Consolidated Pipe & Supply Company, Inc. 401(k) Review & Grade
The Consolidated Pipe & Supply Company, Inc. Employees' Profit Sharing 401(k) Plan and Trust
Birmingham, ALWholesale Trade1,026 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,165Employer $ per active participant
$6,109Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$91.3MNet plan assets, end of year
$71,579Average balance per account
Score breakdown
- Employer generosity38.3 / 5077th percentile for employer $ per participant
- Low cost21.7 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving10.4 / 1569th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score63 / 100 · Grade B
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 77th |
| Lower admin cost | 87th |
| Employee saving | 69th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Consolidated Pipe & Supply Company put in about $3,165 per active participant, more than the typical peer ($1,792). 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 | $3,247,145 |
| Participant (employee) contributions | $6,267,536 |
| Other contributions (incl. rollovers in) | $554,334 |
| Administrative expenses paid from the plan | $43,781 |
| Contract administrator fees | $300 |
| Benefits paid out | $8,202,083 |
| Net assets, start / end of year | $78.2M / $91.3M |
| Active participants, start / end of year | 965 / 1,087 |
| Participants with account balances | 1,276 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Warren Averett, LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $43,781 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250723085108NAL0009688994001, received 2025-07-23, EIN 63-0418384, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.