Plan Ledger DOL Form 5500 · updated monthly

Orndorff & Spaid, Inc.Profit-sharing plan

ORNDORFF & SPAID, INC. PROFIT SHARING PLAN & TRUST · BELTSVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Orndorff & Spaid, Inc. reported $101,880 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,333 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 3 years on file its reported administrative ratio has held roughly steady near 0.57%. 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 696th-largest of 1,671 plans among Maryland employers on file, and the 2,148th of 5,337 in construction.

Plan summary
Net assets, end of year$18,468,501
Participants with balances159
Active participants150
Employer contributions$500,000
Employee contributions—
Employer contribution per active participant$3,333
Average account balance$116,154
Benefits paid to participants$1,675,879
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 159 accts · $500K emplr
2023$17.5M · 170 accts · $500K emplr
2022$15.9M · 172 accts · $880K emplr
Administrative expenses, itemized · 2024
Investment management$101,880
Total administrative$101,880
Employer contributions to the Orndorff & Spaid, Inc. plan · 2024
Employer contribution per active participant$3,333
Median for plans this size$2,416
2024$3,333 per active participant
2023$3,226 per active participant
2022$6,197 per active participant

Orndorff & Spaid, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20242
CREATIVE PLANNING$57,528
STEWARD PARNERS INV SOLUTIONS, LLC$44,352

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$101,880 · 0.57%
2023$95,383 · 0.57%
2022$103,507 · 0.58%
Same employer
Similar plansConstruction · Maryland
Mona Electric Group, Inc. MD$19.0M · 0.38%
Cj Miller, LLC MD$16.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520784590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.