Plan Snapshot
- Plan Sponsor: Oliver Sprinkler Co., INC.
- Sponsor EIN: 231711827
- Sponsor Address: 501 FEHELEY DRIVE, KING OF PRUSSIA, PA, 19406
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 144
- Total Assets: $79,859
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 144 | $79,859 | $1.1M | $642,839 |
| 2023 | 145 | $838,723 | $1.7M | $546,497 |
| 2022 | 133 | $490,389 | $1.3M | $425,260 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ONEDIGITAL (PHILADELPHIA) | Investment Advisor | $62,574 | — | $62,574 |
| THE BENECON GROUP | Investment Advisor | $31,484 | — | $31,484 |
| UMR | Other Service Provider | $25,128 | — | $25,128 |
| CONNECTCARE3 | Other Service Provider | $9,842 | — | $9,842 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $129,028
- Estimated Expense Ratio: 161.570% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $129,029 | — | $129,029 | — | — |
| 2023 | $114,149 | — | $114,149 | — | — |
| 2022 | $711,522 | — | — | — | — |