401(k) · DOL Form 5500 · 2024
Drax Biomass Inc. 401(k) Plan
Data updated 2026-08-25
- $26M
- Total assets Below avg plan size
- 481
- Participants Below avg headcount
- 75th
- Percentile by assets National rank
- $54,302
- Avg per participant Low balance/head
Official DOL plan name: Drax Biomass Inc. 401(k) Plan · Sponsored by Drax Biomass Inc. · Louisiana · Manufacturing
$26M in assets, 481 participants
Drax Biomass Inc.'s Drax Biomass Inc. 401(k) Plan reported $26M in total assets and 481 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.
- #11,689 in Manufacturing (17,777 peers)
Where Drax Biomass Inc. 401(k) Plan sits by assets
Drax Biomass Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $26M for 481 participants (~$54,302/participant), up 55.7% in 2024.
- #11,689
- in Manufacturing (17,777 peers)
- +55.7%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
Drax Biomass Inc. 401(k) Plan's outsized position by total assets
Drax Biomass Inc. 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$26,119,330 Top 25% higher than 75% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Drax Biomass Inc. 401(k) Plan among mid-size filed plans by headcount
Plan-year 2024 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 (481 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Drax Biomass Inc. 401(k) Plan reported participants rose from 283 in the plan year 2023 filing to 481 in the plan year 2024 filing.
- Drax Biomass Inc. 401(k) Plan end-of-year assets rose from $17M in the plan year 2023 filing to $26M in the plan year 2024 filing.
- Drax Biomass Inc. 401(k) Plan reported net income rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 990371042 · Drax Biomass Inc. PY 2024 · 401(k)
Drax Biomass Inc. 401(k) Plan · $26M · 481 · 75th
- BOOK $26M
- VS-ST 481
- BOY 75th
- SCH 401(k)
- EBSA near Environmental Restoration 401(k) Profit-Sharing Plan
- PART ind #11689
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
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $17M |
|---|---|
| Net Assets (End of Year) | $26M |
| Net Income | $7M |
| Employer EIN | 990371042 |
| Plan Effective Date | 2014-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Drax Biomass Inc.)
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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 257 | $11M |
| 2023 | 1 | 283 | $17M |
| 2024 | 1 | 481 | $26M |
Nearby 401(k) Plans in Louisiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Lumen 401(k) Savings Plan $7.3B · 26,319
- Savings Plan of Entergy Corporation and Subsidiaries $4.4B · 9,655
- Ochsner Clinic Foundation 401(k) Plan $2.7B · 32,229
- Louisiana Children's Medical Center Retirement and Savings Plan $1.0B · 13,357
- Amedisys Holding, LLC 401(k) Plan $955M · 18,862
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 Environmental Restoration 401(k) Profit-Sharing Plan in MO ($26M); by covered participants it is Kountry Wood Products 401(k) Profit Sharing Plan in IN (481 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($26M here).
- Environmental Restoration 401(k) Profit-Sharing Plan (MO) $26M · 308
- Alogent 401(k) Plan (GA) $26M · 210
- Sheltered Wings, Inc. 401(k) Plan (WI) $26M · 418
- Alliance Entertainment 401(k) Plan (FL) $26M · 894
Similar participant headcount
Nearest other-state filings by covered participants (481 participants); asset peers above are excluded.
- Kountry Wood Products 401(k) Profit Sharing Plan (IN) 481 · 0 off
- Ashley Industrial Molding, Inc. 401(k) Plan (IN) 481 · 0 off
- Sita Employee 401(k) Savings Plan (GA) 481 · 0 off
- Saginaw Control & Engineering, Inc. Salary Savings Plan (MI) 481 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.