Defined Benefit (Pension) · DOL Form 5500 · 2024

Drummond Company, Inc. Pension Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
265
Participants Below avg headcount
85th
Percentile by assets National rank
$200,099
Avg per participant Above avg balance/head
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Official DOL plan name: Uswa Drummond Company Pension Agreement · Sponsored by Drummond Company, Inc. · Alabama · Mining & Oil Extraction

$53M in assets, 265 participants

Drummond Company, Inc.'s Uswa Drummond Company Pension Agreement reported $53M in total assets and 265 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #571 in Mining & Oil Extraction (785 peers)

Where Uswa Drummond Company Pension Agreement sits by assets

Uswa Drummond Company Pension Agreement sits in the top quartile of all filed plans by assets, $53M for 265 participants (~$200,099/participant), up 8.4% in 2024.

#571
in Mining & Oil Extraction (785 peers)
+8.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Uswa Drummond Company Pension Agreement's outsized position by total assets

Uswa Drummond Company Pension Agreement vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$53,026,189 Top 15% higher than 85% of 123,620 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 2024

Uswa Drummond Company Pension Agreement among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Uswa Drummond Company Pension Agreement sits mid-pack in the medium band (265 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Uswa Drummond Company Pension Agreement reported net income fell from $6M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Uswa Drummond Company Pension Agreement end-of-year assets rose from $49M in the plan year 2023 filing to $53M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 630653224 · Drummond Company, Inc. PY 2024 · Defined Benefit (Pension)

Uswa Drummond Company Pension Agreement · $53M · 265 · 85th

  • PHOTO $53M
  • IND 265
  • EOY 85th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Local 1964 Ila Retirement Fund
  • PCT ind #571

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 →

Uswa Drummond Company Pension Agreement in the asset neighbourhood

Teamsters Local 237 Welfare Fund Pension PlanTeamsters Local 237 Welfare …$53MUswa Drummond Company Pension AgreementUswa Drummond Company Pensio…$53MLocal 1964 Ila Retirement FundLocal 1964 Ila Retirement Fu…$53MAppalachian Regional Healthcare, Inc. Administrative Retirement PlanAppalachian Regional Healthc…$53MVelcro Pension Plan$53M
End-of-year total assets ($M) among Uswa Drummond Company Pension Agreement and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$53M
Net Income$4M
Employer EIN630653224
Plan Effective Date1950-04-01
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 Defined Benefit (Pension) Plans in Alabama

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

Uswa Drummond Company Pension Agreement vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 -0.500.511.5 Total assets ($B) Participants Uswa Drummond Company Pension Agreement, Total assets ($B): 0.053026189 · Participants: 265Uswa Drummond Company Pension AgreementRegions Financial Corporation Retirement Plan, Total assets ($B): 1.152174116 · Participants: 282Regions Financial Corporation Retirement PlanBlue Cross and Blue Shield of Alabama Retirement Plan, Total assets ($B): 0.711879241 · Participants: 1955Blue Cross and Blue Shield of Alabama Retirement PlanRegions Financial Corporation Retirement Plan for Associates, Total assets ($B): 0.708134818 · Participants: 2240Regions Financial Corporation Retirement Plan for AssociatesRetail, Wholesale & Department Store International Union and Industry Pension Fund, Total assets ($B): 0.61892099 · Participants: 1556Retail, Wholesale & Department Store International Union and Industry Pension FundVulcan Materials Company Pension Plan, Total assets ($B): 0.471253992 · Participants: 740Vulcan Materials Company Pension Plan
Uswa Drummond Company Pension Agreement vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants

Uswa Drummond Company Pension Agreement's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Alabama, the nearest Defined Benefit (Pension) by assets is Local 1964 Ila Retirement Fund in NJ ($53M); by covered participants it is Pension Plan for Employees of North Star Mutual Insurance Company in MN (265 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Uswa Drummond Company Pension Agreement assets move in 2024? ▼
Uswa Drummond Company Pension Agreement grew at a solid clip - up 8.4% during 2024, from $49M to $53M. Reported net income was $4M.
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.
Where does Uswa Drummond Company Pension Agreement rank by assets among Form 5500 filers? ▼
Uswa Drummond Company Pension Agreement ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Uswa Drummond Company Pension Agreement? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 1964 Ila Retirement Fund in NJ ($53M, 377 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Uswa Drummond Company Pension Agreement? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Employees of North Star Mutual Insurance Company in MN (265 participants, $65M in assets).