Plan Ledger DOL Form 5500 · updated monthly

Water-Land Manufacturing & Sup401(k)

WATER-LAND MANUFACTURING & SUP 401(K) PROFIT SHARING PLAN & TRUST · DORAL, FL · plan year 2022

Reported admin expense ratio · 2022
0.82%

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

Water-Land Manufacturing & Sup reported $7,317 in plan administrative expenses for 2022: 0.82% of average plan assets, below the peer median. Employer contributions averaged $133 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,422nd of 3,644), and 11,330th of 11,654 in professional & technical services. In 2022, employees put in $4.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$785,834
Participants with balances78
Active participants104
Employer contributions$13,805
Employee contributions$63,813
Employer contribution per active participant$133
Average account balance$10,075
Benefits paid to participants$113,356
Plan auditUnmodified (clean) audit opinion
AuditorFLYNN & COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,317
Total administrative$7,317
The Water-Land Manufacturing & Sup 401(k) match · 2022
Employer contribution per active participant$133
Median for plans this size$331

Water-Land Manufacturing & Sup's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,317 · 0.82%
Similar plansProfessional & Technical Services · Florida
Tobias & Associates Inc FL$802K · 1.49%
Ronald E. Sholes, P.A. FL$796K · 1.41%
Trading Pub LLC FL$771K · 0.11%
Tickmark, Inc. FL$651K · 1.51%
Aba Solutions, Inc. FL$501K · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831403825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.