Plan Ledger DOL Form 5500 · updated monthly

Watco Companies, L.L.C.401(k)

WATCO COMPANIES, L.L.C. 401(K) PLAN · PITTSBURG, KS · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Watco Companies, L.L.C. reported $404,546 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,408 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 0.25% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 39th-largest of 828 plans among Kansas employers on file, and the 155th of 2,677 in transportation & warehousing. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$187,778,005
Participants with balances3,140
Active participants4,284
Employer contributions$6,032,890
Employee contributions$13,578,096
Employer contribution per active participant$1,408
Average account balance$59,802
Benefits paid to participants$12,530,754
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$187.8M · 3,140 accts · $6.0M emplr
2023$156.6M · 3,330 accts · $5.9M emplr
2022$128.0M · 3,271 accts · $5.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$162,159
Investment management$44,814
Trustee / custodial$166,672
Total administrative$404,546
The Watco Companies, L.L.C. 401(k) match · 2024
Employer contribution per active participant$1,408
Median for plans this size$3,635
2024$1,408 per active participant
2023$1,372 per active participant
2022$1,287 per active participant

Watco Companies, L.L.C.'s 2024 employer contribution ran below the $3,635 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 · 20241
BOKF, NA · Investment advisory (plan) · Trustee$404,546

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$404,546 · 0.23%
2023$324,264 · 0.23%
2022$356,714 · 0.25%
Same employer
Similar plansTransportation & Warehousing · Kansas
Agero, Inc. MA$190.9M · 0.12%
Bristow Group Inc. TX$189.5M · 0.02%
Tallgrass Management LLC KS$187.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481199475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.