Plan Ledger DOL Form 5500 · updated monthly

The Reliable Automatic Sprinkler Co.401(k)

THE RELIABLE AUTOMATIC SPRINKLER CO. INC. 401(K) PLAN · LIBERTY, SC · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

The Reliable Automatic Sprinkler Co. reported $189,032 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $2,993 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 fell from 0.24% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 62nd-largest of 807 plans among South Carolina employers on file, and the 1,974th of 13,661 in manufacturing. In 2024, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$95,610,614
Participants with balances1,307
Active participants1,097
Employer contributions$3,283,800
Employee contributions$4,037,149
Employer contribution per active participant$2,993
Average account balance$73,153
Benefits paid to participants$8,585,456
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$95.6M · 1,307 accts · $3.3M emplr
2023$81.8M · 1,304 accts · $2.9M emplr
2022$68.8M · 1,232 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,694
Investment management$91,338
Total administrative$189,032
The The Reliable Automatic Sprinkler Co. 401(k) match · 2024
Employer contribution per active participant$2,993
Median for plans this size$3,635
2024$2,993 per active participant
2023$2,596 per active participant
2022$2,220 per active participant

The Reliable Automatic Sprinkler Co.'s 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INV. INST. OPS. CO. · Loan processing$97,694
SAIPH CAPITAL LLC · Investment advisory (plan)$67,589
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$23,749

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$189,032 · 0.21%
2023$173,210 · 0.23%
2022$182,018 · 0.24%
Same employer
Similar plansManufacturing · South Carolina
Velux America LLC SC$136.0M · 0.13%
Diversey, Inc. SC$129.2M · 0.04%
3D Systems Corporation SC$125.7M · 0.14%
Nexans USA Inc. SC$112.4M · 0.20%
Jadex Inc. SC$85.9M · 0.23%
Metromont LLC SC$82.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131727035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.