Plan Snapshot
- Plan Sponsor: Watermill Express LLC
- Sponsor EIN: 421601440
- Sponsor Address: 1177 S 4TH AVE, BRIGHTON, CO, 80601
- Plan Type: 401(k)
- Total Participants: 325
- Total Assets: $9.7M
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 | 325 | $9.7M | $358,995 | $622,255 |
| 2023 | 260 | $8.5M | $205,777 | $470,371 |
| 2022 | 228 | $7.0M | $98,984 | $382,194 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $4,863 | $22,031 | $26,894 |
| IFAM CAPITAL | Investment Advisor | $18,682 | — | $18,682 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- IFAM CAPITAL — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,576
- Estimated Expense Ratio: 0.471% 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 | $22,795 | $18,682 | $4,113 | — | — |
| 2023 | $17,330 | $15,459 | $1,871 | — | — |
| 2022 | $17,080 | $13,935 | $3,145 | — | — |