Plan Ledger DOL Form 5500 · updated monthly

American Cast Iron Pipe Company401(k)

ACIPCO 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Employer contribution per participant · 2024
$9,175

American Cast Iron Pipe Company's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $534,070,972 across 3,153 participant accounts, with employer contributions averaging $9,175 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 16th-largest of 902 plans among Alabama employers on file, and the 543rd of 13,661 in manufacturing. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$534,070,972
Participants with balances3,153
Active participants2,699
Employer contributions$24,763,692
Employee contributions$23,551,523
Employer contribution per active participant$9,175
Average account balance$169,385
Benefits paid to participants$42,146,730
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$534.1M · 3,153 accts · $24.8M emplr
2023$453.6M · 3,158 accts · $22.5M emplr
2022$368.8M · 3,065 accts · $17.0M emplr
Administrative expenses, itemized · 2024
Investment management$102,609
Audit (IQPA)$21,500
Total administrative-$4,473
The American Cast Iron Pipe Company 401(k) match · 2024
Employer contribution per active participant$9,175
Median for plans this size$4,294
2024$9,175 per active participant
2023$8,822 per active participant
2022$6,871 per active participant

American Cast Iron Pipe Company's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Service providers · 20242
CAPFINANCIAL PARTNERS · Investment advisory (plan)$102,609
WARREN AVERETT · Accounting / audit$21,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$63,157 · 0.02%
2022$29,911 · 0.01%
All plans at this employer2
ACIPCO 401(K) PLAN401(k)
ACIPCO CONTRACTED 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Alabama
Altec Industries, Inc. AL$986.4M · 0.01%
Am/Ns Calvert LLC AL$288.5M · 0.02%
McWane, Inc. AL$264.9M · 0.06%
Phifer Incorporated AL$184.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630008070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.