Plan Ledger DOL Form 5500 · updated monthly

Watson Civil Construction, Inc.401(k)

WATSON CIVIL 401(K) PLAN · SAINT AUGUSTINE, FL · plan year 2022

Reported admin expense ratio · 2022
0.68%

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

Watson Civil Construction, Inc. reported $16,817 in plan administrative expenses for 2022: 0.68% of average plan assets, above the peer median. Employer contributions averaged $915 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,992nd of 3,644), and 4,672nd of 5,337 in construction. In 2022, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,502,839
Participants with balances66
Active participants187
Employer contributions$171,155
Employee contributions$397,123
Employer contribution per active participant$915
Average account balance$37,922
Benefits paid to participants$139,641
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,817
Total administrative$16,817
The Watson Civil Construction, Inc. 401(k) match · 2022
Employer contribution per active participant$915
Median for plans this size$1,114

Watson Civil Construction, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,817 · 0.68%
Same employer
Similar plansConstruction · Florida
A-1 Block Corp FL$2.6M · 0.07%
Universal Forming, Inc. FL$2.5M · 0.28%
West Construction Inc FL$2.4M · 0.58%
Heichel Plumbing Inc. FL$2.4M · 1.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465639198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.