Plan Snapshot
- Plan Sponsor: Drummond Company, INC.
- Sponsor EIN: 630653224
- Sponsor Address: P.O. BOX 10246, BIRMINGHAM, AL, 35202
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 271
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 271 | $0 | $7.0M | $0 |
| 2023 | 277 | $0 | $4.7M | $0 |
| 2022 | 265 | $0 | $4.6M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VIVA HEALTH | Other Service Provider | $164,391 | — | $164,391 |
| CAREMARK | Other Service Provider | $10,300 | — | $10,300 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $174,691
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $174,691 | — | $174,691 | — | — |
| 2023 | $177,897 | — | $177,897 | — | — |
| 2022 | $181,928 | — | $181,928 | — | — |