Civic Intelligence

Drake Construction Co. Inc.

Plan context: The Drake Retirement Savings Plan

EIN 34-1705496 • Cleveland, OH • 25 filings • 3 plans

1545 East 18th StreetCleveland, OH 44114
Current Snapshot

Latest Year

2025

2025 Participants

30

2025 Assets

$2,812,030

2025 Contributions

$353,944

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$3,214,710$1,607,355$0199920172025YearValue
$2,812,030Latest year 2025

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

30150199920172025YearValue
30Latest year 2025

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2025130$2,812,030$353,944$11,798iApproximate average salary by contribution assumption: employee only about $294,953 at 4% or $196,636 at 6%; with 50% employer match about $196,636 at 4% or $131,090 at 6%; with 100% employer match about $147,477 at 4% or $98,318 at 6%.
The Drake Retirement Savings Plan-30$2,812,030$353,944$11,798iApproximate average salary by contribution assumption: employee only about $294,953 at 4% or $196,636 at 6%; with 50% employer match about $196,636 at 4% or $131,090 at 6%; with 100% employer match about $147,477 at 4% or $98,318 at 6%.
2024229$3,214,710$363,158$12,523iApproximate average salary by contribution assumption: employee only about $313,067 at 4% or $208,711 at 6%; with 50% employer match about $208,711 at 4% or $139,141 at 6%; with 100% employer match about $156,534 at 4% or $104,356 at 6%.
The Drake Retirement Savings Plan-29$2,413,841$263,158$9,074iApproximate average salary by contribution assumption: employee only about $226,860 at 4% or $151,240 at 6%; with 50% employer match about $151,240 at 4% or $100,827 at 6%; with 100% employer match about $113,430 at 4% or $75,620 at 6%.
DRAKE CONSTRUCTION CO. CASH BALANCE PLAN-18$800,869$100,000$5,556iApproximate average salary by contribution assumption: employee only about $138,889 at 4% or $92,593 at 6%; with 50% employer match about $92,593 at 4% or $61,728 at 6%; with 100% employer match about $69,444 at 4% or $46,296 at 6%.
2023230$2,706,882$574,818$19,161iApproximate average salary by contribution assumption: employee only about $479,015 at 4% or $319,343 at 6%; with 50% employer match about $319,343 at 4% or $212,896 at 6%; with 100% employer match about $239,507 at 4% or $159,672 at 6%.
The Drake Retirement Savings Plan-30$2,063,609$361,818$12,061iApproximate average salary by contribution assumption: employee only about $301,515 at 4% or $201,010 at 6%; with 50% employer match about $201,010 at 4% or $134,007 at 6%; with 100% employer match about $150,758 at 4% or $100,505 at 6%.
DRAKE CONSTRUCTION CO. CASH BALANCE PLAN-23$643,273$213,000$9,261iApproximate average salary by contribution assumption: employee only about $231,522 at 4% or $154,348 at 6%; with 50% employer match about $154,348 at 4% or $102,899 at 6%; with 100% employer match about $115,761 at 4% or $77,174 at 6%.
2022227$1,914,256$363,958$13,480iApproximate average salary by contribution assumption: employee only about $336,998 at 4% or $224,665 at 6%; with 50% employer match about $224,665 at 4% or $149,777 at 6%; with 100% employer match about $168,499 at 4% or $112,333 at 6%.
The Drake Retirement Savings Plan-27$1,476,843$208,771$7,732iApproximate average salary by contribution assumption: employee only about $193,306 at 4% or $128,871 at 6%; with 50% employer match about $128,871 at 4% or $85,914 at 6%; with 100% employer match about $96,653 at 4% or $64,435 at 6%.
DRAKE CONSTRUCTION CO. CASH BALANCE PLAN-15$437,413$155,187$10,346iApproximate average salary by contribution assumption: employee only about $258,645 at 4% or $172,430 at 6%; with 50% employer match about $172,430 at 4% or $114,953 at 6%; with 100% employer match about $129,322 at 4% or $86,215 at 6%.
2021221$1,897,259$358,909$17,091iApproximate average salary by contribution assumption: employee only about $427,273 at 4% or $284,848 at 6%; with 50% employer match about $284,848 at 4% or $189,899 at 6%; with 100% employer match about $213,636 at 4% or $142,424 at 6%.
The Drake Retirement Savings Plan-21$1,628,307$222,929$10,616iApproximate average salary by contribution assumption: employee only about $265,392 at 4% or $176,928 at 6%; with 50% employer match about $176,928 at 4% or $117,952 at 6%; with 100% employer match about $132,696 at 4% or $88,464 at 6%.
DRAKE CONSTRUCTION CO. CASH BALANCE PLAN-19$268,952$135,980$7,157iApproximate average salary by contribution assumption: employee only about $178,921 at 4% or $119,281 at 6%; with 50% employer match about $119,281 at 4% or $79,520 at 6%; with 100% employer match about $89,461 at 4% or $59,640 at 6%.
2020219$1,379,737$317,559$16,714iApproximate average salary by contribution assumption: employee only about $417,841 at 4% or $278,561 at 6%; with 50% employer match about $278,561 at 4% or $185,707 at 6%; with 100% employer match about $208,920 at 4% or $139,280 at 6%.
The Drake Retirement Savings Plan-19$1,249,047$186,869$9,835iApproximate average salary by contribution assumption: employee only about $245,880 at 4% or $163,920 at 6%; with 50% employer match about $163,920 at 4% or $109,280 at 6%; with 100% employer match about $122,940 at 4% or $81,960 at 6%.
DRAKE CONSTRUCTION CO. CASH BALANCE PLAN-16$130,690$130,690$8,168iApproximate average salary by contribution assumption: employee only about $204,203 at 4% or $136,135 at 6%; with 50% employer match about $136,135 at 4% or $90,757 at 6%; with 100% employer match about $102,102 at 4% or $68,068 at 6%.
2019119$898,526$164,739$8,670iApproximate average salary by contribution assumption: employee only about $216,762 at 4% or $144,508 at 6%; with 50% employer match about $144,508 at 4% or $96,339 at 6%; with 100% employer match about $108,381 at 4% or $72,254 at 6%.
The Drake Retirement Savings Plan-19$898,526$164,739$8,670iApproximate average salary by contribution assumption: employee only about $216,762 at 4% or $144,508 at 6%; with 50% employer match about $144,508 at 4% or $96,339 at 6%; with 100% employer match about $108,381 at 4% or $72,254 at 6%.
2018114$619,175$90,793$6,485iApproximate average salary by contribution assumption: employee only about $162,130 at 4% or $108,087 at 6%; with 50% employer match about $108,087 at 4% or $72,058 at 6%; with 100% employer match about $81,065 at 4% or $54,043 at 6%.
The Drake Retirement Savings Plan-14$619,175$90,793$6,485iApproximate average salary by contribution assumption: employee only about $162,130 at 4% or $108,087 at 6%; with 50% employer match about $108,087 at 4% or $72,058 at 6%; with 100% employer match about $81,065 at 4% or $54,043 at 6%.
201719$590,699$93,936$10,437iApproximate average salary by contribution assumption: employee only about $260,933 at 4% or $173,956 at 6%; with 50% employer match about $173,956 at 4% or $115,970 at 6%; with 100% employer match about $130,467 at 4% or $86,978 at 6%.
The Drake Retirement Savings Plan-9$590,699$93,936$10,437iApproximate average salary by contribution assumption: employee only about $260,933 at 4% or $173,956 at 6%; with 50% employer match about $173,956 at 4% or $115,970 at 6%; with 100% employer match about $130,467 at 4% or $86,978 at 6%.
2016110$441,950$96,143$9,614iApproximate average salary by contribution assumption: employee only about $240,357 at 4% or $160,238 at 6%; with 50% employer match about $160,238 at 4% or $106,826 at 6%; with 100% employer match about $120,179 at 4% or $80,119 at 6%.
The Drake Retirement Savings Plan-10$441,950$96,143$9,614iApproximate average salary by contribution assumption: employee only about $240,357 at 4% or $160,238 at 6%; with 50% employer match about $160,238 at 4% or $106,826 at 6%; with 100% employer match about $120,179 at 4% or $80,119 at 6%.
2015110$322,335$133,087$13,309iApproximate average salary by contribution assumption: employee only about $332,718 at 4% or $221,812 at 6%; with 50% employer match about $221,812 at 4% or $147,874 at 6%; with 100% employer match about $166,359 at 4% or $110,906 at 6%.
The Drake Retirement Savings Plan-10$322,335$133,087$13,309iApproximate average salary by contribution assumption: employee only about $332,718 at 4% or $221,812 at 6%; with 50% employer match about $221,812 at 4% or $147,874 at 6%; with 100% employer match about $166,359 at 4% or $110,906 at 6%.
201419$220,583$218,103$24,234iApproximate average salary by contribution assumption: employee only about $605,842 at 4% or $403,894 at 6%; with 50% employer match about $403,894 at 4% or $269,263 at 6%; with 100% employer match about $302,921 at 4% or $201,947 at 6%.
The Drake Retirement Savings Plan-9$220,583$218,103$24,234iApproximate average salary by contribution assumption: employee only about $605,842 at 4% or $403,894 at 6%; with 50% employer match about $403,894 at 4% or $269,263 at 6%; with 100% employer match about $302,921 at 4% or $201,947 at 6%.
200610$0$0-
The Drake Retirement Savings Plan-0---
200510$346,944$59,989-
The Drake Retirement Savings Plan-0$346,944$59,989-
200415$387,289$43,687$8,737iApproximate average salary by contribution assumption: employee only about $218,435 at 4% or $145,623 at 6%; with 50% employer match about $145,623 at 4% or $97,082 at 6%; with 100% employer match about $109,218 at 4% or $72,812 at 6%.
The Drake Retirement Savings Plan-5$387,289$43,687$8,737iApproximate average salary by contribution assumption: employee only about $218,435 at 4% or $145,623 at 6%; with 50% employer match about $145,623 at 4% or $97,082 at 6%; with 100% employer match about $109,218 at 4% or $72,812 at 6%.
2003112$589,014$68,120$5,677iApproximate average salary by contribution assumption: employee only about $141,917 at 4% or $94,611 at 6%; with 50% employer match about $94,611 at 4% or $63,074 at 6%; with 100% employer match about $70,958 at 4% or $47,306 at 6%.
The Drake Retirement Savings Plan-12$589,014$68,120$5,677iApproximate average salary by contribution assumption: employee only about $141,917 at 4% or $94,611 at 6%; with 50% employer match about $94,611 at 4% or $63,074 at 6%; with 100% employer match about $70,958 at 4% or $47,306 at 6%.
2002112$430,520$77,514$6,460iApproximate average salary by contribution assumption: employee only about $161,488 at 4% or $107,658 at 6%; with 50% employer match about $107,658 at 4% or $71,772 at 6%; with 100% employer match about $80,744 at 4% or $53,829 at 6%.
The Drake Retirement Savings Plan-12$430,520$77,514$6,460iApproximate average salary by contribution assumption: employee only about $161,488 at 4% or $107,658 at 6%; with 50% employer match about $107,658 at 4% or $71,772 at 6%; with 100% employer match about $80,744 at 4% or $53,829 at 6%.
2001110$0$0-
The Drake Retirement Savings Plan-10---
2000116$436,894$80,191$5,012iApproximate average salary by contribution assumption: employee only about $125,298 at 4% or $83,532 at 6%; with 50% employer match about $83,532 at 4% or $55,688 at 6%; with 100% employer match about $62,649 at 4% or $41,766 at 6%.
The Drake Retirement Savings Plan-16$436,894$80,191$5,012iApproximate average salary by contribution assumption: employee only about $125,298 at 4% or $83,532 at 6%; with 50% employer match about $83,532 at 4% or $55,688 at 6%; with 100% employer match about $62,649 at 4% or $41,766 at 6%.
1999110$411,792$84,341$8,434iApproximate average salary by contribution assumption: employee only about $210,853 at 4% or $140,568 at 6%; with 50% employer match about $140,568 at 4% or $93,712 at 6%; with 100% employer match about $105,426 at 4% or $70,284 at 6%.
The Drake Retirement Savings Plan-10$411,792$84,341$8,434iApproximate average salary by contribution assumption: employee only about $210,853 at 4% or $140,568 at 6%; with 50% employer match about $140,568 at 4% or $93,712 at 6%; with 100% employer match about $105,426 at 4% or $70,284 at 6%.