Davis & Floyd, Inc. Profit Sharing Plan — Form 5500 plan (Davis & Floyd, 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, Davis & Floyd, Inc. Profit Sharing Plan is a benefit plan reported by Davis & Floyd, Inc under EIN 57-0346458 and plan number 001. The latest loaded filing year is 2023. The filing reports 274 participants and $29,616,226 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$29.6MPlan net assets, end of year$29,598,306
Participants274Covered participants reported
Assets / participant$108.1KComputed: assets ÷ participants$108,088 (computed)
Provider compensation$76.9K2 Schedule C provider row(s)$76,894
- Plan sponsor
- Davis & Floyd, Inc
- EIN
- 57-0346458
- Plan number
- 001
- Plan type
- 2
- Location
- Greenwood, SC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 274 | H, C | 20250505065443NAL0007885713001 |
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)$29.6M total assets
Net assets$29.6MLiabilities$17.9K
Full reported line items
Net assets
- Total assets (EOY)
- $29,616,226
- Total liabilities (EOY)
- $17,920
- Net assets (EOY)
- $29,598,306
- Net assets (BOY)
- $25,270,503
Income & contributions
- Employer contributions
- $495,142
- Participant contributions
- $824,589
- Total contributions
- $1,363,696
- Total income / additions
- $5,462,520
Expenses & distributions
- Benefits paid
- $975,166
- Administrative expenses
- $159,551
- Total expenses
- $1,134,717
- Net increase / (decrease)
- $4,327,803
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.
38%62%
Employer 38%Participant 62%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income18%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Greenwood Capital Associates | INVESTMENT MGR | $57,442 | not reported in the loaded dataset | 2023 |
| County Bank | INVESTMENT MGR | $19,452 | not reported in the loaded dataset | 2023 |