Plan Snapshot
- Plan Sponsor: Watertronics, LLC
- Sponsor EIN: 391794482
- Sponsor Address: 525 E. INDUSTRIAL DRIVE, HARTLAND, WI, 53029
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $10.9M
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. |
|---|---|---|---|---|
| 2024 | 156 | $10.9M | $378,236 | $1.1M |
| 2023 | 146 | $8.9M | $316,754 | $921,910 |
| 2022 | 127 | $7.1M | $285,877 | $798,060 |
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 |
|---|---|---|---|---|
| JOHNSON BANK | NONE | $28,629 | — | $28,629 |
| CHORTEK LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHORTEK LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,629
- Estimated Expense Ratio: 0.263% 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 | $28,629 | — | $25,159 | — | — |
| 2023 | $15,148 | — | $12,467 | — | — |
| 2022 | $9,621 | — | — | — | — |