Home  >   401k Directory   >   Drake Enterprises, Ltd.
 
Company:
Drake Enterprises, Ltd.
Plan:
Drake Enterprises, Ltd. 401k Retirement Plan
 

Drake Enterprises, Ltd.

64 Plan: Drake Enterprises, Ltd. 401k Retirement Plan

 
 
64
24
74
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (64) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $150,900 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Drake Enterprises, Ltd. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Drake Enterprises, Ltd. 401k Retirement Plan currently has over 400 active participants and over $13.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
20
Plan Average: 24
Top 3 Funds in this 401k
1. Principal Stable Value Fund 12%
2. Principal Large Cap S&P 500 Index 11%
3. Principal Bond Market Index 11%

 Retirement Plan Details

Address 235 E Palmer St
Franklin, NC 28734-3049 
Industry Custom Computer Programming Services
Administrator Paul Martin
Net Plan Assets $13,400,000
Total Participants 460
Avg Account Balance $32,000

 Compare Other Companies in Peer Group

Energy Enterprise Solutions, LLC 74.2
Ubisoft 73.0
Nexus I.S. 72.0
Vitech Systems Group 71.2
Q.E.D. Systems 60.4
Russell Sigler 58.7

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Dixon Hughes Goodman, LLC

 Comments