Civic Intelligence

Drax Biomass Inc.

Plan context: Drax Biomass Inc. 401(K) Plan

EIN 99-0371042 • Atlanta, GA • 22 filings • 2 plans

5 Concourse ParkwaySuite 3100Atlanta, GA 30328
Current Snapshot

Latest Year

2024

2024 Participants

494

2024 Assets

$26,119,330

2024 Contributions

$6,094,292

Historical Graphs

Total Assets Over Time

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

$26,119,330$13,059,665$0201420192024YearValue
$26,119,330Latest year 2024

Participants Over Time

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

4942470201420192024YearValue
494Latest year 2024

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
20242494$26,119,330$6,094,292$12,337iApproximate average salary by contribution assumption: employee only about $308,416 at 4% or $205,610 at 6%; with 50% employer match about $205,610 at 4% or $137,074 at 6%; with 100% employer match about $154,208 at 4% or $102,805 at 6%.
Drax Biomass Inc. 401(K) Plan-494$26,119,330$6,094,292$12,337iApproximate average salary by contribution assumption: employee only about $308,416 at 4% or $205,610 at 6%; with 50% employer match about $205,610 at 4% or $137,074 at 6%; with 100% employer match about $154,208 at 4% or $102,805 at 6%.
Drax Biomass Welfare Benefit Plan-494---
20232481$16,775,655$5,154,973$10,717iApproximate average salary by contribution assumption: employee only about $267,930 at 4% or $178,620 at 6%; with 50% employer match about $178,620 at 4% or $119,080 at 6%; with 100% employer match about $133,965 at 4% or $89,310 at 6%.
Drax Biomass Inc. 401(K) Plan-481$16,775,655$5,154,973$10,717iApproximate average salary by contribution assumption: employee only about $267,930 at 4% or $178,620 at 6%; with 50% employer match about $178,620 at 4% or $119,080 at 6%; with 100% employer match about $133,965 at 4% or $89,310 at 6%.
Drax Biomass Welfare Benefit Plan-475---
20222296$10,792,093$2,753,115$9,301iApproximate average salary by contribution assumption: employee only about $232,527 at 4% or $155,018 at 6%; with 50% employer match about $155,018 at 4% or $103,345 at 6%; with 100% employer match about $116,263 at 4% or $77,509 at 6%.
Drax Biomass Inc. 401(K) Plan-283$10,792,093$2,753,115$9,728iApproximate average salary by contribution assumption: employee only about $243,208 at 4% or $162,139 at 6%; with 50% employer match about $162,139 at 4% or $108,092 at 6%; with 100% employer match about $121,604 at 4% or $81,069 at 6%.
Drax Biomass Welfare Benefit Plan-296---
20212259$12,430,969$2,802,171$10,819iApproximate average salary by contribution assumption: employee only about $270,480 at 4% or $180,320 at 6%; with 50% employer match about $180,320 at 4% or $120,213 at 6%; with 100% employer match about $135,240 at 4% or $90,160 at 6%.
Drax Biomass Inc. 401(K) Plan-257$12,430,969$2,802,171$10,903iApproximate average salary by contribution assumption: employee only about $272,585 at 4% or $181,723 at 6%; with 50% employer match about $181,723 at 4% or $121,149 at 6%; with 100% employer match about $136,292 at 4% or $90,862 at 6%.
Drax Biomass Welfare Benefit Plan-259---
20202278$9,364,022$2,387,416$8,588iApproximate average salary by contribution assumption: employee only about $214,696 at 4% or $143,130 at 6%; with 50% employer match about $143,130 at 4% or $95,420 at 6%; with 100% employer match about $107,348 at 4% or $71,565 at 6%.
Drax Biomass Inc. 401(K) Plan-275$9,364,022$2,387,416$8,682iApproximate average salary by contribution assumption: employee only about $217,038 at 4% or $144,692 at 6%; with 50% employer match about $144,692 at 4% or $96,461 at 6%; with 100% employer match about $108,519 at 4% or $72,346 at 6%.
Drax Biomass Welfare Benefit Plan-278---
20192255$6,096,707$1,702,080$6,675iApproximate average salary by contribution assumption: employee only about $166,871 at 4% or $111,247 at 6%; with 50% employer match about $111,247 at 4% or $74,165 at 6%; with 100% employer match about $83,435 at 4% or $55,624 at 6%.
Drax Biomass Inc. 401(K) Plan-247$6,096,707$1,702,080$6,891iApproximate average salary by contribution assumption: employee only about $172,275 at 4% or $114,850 at 6%; with 50% employer match about $114,850 at 4% or $76,567 at 6%; with 100% employer match about $86,138 at 4% or $57,425 at 6%.
Drax Biomass Welfare Benefit Plan-255---
20182243$3,977,852$1,676,678$6,900iApproximate average salary by contribution assumption: employee only about $172,498 at 4% or $114,998 at 6%; with 50% employer match about $114,998 at 4% or $76,666 at 6%; with 100% employer match about $86,249 at 4% or $57,499 at 6%.
Drax Biomass Inc. 401(K) Plan-222$3,977,852$1,676,678$7,553iApproximate average salary by contribution assumption: employee only about $188,815 at 4% or $125,877 at 6%; with 50% employer match about $125,877 at 4% or $83,918 at 6%; with 100% employer match about $94,408 at 4% or $62,938 at 6%.
Drax Biomass Welfare Benefit Plan-243---
20172241$3,301,810$1,252,388$5,197iApproximate average salary by contribution assumption: employee only about $129,916 at 4% or $86,611 at 6%; with 50% employer match about $86,611 at 4% or $57,740 at 6%; with 100% employer match about $64,958 at 4% or $43,305 at 6%.
Drax Biomass Inc. 401(K) Plan-225$3,301,810$1,252,388$5,566iApproximate average salary by contribution assumption: employee only about $139,154 at 4% or $92,769 at 6%; with 50% employer match about $92,769 at 4% or $61,846 at 6%; with 100% employer match about $69,577 at 4% or $46,385 at 6%.
Drax Biomass Welfare Benefit Plan-241---
20162171$2,171,523$1,096,863$6,414iApproximate average salary by contribution assumption: employee only about $160,360 at 4% or $106,907 at 6%; with 50% employer match about $106,907 at 4% or $71,271 at 6%; with 100% employer match about $80,180 at 4% or $53,453 at 6%.
Drax Biomass Inc. 401(K) Plan-143$2,171,523$1,096,863$7,670iApproximate average salary by contribution assumption: employee only about $191,759 at 4% or $127,840 at 6%; with 50% employer match about $127,840 at 4% or $85,226 at 6%; with 100% employer match about $95,880 at 4% or $63,920 at 6%.
Drax Biomass Welfare Benefit Plan-171---
20152149$1,207,071$788,413$5,291iApproximate average salary by contribution assumption: employee only about $132,284 at 4% or $88,189 at 6%; with 50% employer match about $88,189 at 4% or $58,793 at 6%; with 100% employer match about $66,142 at 4% or $44,095 at 6%.
Drax Biomass Inc. 401(K) Plan-132$1,207,071$788,413$5,973iApproximate average salary by contribution assumption: employee only about $149,321 at 4% or $99,547 at 6%; with 50% employer match about $99,547 at 4% or $66,365 at 6%; with 100% employer match about $74,660 at 4% or $49,774 at 6%.
Drax Biomass Welfare Benefit Plan-149---
20142139$884,872$872,716$6,279iApproximate average salary by contribution assumption: employee only about $156,963 at 4% or $104,642 at 6%; with 50% employer match about $104,642 at 4% or $69,761 at 6%; with 100% employer match about $78,482 at 4% or $52,321 at 6%.
Drax Biomass Inc. 401(K) Plan-32$884,872$872,716$27,272iApproximate average salary by contribution assumption: employee only about $681,809 at 4% or $454,540 at 6%; with 50% employer match about $454,540 at 4% or $303,026 at 6%; with 100% employer match about $340,905 at 4% or $227,270 at 6%.
Drax Biomass Welfare Benefit Plan-139---
Drax Biomass Inc. | EIN 99-0371042 | 2024 Form 5500 Company Profile