Plan Snapshot
- Plan Sponsor: Watermark Capital INC
- Sponsor EIN: 204255880
- Sponsor Address: 16500 BAKE PKWY, IRVINE, CA, 926185602
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 97
- Total Assets: $9.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 97 | $9.9M | $0 | $0 |
| 2024 | 102 | $8.8M | $175,579 | $496,713 |
| 2023 | 106 | $7.4M | $299,380 | $468,157 |
| 2022 | 77 | $6.4M | $824,040 | $837,259 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $14,330 | — | $14,330 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,330
- Estimated Expense Ratio: 0.144% 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 |
|---|---|---|---|---|---|
| 2025 | $942,296 | — | $14,120 | — | — |
| 2024 | $13,582 | — | $12,722 | — | — |
| 2023 | $14,371 | — | $13,511 | — | — |
| 2022 | $18,887 | — | $18,887 | — | — |