Plan Ledger DOL Form 5500 · updated monthly

Aquarius Water Conditioning401(k)

AQUARIUS WATER CONDITIONING 401(K) PLAN · LITTLE CANADA, MN · plan year 2025

Reported admin expense ratio · 2025
0.58%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Aquarius Water Conditioning reported $55,615 in plan administrative expenses for 2025: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,694 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 4 years on file its reported administrative ratio has held roughly steady near 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Minnesota (1,274th of 1,918), and 3,003rd of 5,337 in construction. In 2025, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,607,207
Participants with balances157
Active participants256
Employer contributions$433,678
Employee contributions$892,680
Employer contribution per active participant$1,694
Average account balance$67,562
Benefits paid to participants$685,634
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$10.6M · 157 accts · $434K emplr
2024$8.5M · 145 accts · $385K emplr
2023$6.5M · 121 accts · $339K emplr
2022$4.9M · 116 accts · $320K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$30,881
Investment management$24,734
Total administrative$55,615
The Aquarius Water Conditioning 401(k) match · 2025
Employer contribution per active participant$1,694
Median for plans this size$1,464
2025$1,694 per active participant
2024$1,454 per active participant
2023$1,339 per active participant
2022$1,355 per active participant

Aquarius Water Conditioning's 2025 employer contribution ran above the $1,464 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Consulting$30,881
IMPACT RETIREMENT ADVISORS, LLC · Investment advisory (plan) · Named fiduciary$24,734

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025BENEFIT PLANS ADMIN SERVICES, INC.
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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Administrative cost history4
2025$55,615 · 0.58%
2024$44,269 · 0.59%
2023$33,266 · 0.59%
2022$29,401 · 0.59%
Same employer
Similar plansConstruction · Minnesota
Knobelsdorff Electric, Inc. MN$10.8M · 0.66%
McC, Inc. MN$8.2M · 0.67%
Wescom, Inc. MN$8.1M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411687493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.