Plan Ledger DOL Form 5500 · updated monthly

Waters Technologies Corporation401(k) + ESOP (KSOP)

THE WATERS EMPLOYEE INVESTMENT PLAN · MILFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Waters Technologies Corporation reported $546,507 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $6,913 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 fell from 0.053% to 0.046%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 46th-largest of 2,726 plans among Massachusetts employers on file, and the 265th of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,249,626,499
Participants with balances4,210
Active participants2,894
Employer contributions$20,005,412
Employee contributions$34,888,524
Employer contribution per active participant$6,913
Average account balance$296,823
Benefits paid to participants$126,686,819
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 4,210 accts · $20.0M emplr
2023$1.1B · 4,334 accts · $21.2M emplr
2022$981.8M · 4,305 accts · $20.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$192,940
Investment management$129,946
Total administrative$546,507
The Waters Technologies Corporation 401(k) match · 2024
Employer contribution per active participant$6,913
Median for plans this size$5,259
2024$6,913 per active participant
2023$7,117 per active participant
2022$6,629 per active participant

Waters Technologies Corporation's 2024 employer contribution ran above the $5,259 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
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee · Loan processing$416,561
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$129,946

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$546,507 · 0.05%
2023$486,979 · 0.05%
2022$581,468 · 0.05%
Same employer
Similar plansManufacturing · Massachusetts
Analog Devices, Inc. MA$4.3B · 0.01%
Biogen Inc. MA$2.2B
Veralto Corporation MA$1.3B · 0.08%
Hologic, Inc. MA$1.2B · 0.00%
Revvity, Inc. MA$943.9M · 0.05%
Cabot Corporation MA$875.6M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043234558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.