Plan Ledger DOL Form 5500 · updated monthly

Watts Water Technologies, Inc.401(k)

WATTS WATER TECHNOLOGIES, INC. 401(K) SAVINGS PLAN · NORTH ANDOVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Watts Water Technologies, Inc. reported $217,227 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $3,736 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 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 160th-largest of 2,726 plans among Massachusetts employers on file, and the 772nd of 13,661 in manufacturing. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has grown from 1,767 to 2,275 since 2022.

Plan summary
Net assets, end of year$342,410,587
Participants with balances2,530
Active participants2,275
Employer contributions$8,500,451
Employee contributions$11,023,183
Employer contribution per active participant$3,736
Average account balance$135,340
Benefits paid to participants$24,426,876
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$342.4M · 2,530 accts · $8.5M emplr
2023$230.6M · 2,429 accts · $8.1M emplr
2022$192.0M · 2,480 accts · $7.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$152,153
Investment management$65,074
Total administrative$217,227
The Watts Water Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$3,736
Median for plans this size$4,294
2024$3,736 per active participant
2023$4,743 per active participant
2022$4,285 per active participant

Watts Water Technologies, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$152,153
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$65,074

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$217,227 · 0.08%
2023$200,396 · 0.09%
2022$90,806 · 0.04%
Same employer
Similar plansManufacturing · Massachusetts
Bruker Corporation MA$403.3M · 0.16%
The Gillette Company LLC MA$380.8M · 0.02%
Sappi North America, Inc. MA$376.8M · 0.04%
Boston Beer Corporation MA$353.4M · 0.06%
Sensata Technologies, Inc. MA$321.5M · 0.07%
Ipg Photonics Corporation MA$288.9M · 0.02%
Altra Industrial Motion Corp MA$286.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042916536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.