Plan Ledger DOL Form 5500 · updated monthly

U.S. Water Services Corporation401(k)

U.S. WATER SERVICES CORPORATION 401(K) PLAN · NEW PORT RICHEY, FL · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

U.S. Water Services Corporation reported $117,437 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $923 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 rose from 0.13% to 0.58%. 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 1,040th-largest of 3,644 plans among Florida employers on file, and the 5,167th of 11,654 in professional & technical services. In 2024, employees put in $3.64 for every $1.00 the employer contributed; active participation has grown from 697 to 777 since 2022.

Plan summary
Net assets, end of year$22,222,076
Participants with balances865
Active participants777
Employer contributions$717,324
Employee contributions$2,608,025
Employer contribution per active participant$923
Average account balance$25,690
Benefits paid to participants$2,099,786
Plan auditUnmodified (clean) audit opinion
AuditorBRIMMER, BUREK & KELLAN, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 865 accts · $717K emplr
2023$18.6M · 713 accts · $779K emplr
2022$15.5M · 868 accts · $707K emplr
Administrative expenses, itemized · 2024
Investment management$117,437
Total administrative$117,437
The U.S. Water Services Corporation 401(k) match · 2024
Employer contribution per active participant$923
Median for plans this size$2,416
2024$923 per active participant
2023$1,029 per active participant
2022$1,014 per active participant

U.S. Water Services Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
NATIONWIDE · Recordkeeping$69,970
NATIONWIDE · Recordkeeping$2,708
NATIONWIDE RETIREMENT PLANS · Recordkeeping$93
RAYMOND JAMES · Investment advisory (participants) · Investment advisory (plan)$117,138

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$117,437 · 0.58%
2023$189,313 · 1.11%
2022$20,198 · 0.13%
Same employer
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Centralreach, LLC FL$23.4M · 0.47%
Bitdefender Inc FL$23.4M · 0.40%
Farah & Farah, P.A. FL$22.4M · 0.07%
Geographic Solutions, Inc. FL$22.3M · 0.02%
Teamviewer US, Inc. FL$21.9M · 0.68%
Naylor, L.L.C. FL$21.8M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200008821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.