Southern Ductile Casting retirement plan: assets, participants and fees
What Southern Ductile Casting's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | 2023 Schedule C ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 2,344 pension plans in manufacturing with fewer than 100 participants.
| Southern Ductile Casting: employer contribution per participant | $1,203 | |
| Peer median | $7,068 |
| Southern Ductile Casting: average balance | $22,182 | |
| Peer median | $89,319 |
| Southern Ductile Casting: admin expenses ÷ assets | 3.07% | |
| Peer median | 0.59% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.7M at the end of plan year 2021 to $1.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 87 | $1.9M | $105K | $1,203 | 3.07% | Not published | 5500-SF ↗ |
| 2023 | 92 | $1.9M | $129K | $1,405 | 4.68% | Not published | Form 5500 ↗ |
| 2022 | 98 | $1.7M | $185K | $1,892 | 5.26% | Not published | Form 5500 ↗ |
| 2021 | 103 | $1.7M | $344K | $3,337 | 4.58% | Not published | Form 5500 ↗ |
Common questions
Does Southern Ductile Casting match 401(k) contributions?
The match terms for the Citation-Southern Ductile Casting Company Defined Benefit Plan Fbo Bessemer, Alabama Ba have not been published from its filing yet. The plan year 2024 filing reports $105K in employer contributions, about $1,203 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Southern Ductile Casting 401(k) match vested?
The vesting schedule for the Citation-Southern Ductile Casting Company Defined Benefit Plan Fbo Bessemer, Alabama Ba is not in the data published so far. Your Summary Plan Description states it.
Who manages the Southern Ductile Casting 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Principal Life Insurance Company. The plan administrator is Southern Ductile Casting Company.
I left Southern Ductile Casting. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Southern Ductile Casting Company, (248) 440-9500) or the recordkeeper, Principal Life Insurance Company. The Southern Ductile Casting old 401(k) page lists the contacts from every plan filing. Find an old Southern Ductile Casting 401(k)
Data from the public Form 5500 annual reports Southern Ductile Casting filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Southern Ductile Casting. Not financial advice. Report a correction · Methodology