DAVENPORT & COMPANY LLC PROFIT SHARING PLAN

Plan Contact

  • Address: P.O. BOX 85678,RICHMOND,VA
  • Phone: (804) 780-2000

Plan General Information

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of DAVENPORT & COMPANY LLC PROFIT SHARING PLAN is $369,878,821.00.This plan was established in 1972.

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in DAVENPORT & COMPANY LLC PROFIT SHARING PLAN is 581

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for DAVENPORT & COMPANY LLC PROFIT SHARING PLAN is $636,624.00

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for DAVENPORT & COMPANY LLC PROFIT SHARING PLAN is $12,054.00.

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in DAVENPORT & COMPANY LLC PROFIT SHARING PLAN is approximately $15,878.00
Investing in this additonal $15,878.00 for 20 years would give you extra $1,016,216.00, assuming a 10% annual return.

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, DAVENPORT & COMPANY LLC PROFIT SHARING PLAN allocates $9,225,336.00 to match its employees' contributions, providing an employer match rate of 139.78% of their contributions

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of DAVENPORT & COMPANY LLC PROFIT SHARING PLAN is 16.97%.

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for DAVENPORT & COMPANY LLC PROFIT SHARING PLAN is 20.10%. This measures the effectiveness of the plan participants' investments in the year.

DAVENPORT & COMPANY LLC PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of DAVENPORT & COMPANY LLC PROFIT SHARING PLAN is 0.00%.

Enrollment Features

DAVENPORT & COMPANY LLC PROFIT SHARING 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.


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