Drummond Company, Inc. Savings Plan For Salaried Employees 401(k) Plan: Login, Facts & Contact Information

Drummond Company, Inc. Savings Plan For Salaried Employees 401(k) Plan Facts

Plan name
DRUMMOND COMPANY, INC. STEELWORKERS 401(K) PLAN
Plan type
401(k) and profit sharing
Plan sponsor
DRUMMOND COMPANY, INC.
Participants
254 (203 active employees)
Former employees with a balance
55
Plan assets
$18,275,705 at Dec 31, 2024
Average account balance
$78,437 across 233 accounts
Employer contributions
$296,054 in plan year 2024 (19% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 1989
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.54 million went into the plan in contributions, $296,054 of it from the employer (19%).
  • $2.22 million was paid out to participants.
  • Investment and other income added $2.03 million.
  • Administrative expenses were $6,950, about $30 per account.

How the Drummond Company, Inc. Savings Plan For Salaried Employees 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019253$13.9 million$335,183$1.19 million
2020264$14.8 million$382,250$2.36 million
2021263$16.8 million$376,548$1.41 million
2022259$14.8 million$372,565$1.37 million
2023256$16.9 million$370,612$1.81 million
2024254$18.3 million$296,054$2.22 million

Drummond Company, Inc. Savings Plan For Salaried Employees 401(k) Contact Information

Phone
205-945-6335
Mailing address
P.O. BOX 10246, BIRMINGHAM AL 35202
Plan sponsor
DRUMMOND COMPANY, INC.
Employer identification number (EIN)
63-0653224
Plan number
006

Questions about the Drummond Company, Inc. Savings Plan For Salaried Employees 401(k)

Does Drummond Company, Inc. Savings Plan For Salaried Employees contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $296,054 in employer contributions for plan year 2024.

Does the Drummond Company, Inc. Savings Plan For Salaried Employees 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Drummond Company, Inc. Savings Plan For Salaried Employees 401(k) plan?

254 participants at the start of plan year 2024, 203 of them active employees, and 55 former employees who still had money in the plan.

What is the average 401(k) balance at Drummond Company, Inc. Savings Plan For Salaried Employees?

About $78,437 per account: $18.3 million in plan assets across 233 accounts with a balance at the end of plan year 2024.

Who manages the Drummond Company, Inc. Savings Plan For Salaried Employees 401(k) accounts?

Vanguard is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Drummond Company, Inc. Savings Plan For Salaried Employees. How do I access my 401(k)?

Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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