401(k) · DOL Form 5500 · 2024

Palmetto Automatic Sprinkler Co., Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
215
Participants Below avg headcount
28th
Percentile by assets National rank
$7,714
Avg per participant Low balance/head
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Official DOL plan name: Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust · Sponsored by Palmetto Automatic Sprinkler Co., Inc. · South Carolina · Construction

$2M in assets, 215 participants

Palmetto Automatic Sprinkler Co., Inc.'s Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust reported $2M in total assets and 215 participants in its 2024 DOL Form 5500 filing, ranking in the 28th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,372 in Construction (9,039 peers)

Palmetto Automatic Sprinkler Co., Inc. multi-year trail

Palmetto Automatic Sprinkler Co., Inc.'s plans moved -46.5% in assets from 2022 to 2024; this filing shows Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust at $2M / 215 participants.

#2,372
in Construction (9,039 peers)
-55.0%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust among the smaller filed plans by assets

Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,658,561 28th percentile higher than 28% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust sits mid-pack in the medium band (215 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust reported net income fell from $580K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust end-of-year assets fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust reported participants fell from 227 in the plan year 2023 filing to 215 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 570623696 · Palmetto Automatic Sprinkler Co., Inc. PY 2024 · 401(k)

Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust · $2M · 215 · 28th

  • BOY $2M
  • BOY 215
  • BOY 28th
  • BOY 401(k)
  • BOY near Stimple & Ward Co P-S Trust for Salaried Employees
  • BOY ind #2372

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in South Carolina →

Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust in the asset neighbourhood

Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & TrustPalmetto Automatic Sprinkler…$2MStimple & Ward Co P-S Trust for Salaried EmployeesStimple & Ward Co P-S Trust …$2MCoordinated Financial Services 401(k) PlanCoordinated Financial Servic…$2MCalhoun-Liberty Hospital Assoc 401(k) Profit Sharing Plan & TrustCalhoun-Liberty Hospital Ass…$2MJbt Power, Inc 401(k) Plan$2M
End-of-year total assets ($M) among Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Palmetto Automatic Sprinkler Co., Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Palmetto Automatic Sprinkler Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 46.53297554565952% vs 2022
2024 filing year
$1M$2M$3M$4M 202220232024 $3.1M $1.66M ▼ -46.5%
Year Plans Participants Total Assets
2022 1 220 $3M
2023 1 227 $4M
2024 1 215 $2M

Palmetto Automatic Sprinkler Co., Inc. filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$2M
Net Income-$2M
Employer EIN570623696
Plan Effective Date1994-09-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in South Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust, Total assets ($B): 0.001658561 · Participants: 215Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & TrustMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust vs. nearby 401(k) plans in South Carolina, assets vs. participants

Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Stimple & Ward Co P-S Trust for Salaried Employees in PA ($2M); by covered participants it is Systel Business Equipment Co., Inc. 401(k) Psp in NC (215 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (215 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust assets move in 2024?
Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust contracted severely - down 55.0% during 2024, from $4M to $2M. Reported net income was -$2M.
How have Palmetto Automatic Sprinkler Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Palmetto Automatic Sprinkler Co., Inc.'s sponsor-wide assets declined 46.5%, from $3M to $2M.
Which 401(k) plans are similar in size to Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Stimple & Ward Co P-S Trust for Salaried Employees in PA ($2M, 20 participants).
Which 401(k) plans cover a similar participant headcount to Palmetto Automatic Sprinkler Co., Inc. Retirement Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Systel Business Equipment Co., Inc. 401(k) Psp in NC (215 participants, $18M in assets).