Vulcan Materials Company

Plan nameVulcan Materials Company
LocationBirmingham, AL
Asset size ($mm)$1,100
Participants6,858
IndustryConstruction Aggregates
Participation rate95%
Average deferral rate9%
# of funds offered26
Investment reviewAnnually
True-up matchNo
Match vesting periodImmediately upon enrollment
EligibilityImmediately upon hire
Default deferral rate6%
Default investmentManaged Account
Automatic escalationOpt-out
Systematic withdrawalsYes
Fee equalizationNo
  
Match rate100% of first 6% of salary
% receiving full match>90%
Maximum employer contribution9%
  
Financial education 
Saving/BudgetingYes
Investing strategiesYes
College saving 
Credit/Debt managementYes
Tax/Estate planning 
Retiree health costs/savings optionsYes
 
RecordkeeperEmpower
Note: Match rates and employer contributions are simplified for reporting purposes and may have other attributes (e.g., caps/limits, tiers, etc.) not listed here.
E_NOTICE Error in file single-awards.php at line 27: Undefined variable: pid