The Reliable Automatic Sprinkler Co. 401(k) Review & Grade
The Reliable Automatic Sprinkler Co. Inc. 401(k) Plan
Liberty, SCManufacturing1,138 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,887Employer $ per active participant
$3,549Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$95.6MNet plan assets, end of year
$73,153Average balance per account
Score breakdown
- Employer generosity30.6 / 5061th percentile for employer $ per participant
- Low cost13.0 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving4.6 / 1531th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score51 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 61th |
| Lower admin cost | 52th |
| Employee saving | 31th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Reliable Automatic Sprinkler put in about $2,887 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,283,800 |
| Participant (employee) contributions | $4,037,149 |
| Other contributions (incl. rollovers in) | $420,864 |
| Administrative expenses paid from the plan | $189,032 |
| Investment advisory & management fees | $91,338 |
| Benefits paid out | $8,585,456 |
| Net assets, start / end of year | $81.8M / $95.6M |
| Active participants, start / end of year | 1,178 / 1,097 |
| Participants with account balances | 1,307 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| Fidelity Inv. Inst. Ops. Co. | $97,694 reported compensation |
| Saiph Capital LLC | $67,589 reported compensation |
| Strategic Advisors, Inc. | $23,749 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015154040NAL0005017697001, received 2025-10-15, EIN 13-1727035, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.