Plan Snapshot
- Plan Sponsor: Drake Office Overload, INC.
- Sponsor EIN: 954555406
- Sponsor Address: 7776 SOUTH POINTE PARKWAY WEST, PHOENIX, AZ, 85044
- Plan Type: 401(k)
- Total Participants: 177
- Total Assets: $5.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 177 | $5.1M | $381,057 | $770,208 |
| 2023 | 167 | $5.1M | $280,729 | $566,299 |
| 2022 | 167 | $3.4M | $208,918 | $470,011 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KIMBERLIN COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KIMBERLIN COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $44,071 | — | $44,071 | — | — |
| 2023 | $42,983 | — | $42,983 | — | — |
| 2022 | $29,642 | — | $29,642 | — | — |