Plan Ledger DOL Form 5500 · updated monthly

Waters & Kraus, LLP401(k)

WATERS & KRAUS, L.L.P. RETIREMENT PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Waters & Kraus, LLP reported $73,483 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $4,987 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 0.28%. 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 1,586th-largest of 5,688 plans among Texas employers on file, and the 4,311th of 11,654 in professional & technical services. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 84 to 98 since 2022.

Plan summary
Net assets, end of year$28,711,215
Participants with balances118
Active participants98
Employer contributions$488,769
Employee contributions$973,089
Employer contribution per active participant$4,987
Average account balance$243,315
Benefits paid to participants$839,652
Plan auditUnmodified (clean) audit opinion
AuditorMCBEE & CO., PC
Plan history3
Yearassets · accounts · employer contribution
2024$28.7M · 118 accts · $489K emplr
2023$24.2M · 117 accts · $433K emplr
2022$19.4M · 111 accts · $377K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,352
Investment management$48,131
Total administrative$73,483
The Waters & Kraus, LLP 401(k) match · 2024
Employer contribution per active participant$4,987
Median for plans this size$2,416
2024$4,987 per active participant
2023$4,816 per active participant
2022$4,484 per active participant

Waters & Kraus, LLP'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
REGIONS BANK · Investment advisory (plan)$48,122
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$25,151

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$73,483 · 0.28%
2023$75,966 · 0.35%
2022$66,487 · 0.29%
Similar plansProfessional & Technical Services · Texas
Gyrodata Incorporated TX$29.2M · 0.25%
Axiom Space, Inc. TX$27.7M · 0.04%
Fmc Services, LLC TX$27.7M · 0.50%
Shiftkey, LLC TX$27.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752797531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.