401(k) · DOL Form 5500 · 2022

Drummond Company, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
220
Participants Below avg headcount
72nd
Percentile by assets National rank
$67,444
Avg per participant Below avg balance/head
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Official DOL plan name: Drummond Company, Inc. Steelworkers 401(k) Plan · Sponsored by Drummond Company, Inc. · Alabama · Mining & Oil Extraction

$15M in assets, 220 participants

Drummond Company, Inc.'s Drummond Company, Inc. Steelworkers 401(k) Plan reported $15M in total assets and 220 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #490 in Mining & Oil Extraction (892 peers)

Drummond Company, Inc. multi-year trail

Drummond Company, Inc.'s plans moved +20.4% in assets from 2022 to 2024; this filing shows Drummond Company, Inc. Steelworkers 401(k) Plan at $15M / 220 participants.

#490
in Mining & Oil Extraction (892 peers)
-11.9%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Drummond Company, Inc. Steelworkers 401(k) Plan's outsized position by total assets

Drummond Company, Inc. Steelworkers 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$14,837,698 Top 28% higher than 72% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Drummond Company, Inc. Steelworkers 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Drummond Company, Inc. Steelworkers 401(k) Plan sits mid-pack in the medium band (220 participants).

DOL schedule card

Filing strip 630653224 · Drummond Company, Inc. PY 2022 · 401(k)

Drummond Company, Inc. Steelworkers 401(k) Plan · $15M · 220 · 72nd

  • EIN $15M
  • RANK 220
  • PHOTO 72nd
  • IND 401(k)
  • EOY near Synergy Enterprises 401(k) Employee Stock Ownership Plan
  • 5500 ind #490

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Mining & Oil Extraction retirement plans → · Plans in Alabama →

Drummond Company, Inc. Steelworkers 401(k) Plan in the asset neighbourhood

Drummond Company, Inc. Steelworkers 401(k) PlanDrummond Company, Inc. Steel…$15MSynergy Enterprises 401(k) Employee Stock Ownership PlanSynergy Enterprises 401(k) E…$15MEnvirotech Services, Inc. 401(k) Retirement PlanEnvirotech Services, Inc. 40…$15MOsco 401(k) Plan$15MInstride Foot and Ankle Specialists, PLLC 401(k)Instride Foot and Ankle Spec…$15M
End-of-year total assets ($M) among Drummond Company, Inc. Steelworkers 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Drummond Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Drummond Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$418M 20.441977500671435% vs 2022
2024 filing year
$300M$350M$400M$450M 202220232024 $347M $418M ▲ +20.4%
Year Plans Participants Total Assets
2022 4 1,273 $347M
2023 4 1,212 $389M
2024 4 1,209 $418M

Drummond Company, Inc. filing trail (2022)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$15M
Net Income-$2M
Employer EIN630653224
Plan Effective Date1989-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Alabama

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Drummond Company, Inc. Steelworkers 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Drummond Company, Inc. Steelworkers 401(k) Plan, Total assets ($B): 0.014837698 · Participants: 220Drummond Company, Inc. Steelworkers 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Drummond Company, Inc. Steelworkers 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Drummond Company, Inc. Steelworkers 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Synergy Enterprises 401(k) Employee Stock Ownership Plan in TX ($15M); by covered participants it is Barley Snyder Savings Plan in PA (220 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (220 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Drummond Company, Inc. Steelworkers 401(k) Plan assets move in 2022?
Drummond Company, Inc. Steelworkers 401(k) Plan pulled back noticeably - down 11.9% during 2022, from $17M to $15M. Reported net income was -$2M.
How have Drummond Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Drummond Company, Inc.'s sponsor-wide assets grew 20.4%, from $347M to $418M.
Which 401(k) plans are similar in size to Drummond Company, Inc. Steelworkers 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Synergy Enterprises 401(k) Employee Stock Ownership Plan in TX ($15M, 73 participants).
Which 401(k) plans cover a similar participant headcount to Drummond Company, Inc. Steelworkers 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Barley Snyder Savings Plan in PA (220 participants, $45M in assets).