inc?

About $56,235 per account: $10.0 million in plan assets across 178 accounts with a balance at the end of plan year 2017.

Who manages the Davaco, Inc 401(k) accounts?

Empower is the plan's recordkeeper, which is where participants log in to see their balance.

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