DRN Enterprises, Inc. DBA Arrow Lift Accessibility 401(k) match, vesting and fees
What DRN Enterprises, Inc. DBA Arrow Lift Accessibility's 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 | John Hancock | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| DRN Enterprises, Inc. DBA Arrow Lift Accessibility: employer contribution per participant | $2,452 | |
| Peer median | $1,847 |
| DRN Enterprises, Inc. DBA Arrow Lift Accessibility: average balance | $44,389 | |
| Peer median | $65,512 |
| DRN Enterprises, Inc. DBA Arrow Lift Accessibility: admin expenses ÷ assets | 1.29% | |
| 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 $5.5M at the end of plan year 2021 to $6.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 138 | $6.1M | $338K | $2,452 | 1.29% | Not published | Form 5500 ↗ |
| 2023 | 142 | $5.7M | $283K | $2,008 | 1.19% | Not published | Form 5500 ↗ |
| 2022 | 136 | $4.4M | $243K | $1,786 | 1.10% | Not published | 5500-SF ↗ |
| 2021 | 120 | $5.5M | $207K | $1,726 | 0.91% | Not published | 5500-SF ↗ |
Common questions
Does DRN Enterprises, Inc. DBA Arrow Lift Accessibility match 401(k) contributions?
The match terms for the Arrow Lift Unity Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $338K in employer contributions, about $2,452 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the DRN Enterprises, Inc. DBA Arrow Lift Accessibility 401(k) match vested?
The vesting schedule for the Arrow Lift Unity Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the DRN Enterprises, Inc. DBA Arrow Lift Accessibility 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock. The plan administrator is Drn Enterprises, Inc. DBA Arrow Lift Accessibility.
I left DRN Enterprises, Inc. DBA Arrow Lift Accessibility. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Drn Enterprises, Inc. DBA Arrow Lift Accessibility, (218) 279-6043) or the recordkeeper, John Hancock. The DRN Enterprises, Inc. DBA Arrow Lift Accessibility old 401(k) page lists the contacts from every plan filing. Find an old DRN Enterprises, Inc. DBA Arrow Lift Accessibility 401(k)
Data from the public Form 5500 annual reports DRN Enterprises, Inc. DBA Arrow Lift Accessibility filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 DRN Enterprises, Inc. DBA Arrow Lift Accessibility. Not financial advice. Report a correction · Methodology