Department of Labor filing

DRIVE MEDICAL DESIGN & MANUFACTURING

DRIVE DEVILBISS HEALTHCARE 401(K) PLAN · For the plan year ended Dec 31, 2024

Legal sponsor: MEDICAL DEPOT, INC.

Public filing 2024 · received Sep 12, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

31filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,777

Reported employer contributions per active participant.

Higher than about 31% of comparable plans

#People in the filing

864

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$137 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 33% of comparable plans

↗Investment performance

Not available

Plan assets changed 19.2%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202431out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions31st percentileTypical peer $2,689 · based on 245 comparable plans

Lower reported administrative expense33rd percentileTypical peer $98 · based on 238 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, DRIVE MEDICAL DESIGN & MANUFACTURING reported $1,535,679 in employer contributions across the plan and 864 active participants. That works out to $1,777 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy83%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 4.4%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 22.9%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context31/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,535,679
Participant contributions: $5,436,840
Other contributions: $818,559
Employer share of reported contributions: 22.0%
Beginning assets: $65,088,848
Ending assets: $77,581,689
Ending net assets: $77,581,689
Ending liabilities: $0
Total income: $17,487,538
Total expenses: $4,994,697
Administrative expenses: $145,635
Participant loans: $2,014,310

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,702

2023

$1,729

2024

$1,777

Plan-paid administrative expenses per participant

2022

$177

2023

$195

2024

$137

Active participants

2022

808

2023

850

2024

864

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,777	864	77.6M	20250912144748NAL0002765538001
2023	$1,729	850	65.1M	20241011163243NAL0012758867001
2022	$1,702	808	58.1M	20230920103442NAL0001279443001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.6%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 113525013-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2010
Industry: Industry group 339
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T

Current plan terms

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Filing ACK_ID20250912144748NAL0002765538001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗