Plan Ledger DOL Form 5500 · updated monthly

Waterstone Bank SsbESOP

2015 AMENDED AND RESTATED WATERSTONE BANK SSB EMPLOYEE STOCK OWNERSHIP PLAN · WAUWATOSA, WI · plan year 2022

Reported admin expense ratio · 2022
0.00%

Waterstone Bank Ssb reported $1,447 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. 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 rose from 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 747th-largest of 1,936 plans among Wisconsin employers on file, and 2,738th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$24,519,607
Participants with balances215
Active participants115
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$114,045
Benefits paid to participants$2,215,530
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history4
Yearassets · accounts · employer contribution
2025$22.5M · 219 accts · $1.5M emplr
2024$15.8M · 232 accts · $1.5M emplr
2023$17.7M · 218 accts · $1.2M emplr
2022$24.5M · 215 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,447
Total administrative$1,447
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 history4
2025$1,786 · 0.01%
2024$1,199 · 0.01%
2023$1,693 · 0.01%
2022$1,447 · 0.00%
All plans at this employer2
WATERSTONE BANK SSB 401(K) PLAN401(k)
2015 AMENDED AND RESTATED WATERSTONE BANK SSB EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 390691250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.