Sprinkler Industry Supplemental Pension Fund Joint Board of TrusteesProfit-sharing plan
SPRINKLER INDUSTRY SUPPLEMENTAL PENSION FUND · LANDOVER, MD · plan year 2024
Reported admin expense ratio · 2024
0.26%
Peer grade: C+· admin costs + employer contributions vs same-size plans · how grading works
Sprinkler Industry Supplemental Pension Fund Joint Board of Trustees reported $7,321,782 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,330 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 0.26%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 9th-largest of 1,671 plans among Maryland employers on file, and the 10th of 5,337 in construction. active participation has grown from 25,150 to 28,099 since 2022.
Plan summary
Net assets, end of year$2,940,325,208
Participants with balances29,607
Active participants28,099
Employer contributions$205,959,916
Employee contributions—
Employer contribution per active participant$7,330
Employer contributions to the Sprinkler Industry Supplemental Pension Fund Joint Board of Trustees plan · 2024
Employer contribution per active participant$7,330
Median for plans this size$5,259
2024$7,330 per active participant
2023$7,277 per active participant
2022$6,903 per active participant
Sprinkler Industry Supplemental Pension Fund Joint Board of Trustees's 2024 employer contribution ran above the $5,259 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 141595069 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.