401(k) · DOL Form 5500 · 2022
Watsco, Inc. 401(k) Plan
Data updated 2026-08-11
- $373M
- Total assets
- 5,457
- Participants
- 97th
- Percentile by assets
- $68,289
- Avg per participant
Official DOL plan name: Watsco, Inc. Profit Sharing Retirement Plan and Trust · Sponsored by Watsco, Inc. · Florida · Wholesale Trade
$373M in assets, 5,457 participants
Watsco, Inc.'s Watsco, Inc. Profit Sharing Retirement Plan and Trust reported $373M in total assets and 5,457 participants in its 2022 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 97th percentile by assets (of 139,126 plans)
- #6,730 in Wholesale Trade (6,843 peers)
Coverage in Florida
Watsco, Inc. Profit Sharing Retirement Plan and Trust covers 5,457 participants in Florida, 8.7x the typical Florida plan (state average ~628 per filing). Assets: $373M.
- $373M
- total plan assets (2022 EOY)
- 5,457
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $68,289
- avg assets per participant
The plan reported a net loss of $50M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Watsco, Inc. Profit Sharing Retirement Plan and Trust reports 5,457 participants - 8.7x that state average ($373M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $422M |
|---|---|
| Net Assets (End of Year) | $373M |
| Net Income | -$50M |
| Employer EIN | 590778222 |
| Plan Effective Date | 1984-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Watsco, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,457 | $373M |
| 2023 | 1 | 6,323 | $493M |
| 2024 | 1 | 6,527 | $562M |
Nearby 401(k) Plans in Florida
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Watsco, Inc. Profit Sharing Retirement Plan and Trust vs. nearby 401(k) plans in Florida, assets vs. participants
- L3harris Retirement Savings Plan $12.9B · 41,096
- Savings Plan for Employees and Partners of Pricewatercoopers LLP $9.1B · 50,354
- Adp Totalsource Retirement Savings Plan $6.7B · 287,453
- Publix Super Markets, Inc. 401(k) Smart Plan $6.1B · 176,752
- Nextera Energy, Inc. Employee Retirement Savings Plan $5.4B · 14,889
Scale composition for Watsco, Inc. Profit Sharing Retirement Plan and Trust
Watsco, Inc. Profit Sharing Retirement Plan and Trust reports $373M in end-of-year assets across 5,457 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $68,289 per participant (49% of the national average assets-per-participant) . Net income for plan year 2022 was -$50M.
This plan identity (EIN 590778222, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $373M to $562M (+50.8%) while covered participants moved from 5,457 to 6,527 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,457 | $373M | This page |
| 2023 | 6,323 | $493M | Open filing |
| 2024 · index core | 6,527 | $562M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Watsco, Inc. Profit Sharing Retirement Plan and Trust (401(k), $562M, 6,527 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Watsco, Inc. Profit Sharing Retirement Plan and Trust by total assets, not by location.
- Epson America, Inc. 401(k) Plan (CA) $373M · 1,527
- The Quikrete Companies Profit Sharing and Tax (GA) $373M · 9,317
- Kroll 401(k) Retirement Savings Plan (NY) $372M · 2,136
- Digi-Key Corporation 401(k) Profit Sharing Plan (MN) $372M · 4,252
Frequently Asked Questions
How did Watsco, Inc. Profit Sharing Retirement Plan and Trust assets move in 2022? ▼
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Filing takeaways
Ways to act on Watsco, Inc. Profit Sharing Retirement Plan and Trust's numbers.
- By total assets, Watsco, Inc. Profit Sharing Retirement Plan and Trust ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Florida. Compare plans
- Watsco, Inc.'s sponsor-wide assets have grown 50.8% since 2022 across 3 plan years on file. More Wholesale Trade plans