Plan Ledger DOL Form 5500 · updated monthly

Waterfield Technologies401(k)

WATERFIELD TECHNOLOGIES 401(K) PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Waterfield Technologies reported $108,026 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $4,448 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 0.27% to 0.32%. 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 165th-largest of 724 plans among Oklahoma employers on file, and the 3,798th of 11,654 in professional & technical services. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,822,413
Participants with balances389
Active participants225
Employer contributions$1,000,728
Employee contributions$2,375,896
Employer contribution per active participant$4,448
Average account balance$86,947
Benefits paid to participants$6,701,843
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$33.8M · 389 accts · $1.0M emplr
2023$33.1M · 438 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,286
Investment management$59,740
Total administrative$108,026
The Waterfield Technologies 401(k) match · 2024
Employer contribution per active participant$4,448
Median for plans this size$2,416
2024$4,448 per active participant
2023$4,126 per active participant

Waterfield Technologies's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
CREATIVE PLANNING HOLDCO, LLC · Recordkeeping · Trustee$59,739
ADP, INC. · Loan processing · Recordkeeping$48,286

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

Recordkeeper by year2
2024ADP, CREATIVE PLANNING HOLDCO, LLC
2023ADP, CREATIVE PLANNING HOLDCO, LLC

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Administrative cost history2
2024$108,026 · 0.32%
2023$90,743 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Oklahoma
Clarion Events, Inc. OK$37.0M · 0.23%
Cymstar, LLC OK$29.4M · 0.01%
Interworks, Inc. OK$23.9M · 0.54%
North Bay Associates, LLC OK$23.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471044432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.