Plan Snapshot
- Plan Sponsor: Waterbridge Management Company LLC
- Sponsor EIN: 364898754
- Sponsor Address: 5555 SAN FELIPE, HOUSTON, TX, 77056
- Plan Type: 401(k)
- Total Participants: 483
- Total Assets: $25.8M
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 | 483 | $25.8M | $3.0M | $3.2M |
| 2023 | 425 | $18.6M | $2.4M | $2.6M |
| 2022 | 364 | $12.0M | $1.7M | $1.9M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $100,752 | — | $100,752 |
| GALLAGHER FIDUCIARY ADVISORS | ADVISOR | $46,874 | — | $46,874 |
| WHITLEY PENN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
- GALLAGHER FIDUCIARY ADVISORS — ADVISOR
- WHITLEY PENN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $147,626
- Estimated Expense Ratio: 0.571% 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 | $144,029 | $46,874 | $87,980 | — | — |
| 2023 | $98,327 | $31,184 | $67,143 | — | — |
| 2022 | $80,150 | $17,970 | $62,180 | — | — |