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, Drake Employee Savings Plan is a benefit plan reported by Drake Office Overload, Inc. under EIN 95-4555406 and plan number 002. The latest loaded filing year is 2023. The filing reports 233 participants and $5,126,156 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,126,156
- Net assets (EOY)
- $5,126,156
- Net assets (BOY)
- $3,415,961
Income & contributions
- Employer contributions
- $280,729
- Participant contributions
- $566,299
- Total contributions
- $2,051,937
- Total income / additions
- $2,815,417
Expenses & distributions
- Benefits paid
- $1,062,239
- Administrative expenses
- $42,983
- Total expenses
- $1,105,222
- Net increase / (decrease)
- $1,710,195