Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

DRUMMOND COMPANY, INC. REVISED PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

DRUMMOND COMPANY, INC.

This Defined Benefit (Pension) plan holds $184M in total assets and serves 327 participants as of 2022. It is sponsored by DRUMMOND COMPANY, INC. in Alabama. The plan reported a net loss of $51M for the year.

Total Assets (2023)
$184M
Participants
327
State
Industry
Mining & Oil Extraction

What the Filing Says About DRUMMOND COMPANY, INC. REVISED PENSION PLAN

DRUMMOND COMPANY, INC. REVISED PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by DRUMMOND COMPANY, INC., headquartered in Alabama. As of the 2022 Form 5500 filing, the plan reports $184M in total end-of-year assets and covers 327 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 630653224, and the plan has been effective since 1986-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $235M at the beginning of 2022 to $184M at year-end — a decline of 21.8%. Net assets (after liabilities) closed the year at $184M, with reported net income of $-51,317,598 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$235M
Total Assets (End of Year)$184M
Net Assets (End of Year)$184M
Net Income$-51,317,598
Plan TypeDefined Benefit (Pension)
Employer EIN630653224
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (DRUMMOND COMPANY, INC.)

Year Plans Participants Total Assets
2022 4 1,273 $347M
2023 4 1,212 $389M
2024 3 944 $365M

Nearby Defined Benefit (Pension) Plans in Alabama

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the DRUMMOND COMPANY, INC. REVISED PENSION PLAN?
As of the 2022 Form 5500 filing, DRUMMOND COMPANY, INC. REVISED PENSION PLAN holds $184M in total assets with 327 participants. It is sponsored by DRUMMOND COMPANY, INC..
What type of plan is DRUMMOND COMPANY, INC. REVISED PENSION PLAN?
DRUMMOND COMPANY, INC. REVISED PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1986-01-01. The plan is filed with the U.S. Department of Labor under EIN 630653224.
Who sponsors the DRUMMOND COMPANY, INC. REVISED PENSION PLAN?
DRUMMOND COMPANY, INC. REVISED PENSION PLAN is sponsored by DRUMMOND COMPANY, INC., located in Alabama. The sponsor's EIN is 630653224 and the plan operates in the Mining & Oil Extraction industry.
How did DRUMMOND COMPANY, INC. REVISED PENSION PLAN perform in 2022?
DRUMMOND COMPANY, INC. REVISED PENSION PLAN declined by 21.8% during 2022, moving from $235M to $184M in total assets. Net income was $-51,317,598.
Where can I find official filings for DRUMMOND COMPANY, INC. REVISED PENSION PLAN?
Official Form 5500 filings for DRUMMOND COMPANY, INC. REVISED PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 630653224 or plan name at efast.dol.gov.
How does DRUMMOND COMPANY, INC. REVISED PENSION PLAN compare to other plans?
You can compare DRUMMOND COMPANY, INC. REVISED PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 630653224.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.