Plan Ledger DOL Form 5500 · updated monthly

Watts Healthcare CorporationDC plan

WATTS HEALTHCARE CORPORATION MONEY PURCHASE PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Watts Healthcare Corporation reported $6,225 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,911 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 0.05% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (5,573rd of 9,483), and the 5,843rd of 11,911 in health care & social assistance. active participation has shrunk from 287 to 251 since 2022.

Plan summary
Net assets, end of year$9,573,390
Participants with balances299
Active participants251
Employer contributions$479,559
Employee contributions$0
Employer contribution per active participant$1,911
Average account balance$32,018
Benefits paid to participants$1,063,354
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 299 accts · $480K emplr
2023$9.2M · 380 accts · $517K emplr
2022$8.1M · 381 accts · $521K emplr
Employer contributions to the Watts Healthcare Corporation plan · 2024
Employer contribution per active participant$1,911
Median for plans this size$1,313
2024$1,911 per active participant
2023$2,500 per active participant
2022$1,815 per active participant

Watts Healthcare Corporation's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$7,690

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,225 · 0.07%
2023$4,611 · 0.05%
2022$4,339 · 0.05%
Similar plansHealth Care & Social Assistance · California
Pathway Society Inc. CA$9.7M · 0.12%
Behavior Frontiers, LLC CA$9.5M · 2.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753110613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.