Plan Ledger DOL Form 5500 · updated monthly

National Cement Company of Alabama, Inc.401(k)

NATIONAL CEMENT COMPANY OF ALABAMA, INC. UNION 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

National Cement Company of Alabama, Inc. reported $26,575 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $5,688 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 1 year on file its reported administrative ratio fell from 0.26% to 0.23%. 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 396th-largest of 902 plans among Alabama employers on file, and 7,746th of 13,661 in manufacturing. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,912,531
Participants with balances123
Active participants120
Employer contributions$682,562
Employee contributions$813,588
Employer contribution per active participant$5,688
Average account balance$104,980
Benefits paid to participants$447,890
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$12.9M · 123 accts · $683K emplr
2023$10.4M · 127 accts · $566K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,575
Total administrative$26,575
The National Cement Company of Alabama, Inc. 401(k) match · 2024
Employer contribution per active participant$5,688
Median for plans this size$2,416
2024$5,688 per active participant
2023$4,640 per active participant

National Cement Company of Alabama, 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$26,574

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

Administrative cost history2
2024$26,575 · 0.23%
2023$24,622 · 0.26%
Same employer
Similar plansManufacturing · Alabama
Jay Industrial Repair, Inc. AL$13.3M · 0.60%
Alphapet, Inc. AL$13.0M · 0.17%
Atap, Inc. AL$12.8M
Hanon Systems USA, LLC AL$12.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631029293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.