Vulcan Materials Company

LocationBirmingham, AL
Asset Size$500 million – $1 billion 
Number of Participants5,000 – 9,999 participants
BusinessConstruction Materials
Participation rate90%
Avg. deferral rate8.3%
No. of funds offered18
Investment ReviewAnnually
True-up MatchNo
Match Vesting PeriodImmediately
EligibilityImmediately
Default deferral rate6%
Default investmentManaged Account
Auto escalationOpt-out
Ret. Income offeringIn-Plan
Fee equalizationNot Applicable
Match Rate100% of first 6% of salary
% receiving full match>90%
Max Employer Contribution9%
  
Financial education: 
Saving/budgeting  
Investing strategiesx
College saving  
Credit/debt mgt  
Tax/estate planning  
Retiree health costs/savings options  
  
RecordkeeperAon Hewitt
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