401(k) · DOL Form 5500 · 2023

Drake Precision Dental Lab Inc 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
82
Participants Small participant base
57th
Percentile by assets National rank
$113,634
Avg per participant Below avg balance/head
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Official DOL plan name: Drake Precision Dental Lab Inc 401(k) Plan · Sponsored by Drake Precision Dental Lab Inc · North Carolina · Manufacturing

$9M in assets, 82 participants

Drake Precision Dental Lab Inc's Drake Precision Dental Lab Inc 401(k) Plan reported $9M in total assets and 82 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #8,018 in Manufacturing (18,722 peers)

Drake Precision Dental Lab Inc multi-year trail

Drake Precision Dental Lab Inc's plans moved +34.1% in assets from 2022 to 2024; this filing shows Drake Precision Dental Lab Inc 401(k) Plan at $9M / 82 participants.

#8,018
in Manufacturing (18,722 peers)
+26.1%
assets growth YoY

Drake Precision Dental Lab Inc 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Drake Precision Dental Lab Inc 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$9,317,996 Top 43% higher than 57% of 127,068 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 2023

Drake Precision Dental Lab Inc 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Drake Precision Dental Lab Inc 401(k) Plan is a small filing (82 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Drake Precision Dental Lab Inc 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Drake Precision Dental Lab Inc 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 561335626 · Drake Precision Dental Lab Inc PY 2023 · 401(k)

Drake Precision Dental Lab Inc 401(k) Plan · $9M · 82 · 57th

  • EOY $9M
  • 5500 82
  • ASSETS 57th
  • PCT 401(k)
  • EIN near Met One Instruments, Inc. Consolidated Profit Sharing Plan
  • RANK ind #8018

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 North Carolina →

Drake Precision Dental Lab Inc 401(k) Plan in the asset neighbourhood

Drake Precision Dental Lab Inc 401(k) PlanDrake Precision Dental Lab I…$9MMet One Instruments, Inc. Consolidated Profit Sharing PlanMet One Instruments, Inc. Co…$9MLexington Machining, LLC Retirement PlanLexington Machining, LLC Ret…$9MWhite Pass 401(k) Retirement PlanWhite Pass 401(k) Retirement…$9MMetis Technology Solutions, Inc 401(k) PlanMetis Technology Solutions, …$9M
End-of-year total assets ($M) among Drake Precision Dental Lab Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Drake Precision Dental Lab Inc multi-year asset trail

Sponsor-wide plan assets over time

All Drake Precision Dental Lab Inc plans reported in each filing year

Latest sponsor-wide plan assets
$10M 34.07263348651641% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $7.39M $9.91M ▲ +34.1%
Year Plans Participants Total Assets
2022 1 82 $7M
2023 1 82 $9M
2024 1 79 $10M

Drake Precision Dental Lab Inc filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN561335626
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Drake Precision Dental Lab Inc 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Drake Precision Dental Lab Inc 401(k) Plan, Total assets ($B): 0.009317996 · Participants: 82Drake Precision Dental Lab Inc 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Drake Precision Dental Lab Inc 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Drake Precision Dental Lab Inc 401(k) Plan side-by-side with 3 peers →

Drake Precision Dental Lab Inc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Met One Instruments, Inc. Consolidated Profit Sharing Plan in OR ($9M); by covered participants it is Healthy Back Brand Holdings 401(k) Plan in MD (82 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (82 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Drake Precision Dental Lab Inc 401(k) Plan assets move in 2023? ▼
Drake Precision Dental Lab Inc 401(k) Plan grew sharply - up 26.1% during 2023, from $7M to $9M. Reported net income was $2M.
How have Drake Precision Dental Lab Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Drake Precision Dental Lab Inc's sponsor-wide assets grew 34.1%, from $7M to $10M.
Which 401(k) plans are similar in size to Drake Precision Dental Lab Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Met One Instruments, Inc. Consolidated Profit Sharing Plan in OR ($9M, 133 participants).
Which 401(k) plans cover a similar participant headcount to Drake Precision Dental Lab Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Healthy Back Brand Holdings 401(k) Plan in MD (82 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561335626.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.