Back to filter
Original filing (PDF)20250721114931NAL0000557939001
WATERSTONE BANK SSB
Form 5500
FILING_RECEIVED
WATERSTONE BANK SSB 401(K) PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
174
Accounts w/ balance
267
Plan assets (EOY)
$15.7M
Net assets (EOY)
$15.7M
How this plan invests
This plan
3 pooled trusts
Schedule D
29 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 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
65
Vendor stack
80
Participation health
100
Knocking points off
- 61 bps in Schedule C fees — 111% 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 WATERSTONE BANK SSB.
Plan sponsor
Name
WATERSTONE BANK SSB
EIN
39-0691250
Address
11200 W. PLANK COURT, STE.400 · WAUWATOSA, WI · 53226
Phone
(414) 459-4028
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-21
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
WIPFLI LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | 47-1411118 | — | INVESTMENT ADVISORY | $26K | — |
TPA / Administrator
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $41K | — |
| THE RETIREMENT ADVANTAGE, INC. | 39-1816008 | — | CONTRACT ADMINISTRATOR | $8K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WIPFLI LLP | 39-0758449 | — | ACCOUNTANT | $20K | — |
Investments
27 direct securities · 3 pooled funds· $16.2M(100% 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
$14.8M
27 holdings
Common Collective Trust
$1.4M
3 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | — | — | — | $1.9M | 11.9% | |
| Principal Trust Company LargeCap Growth I Institutional Fund | — | — | — | $1.8M | 11.6% | |
| BlackRock Investments, LLC Lifepath Index 2030 K Fund | — | — | — | $1.4M | 9.1% | |
| BlackRock Investments, LLC Lifepath Index 2045 K Fund | — | — | — | $1.1M | 7.1% | |
| Fidelity Advisor Technology Fund | — | — | — | $906K | 5.8% | |
| BlackRock Investments, LLC Lifepath Index 2050 K Fund | — | — | — | $857K | 5.5% | |
| BlackRock Investments, LLC Lifepath Index Retirement K Fun | — | — | — | $851K | 5.4% | |
| BlackRock Investments, LLC Lifepath Index 2040 K Fund | — | — | — | $809K | 5.2% | |
| BlackRock Investments, LLC Lifepath Index 2035 K Fund | — | — | — | $686K | 4.4% | |
| LARGE CAP VALUE R1 FUND GREAT GRAY TRUST COMPANY · EIN 38-4065329 / PN 426 | Common Collective Trust | — | — | $577K | 3.7% | |
| Wilmington Trust Collective Invtl Lrg Cp | — | — | — | $577K | 3.7% | |
| INTERNATIONAL EQUITY R1 FUND GREAT GRAY TRUST COMPANY · EIN 38-4139853 / PN 631 | Common Collective Trust | — | — | $498K | 3.2% | |
| Waterstone Financial, Inc. Waterstone Financial, Inc. common stock | — | — | — | $485K | 3.1% | |
| Fidelity Mid Cap Index Fund | — | — | — | $444K | 2.8% | |
| BlackRock Investments, LLC Lifepath Index 2055 K Fund | — | — | — | $411K | 2.6% | |
| BlackRock Investments, LLC Lifepath Index 2060 K Fund | — | — | — | $366K | 2.3% | |
| STABLE VALUE R1 FUND GREAT GRAY TRUST COMPANY · EIN 85-4031707 / PN 653 | Common Collective Trust | — | — | $333K | 2.1% | |
| Fidelity Small Cap Index Fund | — | — | — | $302K | 1.9% | |
| Delaware Funds Ivy Mid Cap Growth Fund | — | — | — | $292K | 1.9% | |
| JP Morgan Trust II Small Cap Growth I Institutional | — | — | — | $254K | 1.6% | |
| Franklin Small Cap Value Fund | — | — | — | $224K | 1.4% | |
| JP Morgan Trust II JP Morgan Core Bond R5 Fund | — | — | — | $218K | 1.4% | |
| John Hancock Funds III John Hancock Disciplined Value Mid Cap I Fund | — | — | — | $201K | 1.3% | |
| American Funds New Perspective Fund | — | — | — | $183K | 1.2% | |
| BlackRock Investments, LLC Lifepath Index 2065 K Fund | — | — | — | $149K | 1.0% | |
| PIMCO Income Institutional Fund | — | — | — | $139K | 0.9% | |
| BlackRock Investments, LLC High Yield Portfolio | — | — | — | $84K | 0.5% | |
| DWS Funds RREEF Real Estate Securities fund | — | — | — | $81K | 0.5% | |
| Participant Loans Interest rate; 5.25% - 10.50% Maturities through 2030 -0- | — | — | — | $75K | 0.5% | |
| DFA Emerging Markets Core Equity Portfolio | — | — | — | $27K | 0.2% |