Plan Snapshot
- Plan Sponsor: J.A. Watts, INC.
- Sponsor EIN: 364295682
- Sponsor Address: 8550 W BRYN MAWR AVE., CHICAGO, IL, 60631
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $13.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 135 | $13.9M | $703,943 | $1.5M |
| 2023 | 140 | $11.5M | $691,845 | $1.5M |
| 2022 | 124 | $7.8M | $540,395 | $1.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES LLC DB | INVESTMENT ADVISOR | $42,566 | — | $42,566 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $32,774 | — | $32,774 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $8,984 | — | $8,984 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,324
- Estimated Expense Ratio: 0.608% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $84,324 | $51,550 | — | — | — |
| 2023 | $66,833 | $36,315 | — | — | — |
| 2022 | $59,938 | $28,181 | $31,757 | — | — |