401(k) · DOL Form 5500 · 2023
Drake Enterprises, Ltd 401(k) Plan
Data updated 2026-08-25
- $10M
- Total assets Small plan by assets
- 138
- Participants Small participant base
- 57th
- Percentile by assets National rank
- $68,909
- Avg per participant Below avg balance/head
Official DOL plan name: Drake Enterprises, Ltd 401(k) Plan · Sponsored by Drake Enterprises, Ltd · North Carolina · Professional & Technical Services
$10M in assets, 138 participants
Drake Enterprises, Ltd's Drake Enterprises, Ltd 401(k) Plan reported $10M in total assets and 138 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.
- #11,367 in Professional & Technical Services (20,321 peers)
Coverage in North Carolina
Drake Enterprises, Ltd 401(k) Plan covers 138 participants in North Carolina, about 17% of the average North Carolina filer (state average ~819 per filing). Assets: $10M.
- #11,367
- in Professional & Technical Services (20,321 peers)
- +5.7%
- assets growth YoY
Drake Enterprises, Ltd 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers
Drake Enterprises, Ltd 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$9,509,476 Top 43% higher than 57% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Drake Enterprises, Ltd 401(k) Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Drake Enterprises, Ltd 401(k) Plan sits mid-pack in the medium band (138 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Drake Enterprises, Ltd 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $513K in the plan year 2023 filing.
- Drake Enterprises, Ltd 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.
- Drake Enterprises, Ltd 401(k) Plan reported participants fell from 141 in the plan year 2022 filing to 138 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 561494243 · Drake Enterprises, Ltd PY 2023 · 401(k)
Drake Enterprises, Ltd 401(k) Plan · $10M · 138 · 57th
- ASSETS $10M
- ASSETS 138
- ASSETS 57th
- ASSETS 401(k)
- ASSETS near S & S Sprinkler Company, LLC 401(k) Savings & Retirement Plan
- ASSETS ind #11367
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 Professional & Technical Services retirement plans → · Plans in North Carolina →
Drake Enterprises, Ltd 401(k) Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $10M |
| Net Income | $513K |
| Employer EIN | 561494243 |
| Plan Effective Date | 1994-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Drake Enterprises, Ltd)
Sponsor-wide plan assets over time
All Drake Enterprises, Ltd plans reported in each filing year
- Latest sponsor-wide plan assets
- $9M 4.79620377277369% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 141 | $9M |
| 2023 | 1 | 138 | $10M |
| 2024 | 1 | 151 | $9M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
Drake Enterprises, Ltd 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is S & S Sprinkler Company, LLC 401(k) Savings & Retirement Plan in AL ($10M); by covered participants it is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($10M here).
Similar participant headcount
Nearest other-state filings by covered participants (138 participants); asset peers above are excluded.
- Pmt Group, Inc. Profit Sharing 401(k) Plan (CT) 138 · 0 off
- Continental Floral 401(k) Plan (WA) 138 · 0 off
- Shaw Electric, Inc. Retirement Savings Plan (IA) 138 · 0 off
- Elos Medtech Onyx 401(k) Profit Sharing Plan (TN) 138 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.