How big is Driveco, Inc.'s plan?

Driveco, Inc.'s plan reported $231K in assets and 33 participants for 2024.

Original filing (PDF)20250602084545NAL0006663171001

Driveco, Inc.

Name: Driveco, Inc. — Driveco, Inc. 401(k) Plan, Form 5500 (2024)
Creator: Driveco, Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Driveco, Inc. 401(k) Plan

401(k) retirement plan · Driveco, Inc.'s Driveco, Inc. 401(k) Plan held $231K in plan assets for 33 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$231K

Net assets (EOY)

$231K

People on this filing

Jason Ludwig signed Driveco, Inc.'s 2024 Form 5500 as plan administrator.

Jason Ludwig — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Driveco, Inc.'s EIN is 47-1595175.

EIN 47-1595175

Plan number 001

Plan year 2024

ACK ID 20250602084545NAL0006663171001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

Driveco, Inc.'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

Above-average plan

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

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (16th percentile).

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.

Plan sponsor

Name

DRIVECO, INC.

EIN

all filings

Address

5031 INDUSTRIAL RD · FORT WAYNE, IN · 46825

Phone

(260) 482-8447

Industry

Transportation & Warehousing

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-06-02

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Service providers (Schedule C)

Small plans don't disclose service providers

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