# Drummond Company, INC. DC Plan
Source: https://planprovider.pro/companies/drummond-company-inc-savings-plan-for-salaried-employees-plan

> Drummond Company, INC.&#39;s DC plan: 473 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Drummond Company, INC.

- **Sponsor EIN:** 630653224

- **Sponsor Address:** P.O. BOX 10246, BIRMINGHAM, AL, 35202

- **Plan Type:** DC

- **Total Participants:** 473

- **Total Assets:** $125.5M

## 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|473|$125.5M|$1.2M|$4.1M|

| 2023|469|$119.2M|$1.1M|$3.9M|

| 2022|451|$105.4M|$1.1M|$3.7M|

## 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|

| VANGUARD|Other Service Provider|$26,572|—|$26,572|

| BLACK & PINCKARD|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [VANGUARD](https://planprovider.pro/provider/the-vanguard-group-inc) — Other Service Provider

- [BLACK & PINCKARD](https://planprovider.pro/provider/black-and-pinckard-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $26,572

- **Estimated Expense Ratio:** 0.021% 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|$26,572|—|—|—|—|

| 2023|$24,491|—|—|—|—|

| 2022|$28,325|—|—|—|$28,325|

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