Plan Ledger DOL Form 5500 · updated monthly

Watchtower Technologies, Inc.401(k)

WATCHTOWER TECHNOLOGIES 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Watchtower Technologies, Inc. reported $4,225 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $74 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 1 year on file its reported administrative ratio rose from 0.098% to 0.103%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Illinois (2,980th of 3,702), and 1,901st of 2,199 in information & media. In 2024, employees put in $122.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,792,623
Participants with balances139
Active participants125
Employer contributions$9,250
Employee contributions$1,132,814
Employer contribution per active participant$74
Average account balance$34,479
Benefits paid to participants$343,352
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.8M · 139 accts · $9K emplr
2023$3.4M · 128 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$988
Investment management$3,237
Total administrative$4,225
The Watchtower Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$74
Median for plans this size$1,313

Watchtower Technologies, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history2
2024$4,225 · 0.10%
2023$2,658 · 0.10%
Same employer
Similar plansInformation & Media · Illinois
Productive Edge, LLC IL$6.8M · 0.63%
Most Group Inc IL$5.3M · 0.05%
Baron App, Inc. IL$3.8M · 0.31%
Ph Media (USA), Inc. IL$3.0M · 0.86%
Stratus Networks, Inc. IL$2.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472182658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.