Plan Ledger DOL Form 5500 · updated monthly

Watkins & Eager PLLC401(k)

WATKINS & EAGER PLLC 401(K) SAVINGS PLAN · JACKSON, MS · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Watkins & Eager PLLC reported $19,657 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $19,789 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 0.016%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 21st-largest of 367 plans among Mississippi employers on file, and the 1,177th of 11,654 in professional & technical services. In 2024, the employer put in $2.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$132,523,363
Participants with balances137
Active participants101
Employer contributions$1,998,719
Employee contributions$980,394
Employer contribution per active participant$19,789
Average account balance$967,324
Benefits paid to participants$4,838,724
Plan auditUnmodified (clean) audit opinion
AuditorHARPER RAINS KNIGHT & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$132.5M · 137 accts · $2.0M emplr
2023$120.0M · 140 accts · $2.0M emplr
2022$106.4M · 137 accts · $1.9M emplr
The Watkins & Eager PLLC 401(k) match · 2024
Employer contribution per active participant$19,789
Median for plans this size$3,635
2024$19,789 per active participant
2023$18,938 per active participant
2022$19,675 per active participant

Watkins & Eager PLLC's 2024 employer contribution ran above the $3,635 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.

Administrative cost history3
2024$19,657 · 0.02%
2023$18,788 · 0.02%
2022$18,563 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Mississippi
Butler Snow LLP MS$299.4M · 0.07%
Huntsworth Group, Inc. PA$132.9M · 0.16%
Hanson Group, Inc. IL$132.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640261610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.