Plan Ledger DOL Form 5500 · updated monthly

Watermill Express LLC401(k)

WATERMILL EXPRESS RETIREMENT PLAN · BRIGHTON, CO · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Watermill Express LLC reported $22,795 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,105 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 rose from 0.22% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Colorado (799th of 1,461), and 2,685th of 5,215 in retail trade. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 228 to 325 since 2022.

Plan summary
Net assets, end of year$9,671,508
Participants with balances303
Active participants325
Employer contributions$358,995
Employee contributions$622,255
Employer contribution per active participant$1,105
Average account balance$31,919
Benefits paid to participants$613,867
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 303 accts · $359K emplr
2023$8.5M · 258 accts · $206K emplr
2022$7.0M · 207 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,113
Investment management$18,682
Total administrative$22,795
The Watermill Express LLC 401(k) match · 2024
Employer contribution per active participant$1,105
Median for plans this size$1,313
2024$1,105 per active participant
2023$791 per active participant
2022$434 per active participant

Watermill Express 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$4,863
IFAM CAPITAL · Investment advisory (participants) · Investment advisory (plan)$18,682

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,795 · 0.25%
2023$17,330 · 0.22%
2022$17,080 · 0.22%
Same employer
Similar plansRetail Trade · Colorado
Spark Fun Electronics Inc CO$10.3M · 0.12%
Pioneer Sand Company, Inc. CO$10.1M · 0.12%
Listen Up, Inc. CO$9.6M · 0.03%
Wellbiz Brands, Inc. CO$9.4M · 0.61%
Hight Enterprises, LTD CO$8.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421601440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.