401(k) · DOL Form 5500 · 2022

Drax Biomass Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
257
Participants Below avg headcount
66th
Percentile by assets National rank
$41,993
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Drax Biomass Inc. 401(k) Plan · Sponsored by Drax Biomass Inc. · Louisiana · Manufacturing

$11M in assets, 257 participants

Drax Biomass Inc.'s Drax Biomass Inc. 401(k) Plan reported $11M in total assets and 257 participants in its 2022 DOL Form 5500 filing, ranking in the 66th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #11,134 in Manufacturing (20,602 peers)

Drax Biomass Inc. multi-year trail

Drax Biomass Inc.'s plans moved +142.0% in assets from 2022 to 2024; this filing shows Drax Biomass Inc. 401(k) Plan at $11M / 257 participants.

#11,134
in Manufacturing (20,602 peers)
-13.2%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Drax Biomass Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Drax Biomass Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$10,792,093 Top 34% higher than 66% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Drax Biomass Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Drax Biomass Inc. 401(k) Plan sits mid-pack in the medium band (257 participants).

EBSA filing schedule strip

Filing strip 990371042 · Drax Biomass Inc. PY 2022 · 401(k)

Drax Biomass Inc. 401(k) Plan · $11M · 257 · 66th

  • EBSA $11M
  • PART 257
  • TYPE 66th
  • NET 401(k)
  • BOOK near Kugler Company 401(k) Profit Sharing Plan
  • VS-ST ind #11134

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Louisiana →

Drax Biomass Inc. 401(k) Plan in the asset neighbourhood

Drax Biomass Inc. 401(k) Plan$11MKugler Company 401(k) Profit Sharing PlanKugler Company 401(k) Profit…$11MTexas De Brazil Savings Plan$11MBio-Botanica Inc 401(k) Profit Sharing Plan and TrustBio-Botanica Inc 401(k) Prof…$11MInspire11 401(k) Plan$11M
End-of-year total assets ($M) among Drax Biomass Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Drax Biomass Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Drax Biomass Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 142.02284024053534% vs 2022
2024 filing year
$5M$10M$15M$20M$25M$30M 202220232024 $10.8M $26.1M ▲ +142.1%
Year Plans Participants Total Assets
2022 1 257 $11M
2023 1 283 $17M
2024 1 481 $26M

Drax Biomass Inc. filing trail (2022)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN990371042
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Louisiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Drax Biomass Inc. 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Drax Biomass Inc. 401(k) Plan, Total assets ($B): 0.010792093 · Participants: 257Drax Biomass Inc. 401(k) PlanSavings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 3.384808796 · Participants: 11580Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 1.885488107 · Participants: 23072Ochsner Clinic Foundation 401(k) PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.717744201 · Participants: 20184Amedisys Holding, LLC 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 0.716316398 · Participants: 12675Louisiana Children's Medical Center Retirement and Savings PlanLouisiana Health Service & Indemnity Co. Tax-Favored Savings Program, Total assets ($B): 0.490654262 · Participants: 3660Louisiana Health Service & Indemnity Co. Tax-Favored Savings Program
Drax Biomass Inc. 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants

Drax Biomass Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Louisiana, the nearest 401(k) by assets is Kugler Company 401(k) Profit Sharing Plan in NE ($11M); by covered participants it is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (257 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (257 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Drax Biomass Inc. 401(k) Plan assets move in 2022?
Drax Biomass Inc. 401(k) Plan pulled back noticeably - down 13.2% during 2022, from $12M to $11M. Reported net income was -$2M.
How have Drax Biomass Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Drax Biomass Inc.'s sponsor-wide assets grew 142.0%, from $11M to $26M.
Which 401(k) plans are similar in size to Drax Biomass Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Kugler Company 401(k) Profit Sharing Plan in NE ($11M, 101 participants).
Which 401(k) plans cover a similar participant headcount to Drax Biomass Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (257 participants, $280K in assets).