Who sponsors the Drummond Company, Inc. Steelworkers 401(K) Plan?

Drummond Company, Inc. Steelworkers 401(K) Plan is reported as sponsored by Drummond Company, Inc. (EIN 63-0653224, plan number 006) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Drummond Company, Inc. Steelworkers 401(K) Plan?

The latest Form 5500 filing year loaded for Drummond Company, Inc. Steelworkers 401(K) Plan is 2023.

How many participants does Drummond Company, Inc. Steelworkers 401(K) Plan report?

Drummond Company, Inc. Steelworkers 401(K) Plan reports 256 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Drummond Company, Inc. Steelworkers 401(K) Plan?

Drummond Company, Inc. Steelworkers 401(K) Plan reports $16,930,340 in end-of-year plan assets in its latest loaded Form 5500 filing.

Drummond Company, Inc. Steelworkers 401(K) Plan — Form 5500 plan (Drummond Company, Inc.)

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. Steelworkers 401(K) Plan is a benefit plan reported by Drummond Company, Inc. under EIN 63-0653224 and plan number 006. The latest loaded filing year is 2023. The filing reports 256 participants and $16,930,340 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.9MPlan net assets, end of year$16,930,340

Participants256Covered participants reported

Assets / participant$66.1KComputed: assets ÷ participants$66,134 (computed)

Provider compensation$6.9K1 Schedule C provider row(s)$6,930

Plan sponsor: Drummond Company, Inc.
EIN: 63-0653224
Plan number: 006
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	256	H, C	20241014101743NAL0027005617001

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)$16.9M total assets

Net assets$16.9MLiabilities$0

Money in vs. money out

Total income / additions$3.9M

Total expenses$1.8M

Benefits paid / distributions$1.8M

Contributions

Employer$370.6K

Participant$1.3M

Full reported line items

Net assets

Total assets (EOY): $16,930,340
Total liabilities (EOY): $0
Net assets (EOY): $16,930,340
Net assets (BOY): $14,837,698

Income & contributions

Employer contributions: $370,612
Participant contributions: $1,254,810
Total contributions: $1,625,422
Total income / additions: $3,904,583

Expenses & distributions

Benefits paid: $1,805,011
Administrative expenses: $6,930
Total expenses: $1,811,941
Net increase / (decrease): $2,092,642

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)

23%77%

Employer 23%Participant 77%

Total expenses ÷ net assets11%Computed ratio

Benefits paid ÷ total income46%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	$6,930	not reported in the loaded dataset	2023