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Original filing (PDF)20251015082344NAL0008313250001
WATERFALL ASSET MANAGEMENT LLC
Form 5500
FILING_RECEIVED
WATERFALL ASSET MANAGEMENT LLC 401(K) PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
137
Accounts w/ balance
196
Plan assets (EOY)
$32.2M
Net assets (EOY)
$32.2M
How this plan invests
This plan
19 pooled trusts
Schedule D
45 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
93
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- 38 bps in Schedule C fees — modestly above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for WATERFALL ASSET MANAGEMENT LLC.
Plan sponsor
Name
WATERFALL ASSET MANAGEMENT LLC
EIN
20-2421778
Address
1251 AVENUE OF THE AMERICAS · NEW YORK, NY · 10020
Phone
(212) 257-4642
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3B · Covers self-employed individuals
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
DELOITTE & TOUCHE LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERRILL LYNCH | 13-5674085 | — | CONSULTANT | $0 | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $123K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRIME PENSIONS, INC. | 46-1224594 | — | OTHER SERVICES | $0 | — |
Investments
26 direct securities · 19 pooled funds· $30.5M(95% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$17.1M
24 holdings
Pooled Separate Account
$6.2M
7 holdings
Common Collective Trust
$3.9M
12 holdings
Guaranteed Income / GIC
$2.8M
1 holding
Mutual Funds
$542K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| PRIN LGCP S&P 500 INDEX SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 016 | Pooled Separate Account | — | — | $3.2M | 10.1% | |
| s * FIXED INCOME GUARANTEED OPTION Fully benefit-responsive investment contract | Guaranteed Income / GIC | — | — | $2.8M | 8.7% | |
| Vanguard Growth Index Adm Fund Mutual fund | — | — | — | $2.5M | 7.7% | |
| Vanguard Value Index Adm Fund Mutual fund | — | — | — | $1.8M | 5.5% | |
| Vgd Ttl Intl Stk Idx Adm Fd Mutual fund | — | — | — | $1.6M | 5.1% | |
| JP Morgan Large Cap Gr R6 Fd Mutual fund | — | — | — | $1.6M | 5.0% | |
| Vanguard Mid Cap Index Adm Fd Mutual fund | — | — | — | $1.1M | 3.3% | |
| Vanguard Ttl Bd Mkt Idx Adm Fd Mutual fund | — | — | — | $940K | 2.9% | |
| PIMCO Income Institutional Fd Mutual fund | — | — | — | $920K | 2.9% | |
| Vanguard SM Cap Index Adm Fund Mutual fund | — | — | — | $899K | 2.8% | |
| PRIN LIFETIME HYBR 2045 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 008 | Common Collective Trust | — | — | $853K | 2.7% | |
| PRIN EQUITY INCOME SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 120 | Pooled Separate Account | — | — | $843K | 2.6% | |
| PRIN DIV INTL SA-Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 42-0127290 / PN 123 | Pooled Separate Account | — | — | $753K | 2.3% | |
| Vanguard MidCap Val Idx Adm Fd Mutual fund | — | — | — | $699K | 2.2% | |
| PRIN CORE FIX INC SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 118 | Pooled Separate Account | — | — | $642K | 2.0% | |
| Vanguard SM Cap Val Idx Adm Fd Mutual fund | — | — | — | $634K | 2.0% | |
| PRIN LIFETIME HYBR 2035 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 006 | Common Collective Trust | — | — | $623K | 1.9% | |
| American Funds NewWorld R6 Mutual fund | — | — | — | $612K | 1.9% | |
| BlackRock MD-Cp Gr Eq K Fd Mutual fund | — | — | — | $610K | 1.9% | |
| PRIN LIFETIME HYBR 2060 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 012 | Common Collective Trust | — | — | $600K | 1.9% | |
| Vanguard MidCp Grth Idx Adm Fd Mutual fund | — | — | — | $596K | 1.9% | |
| PRIN LIFETIME HYBR 2050 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 009 | Common Collective Trust | — | — | $595K | 1.9% | |
| Vanguard Sm Cap Gr Idx Adm Fd Mutual fund | — | — | — | $583K | 1.8% | |
| DFA Global Equity I Fund Mutual fund | — | — | — | $556K | 1.7% | |
| Allspring Spec M Cap Value R6 Mutual fund | Mutual Funds | — | — | $542K | 1.7% | |
| PRIN CAPITAL APPR SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 119 | Pooled Separate Account | — | — | $513K | 1.6% | |
| PRIN LIFETIME HYBR 2040 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 007 | Common Collective Trust | — | — | $507K | 1.6% | |
| DFA Intl Core Equity I Fd Mutual fund | — | — | — | $446K | 1.4% | |
| Vanguard GNMA Admiral Fund Mutual fund | — | — | — | $420K | 1.3% | |
| PRIN LIFETIME HYBR 2055 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 010 | Common Collective Trust | — | — | $401K | 1.2% | |
| Vanguard RE Index Adm Fund Mutual fund | — | — | — | $283K | 0.9% | |
| PRIN SMCAP GROWTH I SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 070 | Pooled Separate Account | — | — | $172K | 0.5% | |
| Various Participants Participant loans (maturing 2025–2029 at interest rates of 4.25%–9.50%) | — | — | — | $119K | 0.4% | |
| PRIN LIFETIME HYBR 2065 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 013 | Common Collective Trust | — | — | $109K | 0.3% | |
| PRIN LIF TIME HYBR INC CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 011 | Common Collective Trust | — | — | $100K | 0.3% | |
| Vgd Infl-Prot Sec Adm Fund Mutual fund | — | — | — | $98K | 0.3% | |
| PRIN LIFETIME HYBR 2025 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 004 | Common Collective Trust | — | — | $71K | 0.2% | |
| First Eagle Global I Fund Mutual fund | — | — | — | $66K | 0.2% | |
| Cohen & Steers Re Est Sec Z Fd Mutual fund | — | — | — | $39K | 0.1% | |
| PIMCO Intl Bond (USD-Hdg) I Fd Mutual fund | — | — | — | $24K | <0.1% | |
| PRIN LIFETIME HYBR 2020 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 003 | Common Collective Trust | — | — | $14K | <0.1% | |
| PRIN SMCAP VALUE II SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 096 | Pooled Separate Account | — | — | $10K | <0.1% | |
| Western Asset Core Bond IS Fd Mutual fund | — | — | — | $6K | <0.1% | |
| PRIN LIFETIME HYBR 2070 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 014 | Common Collective Trust | — | — | $3K | <0.1% | |
| PRIN LIFETIME HYBR 2030 CIT Z PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 005 | Common Collective Trust | — | — | $3K | <0.1% |
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