Who sponsors the Drummond Company, Inc. Savings Plan For Salaried Employees?

Drummond Company, Inc. Savings Plan For Salaried Employees is reported as sponsored by Drummond Company, Inc. Savings Plan For Salaried Employees (EIN 63-0653224, plan number 005) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Drummond Company, Inc. Savings Plan For Salaried Employees?

The latest Form 5500 filing year loaded for Drummond Company, Inc. Savings Plan For Salaried Employees is 2023.

How many participants does Drummond Company, Inc. Savings Plan For Salaried Employees report?

Drummond Company, Inc. Savings Plan For Salaried Employees reports 749 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Drummond Company, Inc. Savings Plan For Salaried Employees?

Drummond Company, Inc. Savings Plan For Salaried Employees reports $119,179,693 in end-of-year plan assets in its latest loaded Form 5500 filing.

Drummond Company, Inc. Savings Plan For Salaried Employees — Form 5500 plan (Drummond Company, Inc. Savings Plan For Salaried Employees)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Drummond Company, Inc. Savings Plan For Salaried Employees is a benefit plan reported by Drummond Company, Inc. Savings Plan For Salaried Employees under EIN 63-0653224 and plan number 005. The latest loaded filing year is 2023. The filing reports 749 participants and $119,179,693 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$119.2MPlan net assets, end of year$119,179,693

Participants749Covered participants reported

Assets / participant$159.1KComputed: assets ÷ participants$159,118 (computed)

Provider compensation$24.5K1 Schedule C provider row(s)$24,491

Plan sponsor: Drummond Company, Inc. Savings Plan For Salaried Employees
EIN: 63-0653224
Plan number: 005
Plan type: 2
Location: Birmingham, AL
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	749	H, C	20241014101614NAL0045590096001

Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$119.2M total assets

Net assets$119.2MLiabilities$0

Money in vs. money out

Total income / additions$23.2M

Total expenses$9.4M

Benefits paid / distributions$9.4M

Contributions

Employer$1.1M

Participant$3.9M

Full reported line items

Net assets

Total assets (EOY): $119,179,693
Total liabilities (EOY): $0
Net assets (EOY): $119,179,693
Net assets (BOY): $105,385,250

Income & contributions

Employer contributions: $1,077,649
Participant contributions: $3,882,906
Total contributions: $5,630,224
Total income / additions: $23,211,706

Expenses & distributions

Benefits paid: $9,392,772
Administrative expenses: $24,491
Total expenses: $9,417,263
Net increase / (decrease): $13,794,443

Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)

22%78%

Employer 22%Participant 78%

Total expenses ÷ net assets8%Computed ratio

Benefits paid ÷ total income40%Computed ratio

Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Vanguard	not reported in the loaded dataset	$24,491	not reported in the loaded dataset	2023