Plan Snapshot
- Plan Sponsor: Waterline Industries Corporation
- Sponsor EIN: 020417129
- Sponsor Address: 7 LONDON LANE, SEABROOK, NH, 03874
- Plan Type: 401(k)
- Total Participants: 106
- Total Assets: $43.9M
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 | 106 | $43.9M | $986,914 | $845,030 |
| 2023 | 96 | $34.7M | $881,628 | $640,918 |
| 2022 | 97 | $26.6M | $827,221 | $559,739 |
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 |
|---|---|---|---|---|
| BDNP ASSURANCE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDNP ASSURANCE, LLP — 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 | $6,351 | $3,252 | $2,550 | — | — |
| 2023 | $445,988 | — | $5,353 | — | — |
| 2022 | $1,233,247 | — | $4,893 | — | — |