DRAKEN INTERNATIONAL, INC. 401(K) PLAN
Plan Contact
- Address: 3330 FLIGHTLINE DRIVE,LAKELAND,FL
- Contact person: SARAH HARRISON
- Phone: (800) 936-4079
Plan General Information
DRAKEN INTERNATIONAL, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of DRAKEN INTERNATIONAL, INC. 401(K) PLAN is $3,345,466.00.This plan was established in 2017.
DRAKEN INTERNATIONAL, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in DRAKEN INTERNATIONAL, INC. 401(K) PLAN is 301
DRAKEN INTERNATIONAL, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for DRAKEN INTERNATIONAL, INC. 401(K) PLAN is $11,114.00
DRAKEN INTERNATIONAL, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for DRAKEN INTERNATIONAL, INC. 401(K) PLAN is $1,455.00.
DRAKEN INTERNATIONAL, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in DRAKEN INTERNATIONAL, INC. 401(K) PLAN is approximately $999.00
Investing in this additonal $999.00 for 20 years would give you extra $63,969.00, assuming a 10% annual return.
Investing in this additonal $999.00 for 20 years would give you extra $63,969.00, assuming a 10% annual return.
DRAKEN INTERNATIONAL, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, DRAKEN INTERNATIONAL, INC. 401(K) PLAN allocates $300,855.00 to match its employees' contributions, providing an employer match rate of 59.12% of their contributions
DRAKEN INTERNATIONAL, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of DRAKEN INTERNATIONAL, INC. 401(K) PLAN is 25.24%.
DRAKEN INTERNATIONAL, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for DRAKEN INTERNATIONAL, INC. 401(K) PLAN is 19.20%. This measures the effectiveness of the plan participants' investments in the year.
DRAKEN INTERNATIONAL, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of DRAKEN INTERNATIONAL, INC. 401(K) PLAN is 1.22%.
Enrollment Features
DRAKEN INTERNATIONAL, INC. 401(K) PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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