Retirement plan

WATERTON 401(K) PROFIT SHARING PLAN

Name: WATERTON ASSOCIATES - WATERTON 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: WATERTON ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WATERTON 401(K) PROFIT SHARING PLAN, WATERTON ASSOCIATES

WATERTON ASSOCIATESEIN 36-4020229Plan #001PY 2022

222 S. RIVERSIDE PLAZA, 20TH FLOOR - CHICAGO, IL 60606312-948-4500

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$39.6M

-14.5% from 2021

Total participants

2,879

+14.8% from 2021

Average account balance

$30,045

-11.6% from 2021

Annual return

-16.73%

-32.76 pp from 2021

Benchmarks

See 128 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants1,000-4,999

Cohort128 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$53.64M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$51K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,044

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

47.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.11%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$198

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL7+ years Service code 37 · EIN 04-2647786	Loan Processing	$123,527
LOCKTON INVESTMENT ADVISORS, LLC1 year Filed as: LOCKTON INVESTMENT ADVISORS Service code 27 · EIN 20-8874282	Advisory (Plan)	$66,487
SIKICH LLP1 year Service code 10 · EIN 36-3168081	Accounting	$13,500
CREATIVE PLANNING LLC1 year Service code 27 · EIN 84-4519624	Advisory (Plan)	$5,396

Plan features & details

Pension benefit codes2F2G2J2E2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$209K

$94 / participant

Other / not subdivided$209K100.0%

% of EOY assets

0.527%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SIKICH, LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,045

$42,504-29.3%

$160,009-81.2%

$77,906-61.4%

Participation rate

29.7%

66.9%-37.2pp

78.0%-48.3pp

73.7%-44.0pp

Annual return

-16.73%

-12.43%-4.3pp

408.85%-425.6pp

12.16%-28.9pp

Employer contribution / active EE

$759

$1,684-54.9%

$4,225-82.0%

$2,846-73.3%

Participant deferral / active EE

$1,802

$3,919-54.0%

$6,183-70.9%

$4,805-62.5%

Admin fee / account holder

$158

$98+62.4%

$8,715-98.2%

$133+19.5%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7+ years

Service code 37 · EIN 04-2647786

Loan Processing

$123,527

LOCKTON INVESTMENT ADVISORS, LLC1 year

Filed as: LOCKTON INVESTMENT ADVISORS

Service code 27 · EIN 20-8874282

Advisory (Plan)

$66,487

SIKICH LLP1 year

Service code 10 · EIN 36-3168081

Accounting

$13,500

CREATIVE PLANNING LLC1 year

Service code 27 · EIN 84-4519624

Advisory (Plan)

$5,396

WATERTON 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WATERTON 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion