Driessen Water, Inc. 401(K) Plan — Form 5500 plan (Driessen Water, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Driessen Water, Inc. 401(K) Plan is a benefit plan reported by Driessen Water, Inc. under EIN 41-0849770 and plan number 001. The latest loaded filing year is 2023. The filing reports 345 participants and $13,132,734 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Driessen Water, Inc.
EIN
41-0849770
Plan number
001
Plan type
2
Location
Owatonna, MN
Latest filing year
2023
Participants
345
End-of-year plan assets
$13,132,734

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023345H, C20241015134730NAL0016523827001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$13,132,734
Total liabilities (EOY)
$0
Net assets (EOY)
$13,132,734
Net assets (BOY)
$11,016,575

Income & contributions

Employer contributions
$519,430
Participant contributions
$1,111,664
Total contributions
$1,643,400
Total income / additions
$3,333,950

Expenses & distributions

Benefits paid
$1,119,699
Administrative expenses
$69,500
Total expenses
$1,217,791
Net increase / (decrease)
$2,116,159

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Benefit Plans Admin Services, Inc.NONE$69,500$02023

Related Form 5500 pages