Plan Ledger DOL Form 5500 · updated monthly

National Cement Company, Inc.401(k)

NATIONAL SAVINGS PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

National Cement Company, Inc. reported $44,459 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,077 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.100%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 150th-largest of 902 plans among Alabama employers on file, and the 3,327th of 13,661 in manufacturing. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,348,966
Participants with balances236
Active participants178
Employer contributions$1,437,690
Employee contributions$1,472,156
Employer contribution per active participant$8,077
Average account balance$196,394
Benefits paid to participants$4,443,859
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$46.3M · 236 accts · $1.4M emplr
2023$42.3M · 232 accts · $1.3M emplr
2022$35.8M · 220 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,459
Total administrative$44,459
The National Cement Company, Inc. 401(k) match · 2024
Employer contribution per active participant$8,077
Median for plans this size$2,416
2024$8,077 per active participant
2023$7,410 per active participant
2022$6,799 per active participant

National Cement Company, Inc.'s 2024 employer contribution ran above the $2,416 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$44,458

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

Administrative cost history3
2024$44,459 · 0.10%
2023$41,321 · 0.11%
2022$38,508 · 0.10%
Same employer
Similar plansManufacturing · Alabama
Mobis-Alabama, LLC AL$57.9M · 0.44%
Bbb Industries, LLC AL$54.5M · 0.36%
Hanna Steel Corporation AL$44.8M · 0.18%
Threaded Fasteners, Inc. AL$42.4M · 0.01%
Vulcan, Inc. AL$40.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630664316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.