Drax Biomass 401(k) match, vesting and fees
What Drax Biomass' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Hlb Gross Collins, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 3,042 defined-contribution plans in manufacturing with 100 to 499 participants.
| Drax Biomass: employer contribution per participant | $5,306 | |
| Peer median | $1,962 |
| Drax Biomass: average balance | $74,650 | |
| Peer median | $75,225 |
| Drax Biomass: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $12.4M at the end of plan year 2021 to $35.2M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 590 | $35.2M | $2.5M | $5,306 | 0.15% | Not published | Form 5500 ↗ |
| 2024 | 615 | $26.1M | $2.5M | $5,090 | 0.23% | Not published | Form 5500 ↗ |
| 2023 | 530 | $16.8M | $1.5M | $3,876 | 0.24% | Not published | Form 5500 ↗ |
| 2022 | 323 | $10.8M | $1.1M | $4,665 | 0.20% | Not published | Form 5500 ↗ |
| 2021 | 258 | $12.4M | $1M | $4,585 | 0.14% | Not published | Form 5500 ↗ |
Common questions
Does Drax Biomass match 401(k) contributions?
The match terms for the Drax Biomass Inc. 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $2.5M in employer contributions, about $5,306 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Drax Biomass 401(k) match vested?
The vesting schedule for the Drax Biomass Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Drax Biomass 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Drax Biomass Inc..
I left Drax Biomass. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Drax Biomass Inc., (318) 582-4300) or the recordkeeper, Fidelity Investments Institutional. The Drax Biomass old 401(k) page lists the contacts from every plan filing. Find an old Drax Biomass 401(k)
Data from the public Form 5500 annual reports Drax Biomass filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Drax Biomass. Not financial advice. Report a correction · Methodology