Drake Extrusion Inc. Retirement Plan — Form 5500 plan (Drake Extrusion 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, Drake Extrusion Inc. Retirement Plan is a benefit plan reported by Drake Extrusion Inc. under EIN 54-1764685 and plan number 001. The latest loaded filing year is 2023. The filing reports 372 participants and $9,938,941 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Drake Extrusion Inc.
- EIN
- 54-1764685
- Plan number
- 001
- Plan type
- 2
- Location
- Martinsville, VA
- Latest filing year
- 2023
- Participants
- 372
- End-of-year plan assets
- $9,938,941
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 372 | H, C | 20240916050426NAL0001246049001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,938,941
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,938,941
- Net assets (BOY)
- $8,553,027
Income & contributions
- Employer contributions
- $413,120
- Participant contributions
- $549,169
- Total contributions
- $993,565
- Total income / additions
- $2,288,242
Expenses & distributions
- Benefits paid
- $881,040
- Administrative expenses
- $14,920
- Total expenses
- $902,328
- Net increase / (decrease)
- $1,385,914
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $14,919 | $0 | 2023 |