401(k) · DOL Form 5500 · 2023

Drummond Company, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
204
Participants Below avg headcount
70th
Percentile by assets National rank
$82,992
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

$17M in assets, 204 participants

Drummond Company, Inc.'s Drummond Company, Inc. Steelworkers 401(k) Plan reported $17M in total assets and 204 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

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

Mining & Oil Extraction sector rank

Within Mining & Oil Extraction, Drummond Company, Inc. Steelworkers 401(k) Plan ranks #408 of 811 2023 filers by assets (726% of the sector average)-$17M for 204 participants.

#408
in Mining & Oil Extraction (811 peers)
+14.1%
assets growth YoY

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 2023 · DOL Form 5500

$16,930,340 Top 30% higher than 70% 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. Steelworkers 401(k) Plan 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. Steelworkers 401(k) Plan sits mid-pack in the medium band (204 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Drummond Company, Inc. Steelworkers 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Drummond Company, Inc. Steelworkers 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Drummond Company, Inc. Steelworkers 401(k) Plan reported participants fell from 220 in the plan year 2022 filing to 204 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 630653224 · Drummond Company, Inc. PY 2023 · 401(k)

Drummond Company, Inc. Steelworkers 401(k) Plan · $17M · 204 · 70th

  • PCT $17M
  • PCT 204
  • PCT 70th
  • PCT 401(k)
  • PCT near Pediatric Associates, Inc. Profit Sharing Plan
  • PCT ind #408

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…$17MPediatric Associates, Inc. Profit Sharing PlanPediatric Associates, Inc. P…$17MHilco 401(k) Profit Sharing PlanHilco 401(k) Profit Sharing …$17MKemron Environmental Services, Inc. 401(k) PlanKemron Environmental Service…$17MNorth Atlanta Primary Care 401(k) PlanNorth Atlanta Primary Care 4…$17M
End-of-year total assets ($M) among Drummond Company, Inc. Steelworkers 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mining & Oil Extraction filing particulars

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

Sponsor Plan History (Drummond Company, Inc.)

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

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): 0.01693034 · Participants: 204Drummond Company, Inc. Steelworkers 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-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
Compare Drummond Company, Inc. Steelworkers 401(k) Plan side-by-side with 3 peers →

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 Pediatric Associates, Inc. Profit Sharing Plan in OH ($17M); by covered participants it is Bankprov 401(k) Plan in MA (204 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (204 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. Steelworkers 401(k) Plan assets move in 2023? ▼
Drummond Company, Inc. Steelworkers 401(k) Plan grew at a solid clip - up 14.1% during 2023, from $15M to $17M. 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 Pediatric Associates, Inc. Profit Sharing Plan in OH ($17M, 94 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 Bankprov 401(k) Plan in MA (204 participants, $25M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.