Plan Snapshot
- Plan Sponsor: Watlow Electric Manufacturing Company
- Sponsor EIN: 430574450
- Sponsor Address: 12001 LACKLAND ROAD, ST. LOUIS, MO, 63146
- Plan Type: 401(k)
- Total Participants: 1,431
- Total Assets: $298.2M
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 | 1,431 | $298.2M | $9.7M | $8.9M |
| 2023 | 1,349 | $277.3M | $10.0M | $9.2M |
| 2022 | 1,739 | $262.6M | $10.3M | $8.9M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $104,626 | — | $104,626 |
| GALLAGHER BENEFIT SERVICES INC DBA | CONSULTING | $66,000 | — | $66,000 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $59,547 | — | $59,547 |
| MCGLADREY LLP | AUDITOR | $22,134 | — | $22,134 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $252,307
- Estimated Expense Ratio: 0.085% 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 | $349,569 | $192,760 | — | — | — |
| 2023 | $350,006 | $157,802 | — | $20,026 | — |
| 2022 | $441,482 | $279,171 | $162,311 | — | — |