Plan Snapshot
- Plan Sponsor: Draken International, INC.
- Sponsor EIN: 454072151
- Sponsor Address: 3330 FLIGHTLINE DRIVE, LAKELAND, FL, 33811
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $4.2M
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 | 151 | $4.2M | $346,558 | $588,043 |
| 2023 | 146 | $3.3M | $300,855 | $508,858 |
| 2022 | 174 | $2.7M | $508,293 | $857,987 |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — 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 | $52,485 | $773 | $49,412 | — | — |
| 2023 | $40,665 | $568 | $37,836 | — | — |
| 2022 | $33,638 | $458 | $33,180 | — | — |