Plan Snapshot
- Plan Sponsor: Watts Water Technologies, INC.
- Sponsor EIN: 042916536
- Sponsor Address: 815 CHESTNUT STREET, NORTH ANDOVER, MA, 01845
- Plan Type: 401(k)
- Total Participants: 2,275
- Total Assets: $342.4M
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 | 2,275 | $342.4M | $8.5M | $11.0M |
| 2023 | 1,717 | $230.6M | $8.1M | $10.3M |
| 2022 | 1,767 | $192.0M | $7.6M | $9.5M |
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 |
|---|---|---|---|---|
| BAKER TILLY US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $217,227 | $65,074 | $600 | — | — |
| 2023 | $200,396 | $62,091 | $300 | — | — |
| 2022 | $90,806 | $63,551 | — | — | — |