Plan Ledger DOL Form 5500 · updated monthly

Waterline Renewal Technologies, Inc401(k)

WATERLINE RENEWAL TECHNOLOGIES, INC. 401(K) PLAN · ELK GROVE VILLAGE, IL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Waterline Renewal Technologies, Inc reported $39,266 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $3,364 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 3 years on file its reported administrative ratio has held roughly steady near 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Illinois (2,491st of 3,702), and 3,256th of 5,337 in construction. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,890,325
Participants with balances159
Active participants108
Employer contributions$363,335
Employee contributions$706,162
Employer contribution per active participant$3,364
Average account balance$55,914
Benefits paid to participants$1,068,702
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 159 accts · $363K emplr
2023$7.6M · 166 accts · $368K emplr
2022$5.4M · 173 accts · $361K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,266
Total administrative$39,266
The Waterline Renewal Technologies, Inc 401(k) match · 2024
Employer contribution per active participant$3,364
Median for plans this size$1,313
2024$3,364 per active participant
2023$3,476 per active participant
2022$3,198 per active participant

Waterline Renewal Technologies, Inc's 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,265
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp

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$39,266 · 0.48%
2023$32,439 · 0.50%
2022$29,428 · 0.47%
Similar plansConstruction · Illinois
U.S. Waterproofing IL$10.1M · 0.65%
Optima, Inc. IL$9.3M · 0.61%
R.L. Brink Corp. IL$7.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455414424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.