Drake Extrusion Inc. 401(k) Plan: Login, Facts & Contact Information

Drake Extrusion Inc. 401(k) Plan Facts

Plan name
DRAKE EXTRUSION INC. RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DRAKE EXTRUSION INC.
Participants
286 (241 active employees)
Former employees with a balance
38
Plan assets
$11,042,164 at Dec 31, 2024
Average account balance
$44,705 across 247 accounts
Employer contributions
$437,368 in plan year 2024 (43% of all contributions)
Recordkeeper
Adp, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 1996
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 30, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.03 million went into the plan in contributions, $437,368 of it from the employer (43%).
  • $1.29 million was paid out to participants.
  • Investment and other income added $1.39 million.
  • Administrative expenses were $10,714, about $43 per account.

How the Drake Extrusion Inc. 401(k) changed, 20182024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018323$5.55 million$182,011$493,599
2020349$8.04 million$319,080$647,121
2021384$9.97 million$333,789$493,473
2022412$8.55 million$367,607$1.00 million
2023372$9.94 million$413,120$881,040
2024286$11.0 million$437,368$1.29 million

Drake Extrusion Inc. 401(k) Contact Information

Phone
276-632-0159
Mailing address
P O BOX 4868, MARTINSVILLE VA 24115
Plan sponsor
DRAKE EXTRUSION INC.
Employer identification number (EIN)
54-1764685
Plan number
001

Questions about the Drake Extrusion Inc. 401(k)

Does Drake Extrusion Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $437,368, 43% of all contributions.

Does the Drake Extrusion Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Drake Extrusion Inc 401(k) plan?

286 participants at the start of plan year 2024, 241 of them active employees, and 38 former employees who still had money in the plan.

What is the average 401(k) balance at Drake Extrusion Inc?

About $44,705 per account: $11.0 million in plan assets across 247 accounts with a balance at the end of plan year 2024.

Who manages the Drake Extrusion Inc 401(k) accounts?

ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Drake Extrusion Inc. How do I access my 401(k)?

Your account stays with ADP Retirement Services after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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