Plan Ledger DOL Form 5500 · updated monthly

Watertronics, LLC401(k)

WATERTRONICS 401(K) PLAN · HARTLAND, WI · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Watertronics, LLC reported $28,629 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,425 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 rose from 0.13% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,234th of 1,936), and 8,404th of 13,661 in manufacturing. In 2024, employees put in $2.84 for every $1.00 the employer contributed; active participation has grown from 127 to 156 since 2022.

Plan summary
Net assets, end of year$10,898,576
Participants with balances186
Active participants156
Employer contributions$378,236
Employee contributions$1,075,703
Employer contribution per active participant$2,425
Average account balance$58,594
Benefits paid to participants$581,351
Plan auditUnmodified (clean) audit opinion
AuditorCHORTEK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 186 accts · $378K emplr
2023$8.9M · 162 accts · $317K emplr
2022$7.1M · 154 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,629
Total administrative$28,629
The Watertronics, LLC 401(k) match · 2024
Employer contribution per active participant$2,425
Median for plans this size$1,313
2024$2,425 per active participant
2023$2,170 per active participant
2022$2,251 per active participant

Watertronics, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
JOHNSON BANK · Trustee · Investment advisory (plan)$28,629

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$28,629 · 0.29%
2023$15,148 · 0.19%
2022$9,621 · 0.13%
Same employer
Similar plansManufacturing · Wisconsin
H.G. Weber & Co., Inc. WI$11.1M · 0.26%
Wigwam Mills, Inc. WI$11.0M · 0.42%
Escargot Holdings, LLC WI$10.9M · 0.02%
Midland Plastics, Inc. WI$10.9M · 0.37%
Asenzya, Inc. WI$10.9M · 0.21%
A&E Incorporated WI$10.8M · 0.43%
Olympus Group, Inc. WI$10.8M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391794482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.