How big is Performance Drone Works' plan?

Performance Drone Works' plan reported $3.0M in assets and 116 participants for 2024.

Original filing (PDF)20251015135857NAL0006330896001

Performance Drone Works

Name: Performance Drone Works — Performance Drone Works, Form 5500 (2024)
Creator: Performance Drone Works
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Performance Drone Works 401(k) Plan

401(k) retirement plan · Performance Drone Works' Performance Drone Works 401(k) Plan held $3.0M in plan assets for 116 participants in 2024.

Signals · 3

Late participant contributionsPossibly inadequate fidelity bond37% in single holding

Active participants

116

Accounts w/ balance

119

Plan assets (EOY)

$3.0M

Net assets (EOY)

$3.0M

People on this filing

Tom Inman signed Performance Drone Works' 2024 Form 5500 as plan administrator.

Tom Inman — 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

Performance Drone Works' EIN is 83-0565412.

EIN 83-0565412

Plan number 001

Plan year 2024

ACK ID 20251015135857NAL0006330896001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

Performance Drone Works' plan includes profit-sharing, a 401(k) feature, ERISA 404(c) participant direction.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for PERFORMANCE DRONE WORKS.

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How this plan invests

This plan

37 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

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.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 342K (24% of contributions).
Fidelity bond appears below the 10%-of-assets requirement.

Plan sponsor

Name

PERFORMANCE DRONE WORKS

EIN

all filings

Address

400 DIAMOND DRIVE NORTHWEST · HUNTSVILLE, AL · 35806

Phone

(256) 603-1252

Industry

Manufacturing

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

2025-10-15

Pension benefit codes

2A · Age/service weighted or new comparability

2E · Profit-sharing

2J · 401(k) feature

2K · 401(m) arrangement

2F · ERISA section 404(c)

2G · Total participant-directed accounts

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

Audit & trust (Schedule H)

Service providers (Schedule C)

No Schedule C providers reported

Investments

37 direct securities· $2.9M(96% of reported assets)

Mutual Funds

$1.1M

12 holdings

Common Collective Trusts

$1.1M

1 holding

Other securities

$601K

22 holdings

Participant loans

$53K

1 holding

U.S. Treasuries

$2K

1 holding

					% of plan
SPDR Portfolio S&P 500 ETF	Common Collective Trusts	—	—	$1.1M	35.8%
Vanguard FTSE Developed Markets	Mutual Funds	—	—	$626K	21.2%
iShares Core Total US Bond Market ETF	Other securities	—	—	$227K	7.7%
Vanguard FTSE Emerging Markets	Mutual Funds	—	—	$226K	7.6%
SPDR Portfolio S&P 400 Mid Cap	Other securities	—	—	$144K	4.9%
SPDR Portfolio S&P 600 Small Cap ETF	Other securities	—	—	$109K	3.7%
Vanguard Total Stock Market ETF	Mutual Funds	—	—	$93K	3.2%
Invesco QQQ Trust	Mutual Funds	—	—	$56K	1.9%
Participant loans	Participant loans	—	—	$53K	1.8%
Vanguard Total International Bond ETF	Mutual Funds	—	—	$50K	1.7%
iShares Emerging Markets USD Bond ETF	Other securities	—	—	$46K	1.5%
Vanguard Value ETF	Mutual Funds	—	—	$29K	1.0%
Vanguard Small-Cap Value ETF	Mutual Funds	—	—	$17K	0.6%
Goldman Sachs Access U.S. Aggregate Bond ETF	Other securities	—	—	$15K	0.5%
Vanguard U.S. Large-cap Growth Equity ETF	Mutual Funds	—	—	$10K	0.4%
Schwab U.S. REIT ETF	Mutual Funds	—	—	$9K	0.3%
Vanguard Dividend Appreciation ETF	Mutual Funds	—	—	$9K	0.3%
iShares 0-5 Year TIPS Bond ETF	Other securities	—	—	$8K	0.3%
Goldman Sachs ActiveBeta US Large Cap Equity	Other securities	—	—	$7K	0.2%
Goldman Sachs Access Investment Grade Corporate Bond ETF	Other securities	—	—	$7K	0.2%
SPDR S&P Kensho New Economies Composite ETF	Other securities	—	—	$7K	0.2%
Goldman Sachs TreasuryAccess 01 Year ETF	Other securities	—	—	$6K	0.2%
iShares MBS	Other securities	—	—	$6K	0.2%
Xtrackers USD High Yield Corporate Bond	Other securities	—	—	$4K	0.1%
Vanguard Global ex-U.S. Real Estate ETF	Mutual Funds	—	—	$4K	0.1%
iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF	Other securities	—	—	$4K	0.1%
JPMorgan Ultra-Short Income	Other securities	—	—	$4K	0.1%
Vanguard Large-Cap ETF - DNQ	Mutual Funds	—	—	$4K	0.1%
Vanguard LongTerm Government Bond	U.S. Treasuries	—	—	$2K	<0.1%
Goldman Sachs ActiveBeta International Equity	Other securities	—	—	$2K	<0.1%
Goldman Sachs Access Inflation Protected USD Bond ETF	Other securities	—	—	$1K	<0.1%
Goldman Sachs ActiveBeta Europe Equity ETF	Other securities	—	—	$1K	<0.1%
Goldman Sachs Access High Yield Corporate Bond ETF	Other securities	—	—	$881	<0.1%
Goldman Sachs ActiveBeta Japan Equity ETF	Other securities	—	—	$655	<0.1%
Goldman Sachs Access Emerging Markets USD Bond ETF	Other securities	—	—	$434	<0.1%
Goldman Sachs ActiveBeta Emerging Markets Equity	Other securities	—	—	$134	<0.1%
Goldman Sachs ActiveBeta US Small Cap Equity ETF	Other securities	—	—	$78	<0.1%