401k Record

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WatchTower Technologies 401(k)

Recordkeeping fees per participant · Watchtower Technologies 401(k) Plan · plan year 2024

$7.11

Higher than 6% of the 7,477 plans $1 to 10M that report it.

Source

= $988 / 139
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251118095445NAL0002546737002, received 2025-11-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251118095445NAL0002546737002, received 2025-11-18

10th: $11.10median $71.5290th: $209.21

Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-11-18.

Cost and contributions

Administrative expenses excluding investment management, per participant

$7.11

10th: $13.66median $103.3390th: $302.77

Higher than 4% of the 14,713 plans $1 to 10M that report it.

Source

= $988 / 139
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251118095445NAL0002546737002, received 2025-11-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251118095445NAL0002546737002, received 2025-11-18

Administrative expenses per participant

$30.40

10th: $19.42median $150.2790th: $370.75

Higher than 15% of the 15,210 plans $1 to 10M that report it.

Source

= $4,225 / 139
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251118095445NAL0002546737002, received 2025-11-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251118095445NAL0002546737002, received 2025-11-18

Administrative expenses as a share of assets

0.088%

10th: 0.069%median 0.519%90th: 1.146%

Higher than 12% of the 15,243 plans $1 to 10M that report it.

Source

= $4,225 / $4,792,623
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251118095445NAL0002546737002, received 2025-11-18
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251118095445NAL0002546737002, received 2025-11-18

Employer contributions per participant

$67

10th: $357median $1,32390th: $2,861

Higher than 2% of the 13,342 plans $1 to 10M that report it.

Source

= $9,250 / 139
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251118095445NAL0002546737002, received 2025-11-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251118095445NAL0002546737002, received 2025-11-18

Employer share of total contributions

0.7%

10th: 11.9%median 28.9%90th: 43.6%

Higher than 1% of the 13,370 plans $1 to 10M that report it.

Source

= $9,250 / $1,243,775
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251118095445NAL0002546737002, received 2025-11-18
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251118095445NAL0002546737002, received 2025-11-18

Plan terms, as stated in WatchTower Technologies, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251118095445NAL0002546737002, received 2025-11-18

Full record, Watchtower Technologies 401(k) Plan

FieldValueSource
Plan sponsorWATCHTOWER TECHNOLOGIES, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251118095445NAL0002546737002, received 2025-11-18
Plan nameWATCHTOWER TECHNOLOGIES 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251118095445NAL0002546737002, received 2025-11-18
Sponsor EIN / plan number47-2182658 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251118095445NAL0002546737002, received 2025-11-18
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251118095445NAL0002546737002, received 2025-11-18
Sponsor locationCHICAGO, ILForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251118095445NAL0002546737002, received 2025-11-18
Industry (business code)511210, InformationForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251118095445NAL0002546737002, received 2025-11-18
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251118095445NAL0002546737002, received 2025-11-18
Filing received2025-11-18Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251118095445NAL0002546737002, received 2025-11-18
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251118095445NAL0002546737002, received 2025-11-18
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251118095445NAL0002546737002, received 2025-11-18
Participants, beginning of year137Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251118095445NAL0002546737002, received 2025-11-18
Active participants125Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251118095445NAL0002546737002, received 2025-11-18
Participants, end of year149Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251118095445NAL0002546737002, received 2025-11-18
Participants with an account balance139Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251118095445NAL0002546737002, received 2025-11-18
Total assets, beginning of year$3,391,700Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251118095445NAL0002546737002, received 2025-11-18
Total assets, end of year$4,792,623Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251118095445NAL0002546737002, received 2025-11-18
Net assets, end of year$4,792,623Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251118095445NAL0002546737002, received 2025-11-18
Total income$1,748,500Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251118095445NAL0002546737002, received 2025-11-18
Net income$1,400,923Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251118095445NAL0002546737002, received 2025-11-18
Employer contributions$9,250Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251118095445NAL0002546737002, received 2025-11-18
Participant contributions$1,132,814Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251118095445NAL0002546737002, received 2025-11-18
Other contributions (incl. rollovers)$101,711Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251118095445NAL0002546737002, received 2025-11-18
Total contributions$1,243,775Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251118095445NAL0002546737002, received 2025-11-18
Benefit payments$343,352Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251118095445NAL0002546737002, received 2025-11-18
Total expenses (incl. benefit payments)$347,577Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251118095445NAL0002546737002, received 2025-11-18
Total administrative expenses$4,225Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251118095445NAL0002546737002, received 2025-11-18
Recordkeeping fees$988Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251118095445NAL0002546737002, received 2025-11-18
Investment advisory and management fees$3,237Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251118095445NAL0002546737002, received 2025-11-18
Administrative expenses excluding investment management$988derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251118095445NAL0002546737002, received 2025-11-18
Held in mutual funds$4,768,247Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251118095445NAL0002546737002, received 2025-11-18
Independent auditorKBF CPAS - AUDIT, LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251118095445NAL0002546737002, received 2025-11-18

Position = column in the DOL layout for form year 2024. Filing 20251118095445NAL0002546737002, received 2025-11-18.

Service providers paid directly by the plan

No Schedule C line 2 providers are listed on this filing.

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251118095445NAL0002546737002, received 2025-11-18.

What changed since the 2023 plan year

Figure20232024Change
Total assets$3,391,700$4,792,62341.3%
Participants with a balance1281398.6%
Administrative expenses$2,658$4,22559.0%
Recordkeeping fees per participant$3.72$7.1191.1%
Employer contributions$0$9,250

Prior filing 20241012220654NAL0042637312005, received 2024-10-12; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: WATCHTOWER TECHNOLOGIES, INC.; SEC registrant: WatchTower Technologies, Inc. (CIK 1749564, matched by EIN).