Plan Ledger DOL Form 5500 · updated monthly

Waterrower, Inc.401(k)

WATERROWER, INC. 401(K) PLAN · WARREN, RI · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Waterrower, Inc. reported $186 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $720 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 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Rhode Island (269th of 286), and 12,992nd of 13,661 in manufacturing. In 2022, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,626,806
Participants with balances59
Active participants128
Employer contributions$92,134
Employee contributions$167,437
Employer contribution per active participant$720
Average account balance$27,573
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$186
Total administrative$186
The Waterrower, Inc. 401(k) match · 2022
Employer contribution per active participant$720
Median for plans this size$1,114

Waterrower, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$186 · 0.01%
Same employer
Similar plansManufacturing · Rhode Island
Ira Green Inc RI$3.9M · 0.65%
Sherle Wagner RI$2.7M · 0.35%
Squadlocker, Inc. RI$2.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050434339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.