Plan Ledger DOL Form 5500 · updated monthly

Drake Interiors, Inc.401(k)

DRAKE INTERIORS 401(K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.21%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Drake Interiors, Inc. reported $9,631 in plan administrative expenses for 2022: 0.21% of average plan assets, below the peer median. Employer contributions averaged $176 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,229th of 5,688), and 4,154th of 5,337 in construction. In 2022, employees put in $11.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,284,248
Participants with balances78
Active participants122
Employer contributions$21,505
Employee contributions$240,242
Employer contribution per active participant$176
Average account balance$54,926
Benefits paid to participants$83,956
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$9,631
Total administrative$9,631
The Drake Interiors, Inc. 401(k) match · 2022
Employer contribution per active participant$176
Median for plans this size$1,114

Drake Interiors, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,631 · 0.21%
Similar plansConstruction · Texas
Rexco, Inc. TX$4.4M · 0.96%
Fox Industries, LLC TX$4.2M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900459511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.