Drake-Williams Steel, Inc.ESOP
DRAKE-WILLIAMS STEEL, INC. EMPLOYEE STOCK OWNERSHIP PLAN · OMAHA, NE · plan year 2023
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Drake-Williams Steel, Inc. reported $5 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,670 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 $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 100th-largest of 565 plans among Nebraska employers on file, and the 2,557th of 13,661 in manufacturing.
Drake-Williams Steel, Inc.'s 2023 employer contribution ran above the $3,659 median for plans its size. 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 470145871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.