Plan Ledger DOL Form 5500 · updated monthly

S & S Sprinkler Company, LLC401(k)

S & S SPRINKLER COMPANY, LLC 401(K) SAVINGS & RETIREMENT PLAN · MOBLIE, AL · plan year 2023

Reported admin expense ratio · 2023
1.48%

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

S & S Sprinkler Company, LLC reported $133,119 in plan administrative expenses for 2023: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $37,472 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 1 year on file its reported administrative ratio rose from 0.74% to 1.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Alabama (476th of 902), and 3,164th of 5,337 in construction. In 2023, employees put in $5.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,509,592
Participants with balances182
Active participants4
Employer contributions$149,888
Employee contributions$807,538
Employer contribution per active participant$37,472
Average account balance$52,251
Benefits paid to participants$387,657
Plan auditUnmodified (clean) audit opinion
AuditorCARR RIGGS & INGRAM, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$9.5M · 182 accts · $150K emplr
2022$8.5M · 166 accts · $140K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,838
Investment management$104,912
Audit (IQPA)$25,369
Total administrative$133,119
The S & S Sprinkler Company, LLC 401(k) match · 2023
Employer contribution per active participant$37,472
Median for plans this size$1,308
2023$37,472 per active participant
2022$732 per active participant

S & S Sprinkler Company, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
LPL FINANCIAL, LLC · Investment advisory (plan)$104,912
CAR RIGGS & INGRAM, LLC · Accounting / audit$25,369
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$2,838

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

Administrative cost history2
2023$133,119 · 1.48%
2022$68,754 · 0.74%
Similar plansConstruction · Alabama
Davidson Homes, LLC AL$9.9M · 0.31%
Blox LLC AL$9.8M · 0.74%
Boatright Company, Inc. AL$8.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631139596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.