Overmiller, Inc. Dba Roto-Rooter Sewer Service Profit Sharing Plan

Overview

Overmiller, Inc. sponsors a single-employer defined-contribution plan tied to its Roto-Rooter franchise operations in Concord, California. The plan functions as a profit-sharing vehicle, meaning employer contributions are discretionary and typically correlate with the underlying plumbing and drain-cleaning business's net income in a given fiscal year. Assets sit in a pooled trust structure rather than individual brokerage windows, with participants receiving proportional allocations based on compensation and tenure formulas. The plan's investment strategy reflects a small-business retirement architecture common among closely held service companies. Given the plan's size and charter, direct co-investment, private markets, or alternative asset exposure is absent. The investment committee makes allocation decisions at the trust level, reviewing fund performance and fees annually. The plan covers a workforce concentrated in residential and commercial plumbing across Contra Costa County. Plan governance falls to a small internal committee, typically the business owner and a financial advisor or third-party administrator, who handle investment selection, recordkeeping, and ERISA compliance. As of the most recent filing period, publicly available Form 5500 data confirms the plan was actively filing and holding assets, though participant count and total trust value remain undisclosed in Altss's primary sourcing. The plan maintains no separate philanthropic vehicles or club affiliations. Unlike multi-employer Taft-Hartley plans or public pension systems, this is a single-sponsor defined-contribution plan with no collective-bargaining overlay. Its structural constraint is the health of one operating company: when Overmiller's Roto-Rooter routes generate profits, the plan receives contributions; in lean years, contributions can fall to zero. This direct tie between Main Street plumbing and participant retirement security is the plan's defining architecture.