Plan Snapshot
- Plan Sponsor: Waterford Bank, N.A.
- Sponsor EIN: 113809585
- Sponsor Address: 3900 N MCCORD ROAD, TOLEDO, OH, 43617
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $21.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 105 | $21.4M | $468,049 | $937,280 |
| 2023 | 99 | $22.3M | $462,392 | $956,517 |
| 2022 | 110 | $20.2M | $1.1M | $989,382 |
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 |
|---|---|---|---|---|
| GBQ PARTNERS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GBQ PARTNERS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $3,131 | — | — | — | — |
| 2023 | $11,674 | — | $7,687 | — | — |
| 2022 | $11,407 | — | — | — | $11,407 |