401(k) · DOL Form 5500 · 2024

Drivewealth Holdings, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets: 296
Participants Below avg headcount: 67th
Percentile by assets National rank: $56,727
Avg per participant Low balance/head

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Official DOL plan name: Drivewealth 401(k) Plan · Sponsored by Drivewealth Holdings, Inc. · New York · Management of Enterprises

$17M in assets, 296 participants

Drivewealth Holdings, Inc.'s Drivewealth 401(k) Plan reported $17M in total assets and 296 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

#550 in Management of Enterprises (1,133 peers)

Coverage in New York

Drivewealth 401(k) Plan covers 296 participants in New York, about 37% of the average New York filer (state average ~798 per filing). Assets: $17M.

#550
in Management of Enterprises (1,133 peers): +41.9%
assets growth YoY

Drivewealth 401(k) Plan's outsized position by total assets

Drivewealth 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$16,791,331 Top 33% higher than 67% 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

Drivewealth 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. Drivewealth 401(k) Plan sits mid-pack in the medium band (296 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Drivewealth 401(k) Plan end-of-year assets rose from $12M in the plan year 2023 filing to $17M in the plan year 2024 filing.
Drivewealth 401(k) Plan reported participants fell from 345 in the plan year 2023 filing to 296 in the plan year 2024 filing.
Drivewealth 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 473891786 · Drivewealth Holdings, Inc. PY 2024 · 401(k)

Drivewealth 401(k) Plan · $17M · 296 · 67th

NET $17M
NET 296
NET 67th
NET 401(k)
NET near Micrometals Security & Retirement Plan and Trust
NET ind #550

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 Management of Enterprises retirement plans → · Plans in New York →

End-of-year total assets ($M) among Drivewealth 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)	$12M
Net Assets (End of Year)	$17M
Net Income	$5M
Employer EIN	473891786
Plan Effective Date	2023-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Drivewealth Holdings, Inc.)

Latest sponsor-wide plan assets: $17M 41.93897446019494% vs 2023; 2024 filing year

Year	Plans	Participants	Total Assets
2023	1	345	$12M
2024	1	296	$17M

Nearby 401(k) Plans in New York

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

Drivewealth 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401(k) Plan $60.4B · 52,674
Morgan Stanley 401(k) Plan $22.2B · 53,860
Pfizer Savings Plan $22.0B · 33,309
The Pepsico Savings Plan $14.9B · 137,398
The Goldman Sachs 401(k) Plan $12.8B · 23,227

Compare Drivewealth 401(k) Plan side-by-side with 3 peers →

Drivewealth 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Micrometals Security & Retirement Plan and Trust in CA ($17M); by covered participants it is Outdoor Network 401(k) Plan in FL (296 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Micrometals Security & Retirement Plan and Trust (CA) $17M · 112
Owen-Adams, Inc. Dba Overhead Door Company of Dallas-Residential 401(k) (TX) $17M · 155
Contexture LLC 401(k) Plan (CO) $17M · 218
Ex2 Solutions, Inc. 401(k) Plan (TX) $17M · 159

Similar participant headcount

Nearest other-state filings by covered participants (296 participants); asset peers above are excluded.

Outdoor Network 401(k) Plan (FL) 296 · 0 off
Harbin Lumber Co., Inc. 401(k) Profit Sharing Plan (GA) 296 · 0 off
Omega Morgan Holdings Inc. 401(k) Savings Plan (OR) 296 · 0 off
Macneill Pride Group Corp Dba Gathr Outdoors 401(k) Plan (ME) 296 · 0 off

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Drivewealth 401(k) Plan assets move in 2024? ▼

Drivewealth 401(k) Plan surged - up 41.9% during 2024, from $12M to $17M. Reported net income was $5M.

How have Drivewealth Holdings, Inc. plan assets changed over time? ▼

Across 2 plan years on file (2023-2024), Drivewealth Holdings, Inc.'s sponsor-wide assets grew 41.9%, from $12M to $17M.

Which 401(k) plans are similar in size to Drivewealth 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Micrometals Security & Retirement Plan and Trust in CA ($17M, 112 participants).

Which 401(k) plans cover a similar participant headcount to Drivewealth 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Outdoor Network 401(k) Plan in FL (296 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 473891786.