Plan Ledger DOL Form 5500 · updated monthly

Water Gap Capital Partners LLC401(k)

WATER GAP CAPITAL PARTNERS LLC 401K · STROUDSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
1.60%

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

Water Gap Capital Partners LLC reported $18,696 in plan administrative expenses for 2024: 1.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,045 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,458th of 3,651), and 10,554th of 11,911 in health care & social assistance. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,398,644
Participants with balances174
Active participants164
Employer contributions$171,437
Employee contributions$417,970
Employer contribution per active participant$1,045
Average account balance$8,038
Benefits paid to participants$116,285
Plan auditUnmodified (clean) audit opinion
AuditorCLA CONNECT
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,072
Investment management$9,624
Total administrative$18,696
The Water Gap Capital Partners LLC 401(k) match · 2024
Employer contribution per active participant$1,045
Median for plans this size$1,313

Water Gap Capital Partners LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$13,981

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

Administrative cost history1
2024$18,696 · 1.60%
Similar plansHealth Care & Social Assistance · Pennsylvania
The Ecumenical Community PA$1.5M · 0.19%
McAr, Inc. PA$1.4M · 1.29%
Typical Life Corporation PA$1.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832540598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.