Plan Snapshot
- Plan Sponsor: Drummond Company, INC.
- Sponsor EIN: 630653224
- Sponsor Address: P.O. BOX 10246, BIRMINGHAM, AL, 35202
- Plan Type: DB
- Total Participants: 252
- Total Assets: $221.5M
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 | 252 | $221.5M | $0 | $0 |
| 2023 | 269 | $203.5M | $0 | $0 |
| 2022 | 291 | $183.9M | $0 | $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 |
|---|---|---|---|---|
| STONEGATE INVESTMENT GROUP | Other Service Provider | $308,260 | — | $308,260 |
| ZEIGLAR CAPITAL MANAGEMENT, LLC | Other Service Provider | $254,207 | — | $254,207 |
| BLACKROCK | Other Service Provider | $159,964 | — | $159,964 |
| MADISON | Other Service Provider | $123,760 | — | $123,760 |
| NWPS | Other Service Provider | $46,135 | — | $46,135 |
| FIRST STATE TRUST COMPANY | Other Service Provider | $36,749 | — | $36,749 |
| AXA EQUITABLE | Other Service Provider | $15,166 | — | $15,166 |
| BLACK & PINCKARD | Other Service Provider | $11,000 | — | $11,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MADISON — Other Service Provider
- NWPS — Other Service Provider
- AXA EQUITABLE — Other Service Provider
- BLACK & PINCKARD — Other Service Provider
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $955,241
- Estimated Expense Ratio: 0.431% of plan assets
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 | $955,241 | $764,070 | — | — | — |
| 2023 | $904,862 | $743,323 | — | — | — |
| 2022 | $1,022,181 | $839,111 | — | — | $183,070 |