Plan Snapshot
- Plan Sponsor: Waters Technologies Corporation
- Sponsor EIN: 043234558
- Sponsor Address: 34 MAPLE STREET, MILFORD, MA, 01757
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 665
- Total Assets: $19.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 665 | $19.8M | $663,084 | $1.0M |
| 2023 | 627 | $18.2M | $534,953 | $1.1M |
| 2022 | 704 | $15.7M | $432,626 | $1.1M |
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 |
|---|---|---|---|---|
| FIDUCIENT ADVISORS | Other Service Provider | $60,000 | — | $60,000 |
| B-SWIFT | Other Service Provider | $45,000 | — | $45,000 |
| GRANT THORNTON LLP | Other Service Provider | $37,560 | — | $37,560 |
| MILLIMAN | Recordkeeper | $36,000 | — | $36,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $178,560
- Estimated Expense Ratio: 0.901% 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 | $182,854 | $60,000 | — | $37,560 | — |
| 2023 | $171,004 | $60,469 | $71,593 | — | — |
| 2022 | $179,324 | $55,832 | — | — | $70,171 |