2021 Best in Class 401(k) Plans | Winner
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 |
| Â | Â |
| Match rate | 100% of first 6% of salary |
| % receiving full match | >90% |
| Maximum employer contribution | 9% |
| Â | Â |
| 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 |
| Â | |
| Recordkeeper | Empower |
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