Plan Ledger DOL Form 5500 · updated monthly

Oliver Sprinkler Co., Inc.Profit-sharing plan

OLIVER SPRINKLER CO., INC. PROFIT SHARING PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.67%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Oliver Sprinkler Co., Inc. reported $155,694 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $10,269 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.61% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,338th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,738th of 5,337 in construction. active participation has grown from 137 to 186 since 2022.

Plan summary
Net assets, end of year$25,039,216
Participants with balances173
Active participants186
Employer contributions$1,910,076
Employee contributions—
Employer contribution per active participant$10,269
Average account balance$144,735
Benefits paid to participants$999,213
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 173 accts · $1.9M emplr
2023$21.6M · 198 accts · $1.8M emplr
2022$19.1M · 171 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,500
Investment management$149,194
Total administrative$155,694
Employer contributions to the Oliver Sprinkler Co., Inc. plan · 2024
Employer contribution per active participant$10,269
Median for plans this size$2,416
2024$10,269 per active participant
2023$11,057 per active participant
2022$10,949 per active participant

Oliver Sprinkler Co., Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CONCENTUS WEALTH ADVISORS · Investment management$124,537
LPL FINANCIAL LLC · Investment management$18,157
CBIZ CPAS PC · Accounting / audit$6,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$155,694 · 0.67%
2023$134,951 · 0.66%
2022$128,008 · 0.61%
Same employer
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Caddick Utilities LLC PA$25.6M · 0.27%
Riggs Industries, Inc. PA$25.5M · 0.00%
S & a Homes, Inc. PA$25.0M · 0.31%
The Witmer Group, LLC PA$24.8M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231711827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.