Plan Ledger DOL Form 5500 · updated monthly

Watterson Construction CompanyProfit-sharing plan

CONTRACTORS AND EMPLOYEES RETIREMENT PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Watterson Construction Company reported $16,685 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.04% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Alaska (91st of 160), and 2,676th of 5,337 in construction. active participation has grown from 46 to 73 since 2022.

Plan summary
Net assets, end of year$13,057,508
Participants with balances113
Active participants73
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$115,553
Benefits paid to participants$659,630
Plan auditUnmodified (clean) audit opinion
AuditorSWALLING & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 113 accts
2023$12.2M · 123 accts · $1.3M emplr
2022$12.1M · 139 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Investment management$16,685
Total administrative$16,685
Employer contributions to the Watterson Construction Company plan · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$14,826 per active participant
2022$67,904 per active participant

Watterson Construction Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
AMERITAS LIFE INSURANCE COMPANY · Recordkeeping · Loan processingindirect comp
SWALLING & ASSOCIATES · Accounting / auditindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ameritas
2023Transamerica

This plan has changed recordkeepers within these filings. If you left Watterson Construction Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$16,685 · 0.13%
2023$19,980 · 0.16%
2022$5,471 · 0.04%
Similar plansConstruction · Alaska
Samson Electric, Inc. AK$22.6M · 0.41%
Delta Constructors, LLC AK$19.5M · 0.72%
Harding Holdings, Inc. AK$14.2M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920078826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.