Drake Enterprises Inc.
Plan context: Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust
EIN 38-1525046 • Clinton Township, MI • 13 filings • 3 plans
Current Snapshot
Latest Year
2025
2025 Participants
138
2025 Assets
$1,103,605
2025 Contributions
$199,982
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2025 | 1 | 138 | $0 | $0 | - |
| Drake Enterprises Inc. Health & Welfare Plan | - | 138 | - | - | - |
| 2024 | 2 | 140 | $1,103,605 | $199,982 | $1,428iApproximate average salary by contribution assumption: employee only about $35,711 at 4% or $23,807 at 6%; with 50% employer match about $23,807 at 4% or $15,872 at 6%; with 100% employer match about $17,856 at 4% or $11,904 at 6%. |
| Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust | - | 54 | $1,103,605 | $199,982 | $3,703iApproximate average salary by contribution assumption: employee only about $92,584 at 4% or $61,723 at 6%; with 50% employer match about $61,723 at 4% or $41,149 at 6%; with 100% employer match about $46,292 at 4% or $30,861 at 6%. |
| Drake Enterprises Inc. Health & Welfare Plan | - | 140 | - | - | - |
| 2023 | 1 | 52 | $872,252 | $228,245 | $4,389iApproximate average salary by contribution assumption: employee only about $109,733 at 4% or $73,155 at 6%; with 50% employer match about $73,155 at 4% or $48,770 at 6%; with 100% employer match about $54,867 at 4% or $36,578 at 6%. |
| Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust | - | 52 | $872,252 | $228,245 | $4,389iApproximate average salary by contribution assumption: employee only about $109,733 at 4% or $73,155 at 6%; with 50% employer match about $73,155 at 4% or $48,770 at 6%; with 100% employer match about $54,867 at 4% or $36,578 at 6%. |
| 2022 | 1 | 108 | $649,408 | $214,145 | $1,983iApproximate average salary by contribution assumption: employee only about $49,571 at 4% or $33,047 at 6%; with 50% employer match about $33,047 at 4% or $22,031 at 6%; with 100% employer match about $24,785 at 4% or $16,524 at 6%. |
| Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust | - | 108 | $649,408 | $214,145 | $1,983iApproximate average salary by contribution assumption: employee only about $49,571 at 4% or $33,047 at 6%; with 50% employer match about $33,047 at 4% or $22,031 at 6%; with 100% employer match about $24,785 at 4% or $16,524 at 6%. |
| 2021 | 1 | 39 | $777,082 | $187,778 | $4,815iApproximate average salary by contribution assumption: employee only about $120,371 at 4% or $80,247 at 6%; with 50% employer match about $80,247 at 4% or $53,498 at 6%; with 100% employer match about $60,185 at 4% or $40,124 at 6%. |
| Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust | - | 39 | $777,082 | $187,778 | $4,815iApproximate average salary by contribution assumption: employee only about $120,371 at 4% or $80,247 at 6%; with 50% employer match about $80,247 at 4% or $53,498 at 6%; with 100% employer match about $60,185 at 4% or $40,124 at 6%. |
| 2020 | 1 | 25 | $601,004 | $106,568 | $4,263iApproximate average salary by contribution assumption: employee only about $106,568 at 4% or $71,045 at 6%; with 50% employer match about $71,045 at 4% or $47,364 at 6%; with 100% employer match about $53,284 at 4% or $35,523 at 6%. |
| Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust | - | 25 | $601,004 | $106,568 | $4,263iApproximate average salary by contribution assumption: employee only about $106,568 at 4% or $71,045 at 6%; with 50% employer match about $71,045 at 4% or $47,364 at 6%; with 100% employer match about $53,284 at 4% or $35,523 at 6%. |
| 2019 | 1 | 29 | $886,691 | $449,517 | $15,501iApproximate average salary by contribution assumption: employee only about $387,515 at 4% or $258,343 at 6%; with 50% employer match about $258,343 at 4% or $172,229 at 6%; with 100% employer match about $193,757 at 4% or $129,172 at 6%. |
| Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust | - | 29 | $886,691 | $449,517 | $15,501iApproximate average salary by contribution assumption: employee only about $387,515 at 4% or $258,343 at 6%; with 50% employer match about $258,343 at 4% or $172,229 at 6%; with 100% employer match about $193,757 at 4% or $129,172 at 6%. |
| 2018 | 1 | 64 | $375,117 | $138,498 | $2,164iApproximate average salary by contribution assumption: employee only about $54,101 at 4% or $36,067 at 6%; with 50% employer match about $36,067 at 4% or $24,045 at 6%; with 100% employer match about $27,050 at 4% or $18,034 at 6%. |
| Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust | - | 64 | $375,117 | $138,498 | $2,164iApproximate average salary by contribution assumption: employee only about $54,101 at 4% or $36,067 at 6%; with 50% employer match about $36,067 at 4% or $24,045 at 6%; with 100% employer match about $27,050 at 4% or $18,034 at 6%. |
| 2017 | 1 | 65 | $298,811 | $114,213 | $1,757iApproximate average salary by contribution assumption: employee only about $43,928 at 4% or $29,285 at 6%; with 50% employer match about $29,285 at 4% or $19,524 at 6%; with 100% employer match about $21,964 at 4% or $14,643 at 6%. |
| Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust | - | 65 | $298,811 | $114,213 | $1,757iApproximate average salary by contribution assumption: employee only about $43,928 at 4% or $29,285 at 6%; with 50% employer match about $29,285 at 4% or $19,524 at 6%; with 100% employer match about $21,964 at 4% or $14,643 at 6%. |
| 2016 | 1 | 23 | $184,196 | $125,591 | $5,460iApproximate average salary by contribution assumption: employee only about $136,512 at 4% or $91,008 at 6%; with 50% employer match about $91,008 at 4% or $60,672 at 6%; with 100% employer match about $68,256 at 4% or $45,504 at 6%. |
| Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust | - | 23 | $184,196 | $125,591 | $5,460iApproximate average salary by contribution assumption: employee only about $136,512 at 4% or $91,008 at 6%; with 50% employer match about $91,008 at 4% or $60,672 at 6%; with 100% employer match about $68,256 at 4% or $45,504 at 6%. |
| 2015 | 1 | 19 | $92,977 | $80,453 | $4,234iApproximate average salary by contribution assumption: employee only about $105,859 at 4% or $70,573 at 6%; with 50% employer match about $70,573 at 4% or $47,049 at 6%; with 100% employer match about $52,930 at 4% or $35,286 at 6%. |
| Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust | - | 19 | $92,977 | $80,453 | $4,234iApproximate average salary by contribution assumption: employee only about $105,859 at 4% or $70,573 at 6%; with 50% employer match about $70,573 at 4% or $47,049 at 6%; with 100% employer match about $52,930 at 4% or $35,286 at 6%. |
| 2014 | 1 | 16 | $26,741 | $27,709 | $1,732iApproximate average salary by contribution assumption: employee only about $43,295 at 4% or $28,864 at 6%; with 50% employer match about $28,864 at 4% or $19,242 at 6%; with 100% employer match about $21,648 at 4% or $14,432 at 6%. |
| Drake Enterprises Inc. 401(K) Profit Sharing Plan and Trust | - | 16 | $26,741 | $27,709 | $1,732iApproximate average salary by contribution assumption: employee only about $43,295 at 4% or $28,864 at 6%; with 50% employer match about $28,864 at 4% or $19,242 at 6%; with 100% employer match about $21,648 at 4% or $14,432 at 6%. |