Other · DOL Form 5500 · 2023

Drummond Company, Inc. Savings Plan for Salaried Employees Retirement Plan

Data updated 2026-08-25

$119M
Total assets Near avg plan size
451
Participants Below avg headcount
92nd
Percentile by assets National rank
$264,257
Avg per participant High balance/head
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Official DOL plan name: Drummond Company, Inc. Savings Plan for Salaried Employees · Sponsored by Drummond Company, Inc. Savings Plan for Salaried Employees · Alabama · Mining & Oil Extraction

$119M in assets, 451 participants

Drummond Company, Inc. Savings Plan for Salaried Employees's Drummond Company, Inc. Savings Plan for Salaried Employees reported $119M in total assets and 451 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #687 in Mining & Oil Extraction (811 peers)

Where Drummond Company, Inc. Savings Plan for Salaried Employees sits by assets

Drummond Company, Inc. Savings Plan for Salaried Employees sits in the top 10% of all filed plans by assets, $119M for 451 participants (~$264,257/participant), up 13.1% in 2023.

#687
in Mining & Oil Extraction (811 peers)
+13.1%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Drummond Company, Inc. Savings Plan for Salaried Employees's outsized position by total assets

Drummond Company, Inc. Savings Plan for Salaried Employees vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$119,179,693 Top 8% higher than 92% of 127,068 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 2023

Drummond Company, Inc. Savings Plan for Salaried Employees among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Drummond Company, Inc. Savings Plan for Salaried Employees sits mid-pack in the medium band (451 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Drummond Company, Inc. Savings Plan for Salaried Employees reported net income rose from -$23M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Drummond Company, Inc. Savings Plan for Salaried Employees end-of-year assets rose from $105M in the plan year 2022 filing to $119M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 630653224 · Drummond Company, Inc. Savings Plan for Salaried Employees PY 2023 · Other

Drummond Company, Inc. Savings Plan for Salaried Employees · $119M · 451 · 92nd

  • BOY $119M
  • SCH 451
  • EBSA 92nd
  • PART Other
  • TYPE near Sourceamerica Tax Deferred Annuity Plan
  • NET ind #687

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. Savings Plan for Salaried Employees in the asset neighbourhood

Sourceamerica Tax Deferred Annuity PlanSourceamerica Tax Deferred A…$119MDrummond Company, Inc. Savings Plan for Salaried EmployeesDrummond Company, Inc. Savin…$119MNational Audubon Society Tax Deferred Annuity PlanNational Audubon Society Tax…$119MRegional Enterprises, Inc. 403(b) PlanRegional Enterprises, Inc. 4…$119M403(b) Thrift Plan for Concordia Lutheran Ministries Cabot, Pennsylvania403(b) Thrift Plan for Conco…$119M
End-of-year total assets ($M) among Drummond Company, Inc. Savings Plan for Salaried Employees and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$105M
Net Assets (End of Year)$119M
Net Income$14M
Employer EIN630653224
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Drummond Company, Inc. Savings Plan for Salaried Employees)

Sponsor-wide plan assets over time

All Drummond Company, Inc. Savings Plan for Salaried Employees 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

Nearby Other Plans in Alabama

Peer Other plans, same state, same plan type, ranked by total assets.

Drummond Company, Inc. Savings Plan for Salaried Employees vs. nearby Other plans in Alabama, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -0.500.511.5 Total assets ($B) Participants Drummond Company, Inc. Savings Plan for Salaried Employees, Total assets ($B): 0.119179693 · Participants: 451Drummond Company, Inc. Savings Plan for Salaried EmployeesUniversity of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity Plan, Total assets ($B): 1.369303126 · Participants: 4563University of Alabama Health Services Foundation P.C. 403(b) Retirement Annuity PlanSamford University 403(b) Salary Deferral and Defined Contribution Plan, Total assets ($B): 0.108027518 · Participants: 1619Samford University 403(b) Salary Deferral and Defined Contribution PlanUab Medicine Enterprise 403(b) Retirement Plan, Total assets ($B): 0.08743911 · Participants: 543Uab Medicine Enterprise 403(b) Retirement PlanBirmingham-Southern College Defined Contribution and Tax Deferred Annuity Plan, Total assets ($B): 0.084866155 · Participants: 464Birmingham-Southern College Defined Contribution and Tax Deferred Annuity PlanPlumbers & Pipefitters Local 760 Savings and Investment Plan, Total assets ($B): 0.057885803 · Participants: 1319Plumbers & Pipefitters Local 760 Savings and Investment Plan
Drummond Company, Inc. Savings Plan for Salaried Employees vs. nearby Other plans in Alabama, assets vs. participants

Drummond Company, Inc. Savings Plan for Salaried Employees's out-of-state Other peers by assets and headcount

Outside Alabama, the nearest Other by assets is Sourceamerica Tax Deferred Annuity Plan in VA ($119M); by covered participants it is The Barstow School Defined Contribution Retirement Plan in MO (451 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (451 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Drummond Company, Inc. Savings Plan for Salaried Employees assets move in 2023?
Drummond Company, Inc. Savings Plan for Salaried Employees grew at a solid clip - up 13.1% during 2023, from $105M to $119M. Reported net income was $14M.
How have Drummond Company, Inc. Savings Plan for Salaried Employees plan assets changed over time?
Across 3 plan years on file (2022-2024), Drummond Company, Inc. Savings Plan for Salaried Employees's sponsor-wide assets grew 20.4%, from $347M to $418M.
Where does Drummond Company, Inc. Savings Plan for Salaried Employees rank by assets among Form 5500 filers?
Drummond Company, Inc. Savings Plan for Salaried Employees ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to Drummond Company, Inc. Savings Plan for Salaried Employees?
Among Other plans in other states, the closest by assets is Sourceamerica Tax Deferred Annuity Plan in VA ($119M, 429 participants).
Which Other plans cover a similar participant headcount to Drummond Company, Inc. Savings Plan for Salaried Employees?
Among Other plans in other states, the closest by covered participants is The Barstow School Defined Contribution Retirement Plan in MO (451 participants, $25M in assets).