How big is Driven Electric's plan?

Driven Electric's plan reported $1.5M in assets and 8 participants for 2024.

Original filing (PDF)20250618105357NAL0003334192001

Driven Electric

Name: Driven Electric — Driven Electric 401(k) Profit, Form 5500 (2024)
Creator: Driven Electric
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Driven Electric 401(k) Profit Sharing Plan & Trust

401(k) retirement plan · Driven Electric's Driven Electric 401(k) Profit Sharing Plan & Trust held $1.5M in plan assets for 8 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$1.5M

Net assets (EOY)

$1.5M

Plan identifiers

Driven Electric's EIN is 27-2484500.

EIN 27-2484500

Plan number 001

Plan year 2024

ACK ID 20250618105357NAL0003334192001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Driven Electric from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Driven Electric's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High account-holder ratio — balance-holders per active participant in the top 15% of peers (87th percentile).

Plan sponsor

Name

DRIVEN ELECTRIC

EIN

all filings

Address

PO BOX 174 · MAPLE LAKE, MN · 553580174

Phone

(612) 750-0920

Industry

Electrical Contractors· Construction

Plan administrator