Plan Ledger DOL Form 5500 · updated monthly

Deepwatch, Inc.401(k)

DEEPWATCH, INC. 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Deepwatch, Inc. reported $110,361 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,956 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 2 years on file its reported administrative ratio fell from 0.60% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,105th-largest of 3,644 plans among Florida employers on file, and the 5,511th of 11,654 in professional & technical services. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has shrunk from 401 to 280 since 2022.

Plan summary
Net assets, end of year$20,163,135
Participants with balances406
Active participants280
Employer contributions$1,387,554
Employee contributions$3,263,548
Employer contribution per active participant$4,956
Average account balance$49,663
Benefits paid to participants$6,443,556
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 406 accts · $1.4M emplr
2023$19.1M · 539 accts · $1.7M emplr
2022$11.7M · 451 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,394
Investment management$42,669
Total administrative$110,361
The Deepwatch, Inc. 401(k) match · 2024
Employer contribution per active participant$4,956
Median for plans this size$2,416
2024$4,956 per active participant
2023$4,296 per active participant
2022$3,618 per active participant

Deepwatch, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$41,929
RETIREMENT SOLUTIONS SPECIALISTS · Contract administrator$13,895
EMPOWER ADVISORY GROUP, LLC · Investment management$740

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

Administrative cost history3
2024$110,361 · 0.56%
2023$105,520 · 0.69%
2022$62,954 · 0.60%
Same employer
Similar plansProfessional & Technical Services · Florida
Invisors, LLC FL$21.0M · 0.38%
Sign a Rama, Inc. FL$20.8M · 0.41%
Kelley Kronenberg, P.A. FL$20.1M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384056947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.