401(k) · DOL Form 5500 · 2024

Droneup, LLC 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
334
Participants Below avg headcount
48th
Percentile by assets National rank
$20,676
Avg per participant Low balance/head
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Official DOL plan name: Droneup 401(k) & Profit Sharing Plan · Sponsored by Droneup, LLC · Virginia · Professional & Technical Services

$7M in assets, 334 participants

Droneup, LLC's Droneup 401(k) & Profit Sharing Plan reported $7M in total assets and 334 participants in its 2024 DOL Form 5500 filing, ranking in the 48th 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.

  • #9,303 in Professional & Technical Services (20,173 peers)

Coverage in Virginia

Droneup 401(k) & Profit Sharing Plan covers 334 participants in Virginia, about 43% of the average Virginia filer (state average ~782 per filing). Assets: $7M.

#9,303
in Professional & Technical Services (20,173 peers)
+19.3%
assets growth YoY

Droneup 401(k) & Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

Droneup 401(k) & Profit Sharing Plan vs every filed plan by assets

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

$6,905,628 48th percentile higher than 48% of 123,620 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 2024

Droneup 401(k) & Profit Sharing 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. Droneup 401(k) & Profit Sharing Plan sits mid-pack in the medium band (334 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Droneup 401(k) & Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Droneup 401(k) & Profit Sharing Plan reported participants fell from 468 in the plan year 2023 filing to 334 in the plan year 2024 filing.
  • Droneup 401(k) & Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 814177107 · Droneup, LLC PY 2024 · 401(k)

Droneup 401(k) & Profit Sharing Plan · $7M · 334 · 48th

  • NET $7M
  • NET 334
  • NET 48th
  • NET 401(k)
  • NET near Norman N. Hoffman, M.D., Inc. 401(k) Profit Sharing Plan
  • NET ind #9303

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 Virginia →

Droneup 401(k) & Profit Sharing Plan in the asset neighbourhood

Droneup 401(k) & Profit Sharing PlanDroneup 401(k) & Profit Shar…$7MNorman N. Hoffman, M.D., Inc. 401(k) Profit Sharing PlanNorman N. Hoffman, M.D., Inc…$7MKendrick Plastics, Inc. 401(k) PlanKendrick Plastics, Inc. 401(…$7MDental Health Professionals, P.C. New Comparability 401(k) Profit Sharing PlanDental Health Professionals,…$7MSunshine Retirement Living LLC 401(k) PlanSunshine Retirement Living L…$7M
End-of-year total assets ($M) among Droneup 401(k) & Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN814177107
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Droneup, LLC)

Sponsor-wide plan assets over time

All Droneup, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$7M 19.278280890783503% vs 2023
2024 filing year
$5.5M$6M$6.5M$7M$7.5M 20232024 $5.79M $6.91M ▲ +19.3%
Year Plans Participants Total Assets
2023 1 468 $6M
2024 1 334 $7M

Nearby 401(k) Plans in Virginia

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

Droneup 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Droneup 401(k) & Profit Sharing Plan, Total assets ($B): 0.006905628 · Participants: 334Droneup 401(k) & Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Droneup 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Droneup 401(k) & Profit Sharing Plan side-by-side with 3 peers →

Droneup 401(k) & Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Norman N. Hoffman, M.D., Inc. 401(k) Profit Sharing Plan in CA ($7M); by covered participants it is Lenny's Gas N Wash 401(k) Plan in IL (334 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (334 participants); asset peers above are excluded.

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 Droneup 401(k) & Profit Sharing Plan assets move in 2024? ▼
Droneup 401(k) & Profit Sharing Plan grew sharply - up 19.3% during 2024, from $6M to $7M. Reported net income was $1M.
How have Droneup, LLC plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Droneup, LLC's sponsor-wide assets grew 19.3%, from $6M to $7M.
Which 401(k) plans are similar in size to Droneup 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Norman N. Hoffman, M.D., Inc. 401(k) Profit Sharing Plan in CA ($7M, 9 participants).
Which 401(k) plans cover a similar participant headcount to Droneup 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lenny's Gas N Wash 401(k) Plan in IL (334 participants, $3M 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 814177107.

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.