Plan Snapshot
- Plan Sponsor: Waters Truck And Tractor Co. INC.
- Sponsor EIN: 640435228
- Sponsor Address: P.O. BOX 831, COLUMBUS, MS, 397030831
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 289
- Total Assets: $16.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 289 | $16.3M | $0 | $0 |
| 2024 | 256 | $15.0M | $270,202 | $924,407 |
| 2023 | 282 | $13.8M | $261,506 | $907,013 |
| 2022 | 247 | $11.7M | $231,165 | $793,594 |
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 |
|---|---|---|---|---|
| PINNACLE WEALTH LLC | Other Service Provider | $54,494 | — | $54,494 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $20,092 | — | $20,092 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,586
- Estimated Expense Ratio: 0.457% 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 | $1,851,967 | — | $74,586 | — | — |
| 2024 | $69,530 | $50,908 | $18,622 | — | — |
| 2023 | $61,388 | $43,500 | $17,888 | — | — |
| 2022 | $56,039 | $39,353 | $16,686 | — | — |