# Orndorff & Spaid, Inc. Profit Sharing Plan & Trust

Orndorff & Spaid, Inc. Profit Sharing Plan & Trust is a Pension Fund based in Beltsville, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Beltsville, United States
- **Region:** North America
- **Address:** 11722 Old Baltimore Pike, Beltsville, MD 20705, United States
- **Founded:** 1953
- **Assets under management:** Undisclosed
- **Website:** osroofing.com
- **LinkedIn:** https://www.linkedin.com/company/osroofing

## Regulatory record

- **Reports private funds:** No

## About

In 1953, Glen L. Spaid, Harlan G. Orndorff, and Loring Orndorff Jr. founded Orndorff & Spaid, Inc. with one pick-up truck and three employees. The company operates a captive profit-sharing plan and trust, serving as the retirement vehicle for a workforce that now numbers more than 175 full-time trained personnel. The Spaid and Orndorff families remain deeply embedded: Mitchell G. Spaid serves as CEO, Todd Spaid as Secretary/Treasurer, and Melanie Spaid and Joe Spaid hold director and project-director roles, respectively. The trust's deployment profile is shaped entirely by plan governance, not external fundraising. The plan's contributions derive from corporate profits generated by re-roofing, new construction, and maintenance services across single-ply, built-up, metal, and vegetative roofing systems. The firm's consistent operational presence in Maryland and Northern Virginia provides a steady, geographically concentrated revenue base that funds the trust. The plan's scale is modest and tied directly to the company's balance sheet. No adjacent investment vehicles or philanthropic foundations operate separately from the trust, though Orndorff & Spaid maintains a corporate giving program. The firm's real-asset footprint includes its headquarters at 11722 Old Baltimore Pike in Beltsville and a commercial fleet of over 100 pieces of over-the-road equipment. No recent capital-markets transactions or fund closes are disclosed. What distinguishes this plan from nearly all other Altss-profiled allocators is its embeddedness inside an operating company. There is no CIO disclosure, no fund commitments trackable through public filings, and no co-investment syndicate. The trust functions as a private, internally administered retirement pool — a structural design that insulates it from the fundraising cycles, liquidity pressures, and manager-fee layers typical of pooled institutional vehicles.

## Sectors

- Real Estate

## People

- Glen L. Spaid — Founder
- Harlan G. Orndorff — Founder
- Loring Orndorff Jr. — Founder

## Questions

### How is the trust funded, and what is its source of capital?

The trust receives contributions from the operating profits of Orndorff & Spaid, Inc., a commercial roofing contractor serving Maryland and Northern Virginia since 1953. Unlike institutional investors that raise external LP capital, this plan's inflows are directly tied to project revenue from re-roofing, new construction, and maintenance services. The company employs over 175 personnel and operates a fleet of more than 100 vehicles.

### What is the relationship between the profit-sharing plan and the Orndorff & Spaid corporate giving program?

They are separate functions. The profit-sharing plan is a retirement vehicle governed by ERISA (or applicable state law) and is distinct from the firm's philanthropic activity, which operates under 'Orndorff & Spaid Corporate Giving.' No public information links the two, and the giving program does not appear to function as a foundation or donor-advised fund.

### How does the plan's structure affect its liquidity and redemption terms?

As a defined-contribution profit-sharing plan, it is subject to participant-level distribution rules under the Internal Revenue Code rather than institutional redemption gates. Liquidity is managed by the plan sponsor, not negotiated with external managers. The absence of external LP capital removes the risk of capital calls or forced portfolio sales — the plan can match asset liquidity to expected retirement outflows from the workforce.

## Related profiles

- [Orlen VC](https://altss.com/profile/orlen-vc)
- [Orok Ventures](https://altss.com/profile/orok-ventures)

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Last updated: 2026-08-11T02:43:31.692Z

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