Vulcan Materials Company
Plan name | Vulcan Materials Company |
Location | Birmingham, AL |
Asset size ($mm) | $1,100 |
Participants | 6,858 |
Industry | Construction Aggregates |
Participation rate | 95% |
Average deferral rate | 9% |
# of funds offered | 26 |
Investment review | Annually |
True-up match | No |
Match vesting period | Immediately upon enrollment |
Eligibility | Immediately upon hire |
Default deferral rate | 6% |
Default investment | Managed Account |
Automatic escalation | Opt-out |
Systematic withdrawals | Yes |
Fee equalization | No |
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Match rate | 100% of first 6% of salary |
% receiving full match | >90% |
Maximum employer contribution | 9% |
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Financial education | Â |
Saving/Budgeting | Yes |
Investing strategies | Yes |
College saving | Â |
Credit/Debt management | Yes |
Tax/Estate planning | Â |
Retiree health costs/savings options | Yes |
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Recordkeeper | Empower |