Plan Snapshot
- Plan Sponsor: Vulcan Materials Company
- Sponsor EIN: 208579133
- Sponsor Address: 1200 URBAN CENTER DRIVE, BIRMINGHAM, AL, 35242
- Plan Type: 401(k)
- Total Participants: 9,218
- Total Assets: $1.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 9,218 | $1.5B | $70.7M | $69.0M |
| 2023 | 8,626 | $1.4B | $78.5M | $67.9M |
| 2022 | 9,486 | $1.1B | $67.6M | $66.3M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | NONE | $1,937,215 | — | $1,937,215 |
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $576,203 | — | $576,203 |
| METROPOLITAN LIFE INSURANCE COMPANY | NONE | $330,594 | — | $330,594 |
| WARREN AVERETT | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,844,012
- Estimated Expense Ratio: 0.193% 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 | $2,516,118 | $1,937,215 | — | — | — |
| 2023 | $2,207,359 | $1,664,732 | — | — | — |
| 2022 | $2,029,331 | $1,549,868 | — | — | $3,600 |