Plan Ledger DOL Form 5500 · updated monthly

Watershed Hospitality401(k)

WATERSHED HOSPITALITY 401(K) PLAN · TULSA, OK · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

Watershed Hospitality reported $160 in plan administrative expenses for 2022: 0.22% of average plan assets, lower than ~75% of peers. Employer contributions averaged $75 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Oklahoma (722nd of 724), and 2,150th of 2,240 in accommodation & food services. In 2022, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$89,796
Participants with balances15
Active participants258
Employer contributions$19,330
Employee contributions$30,406
Employer contribution per active participant$75
Average account balance$5,986
Benefits paid to participants$3,755
Plan auditUnmodified (clean) audit opinion
AuditorCONKLIN GILPIN WERTZ PLLC
Administrative expenses, itemized · 2022
Professional / advisory$160
Total administrative$160
The Watershed Hospitality 401(k) match · 2022
Employer contribution per active participant$75
Median for plans this size$331

Watershed Hospitality's 2022 employer contribution ran below the $331 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$160 · 0.22%
Similar plansAccommodation & Food Services · Oklahoma
Kaw Nation OK$714K · 0.75%
Fine Management, LLC OK$155K · 1.71%
Sc Campbell LP CA$93K · 25.17%
Gourmet Gorilla Inc IL$92K · 1.07%
Velvet Taco, Inc. TX$91K · 1.70%
Asia Focus, LLC FL$91K · 1.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872065635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.