ESOP · DOL Form 5500 · 2023

Watts Enterprises, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
2
Participants Small participant base
29th
Percentile by assets National rank
$880,781
Avg per participant High balance/head
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Official DOL plan name: Watts Enterprises, Inc. Employee Stock Ownership Plan · Sponsored by Watts Enterprises, Inc. · Utah · Construction

$2M in assets, 2 participants

Watts Enterprises, Inc.'s Watts Enterprises, Inc. Employee Stock Ownership Plan reported $2M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.

  • #2,422 in Construction (9,030 peers)

What the 2023 filing shows

Watts Enterprises, Inc. Employee Stock Ownership Plan holds $2M for 2 participants - about $880,781 per participant, in the lower half of filed plans by assets.

#2,422
in Construction (9,030 peers)
-0.8%
assets change YoY

The plan reported a net loss of $15K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Watts Enterprises, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Watts Enterprises, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,761,562 29th percentile higher than 29% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Watts Enterprises, Inc. Employee Stock Ownership Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Watts Enterprises, Inc. Employee Stock Ownership Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Watts Enterprises, Inc. Employee Stock Ownership Plan reported net income rose from -$171K in the plan year 2022 filing to -$15K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 870654578 · Watts Enterprises, Inc. PY 2023 · ESOP

Watts Enterprises, Inc. Employee Stock Ownership Plan · $2M · 2 · 29th

  • BOY $2M
  • SCH 2
  • EBSA 29th
  • PART ESOP
  • TYPE near Advancedgeo, Inc. Employee Stock Ownership Plan
  • NET ind #2422

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Utah →

Watts Enterprises, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Watts Enterprises, Inc. Employee Stock Ownership PlanWatts Enterprises, Inc. Empl…$2MAdvancedgeo, Inc. Employee Stock Ownership PlanAdvancedgeo, Inc. Employee S…$2MPark Manor, Ltd. Employee Stock Ownership PlanPark Manor, Ltd. Employee St…$2MCard Kingdom, Inc. Employee Stock Ownership PlanCard Kingdom, Inc. Employee …$2MErland Construction Employee Stock Ownership PlanErland Construction Employee…$2M
End-of-year total assets ($M) among Watts Enterprises, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$15K
Employer EIN870654578
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Watts Enterprises, Inc.)

Sponsor-wide plan assets over time

All Watts Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 8.161863831966924% vs 2022
2024 filing year
$1.6M$1.65M$1.7M$1.75M$1.8M 202220232024 $1.78M $1.63M ▼ -8.4%
Year Plans Participants Total Assets
2022 1 2 $2M
2023 1 2 $2M
2024 1 2 $2M

Nearby ESOP Plans in Utah

Peer ESOP plans, same state, same plan type, ranked by total assets.

Watts Enterprises, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants Scatter plot of 6 data points. -2000200400600800 -50050100150 Total assets ($M) Participants Watts Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 1.761562 · Participants: 2Watts Enterprises, Inc. Employee Stock Ownership PlanWhitaker Construction Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 121.038272 · Participants: 697Whitaker Construction Co., Inc. Employee Stock Ownership PlanJacobsen Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 111.243432 · Participants: 531Jacobsen Construction Company, Inc. Employee Stock Ownership PlanRocky Mountain Atv, Inc. Employee Stock Ownership Plan, Total assets ($M): 104.049142 · Participants: 501Rocky Mountain Atv, Inc. Employee Stock Ownership PlanFj Management Inc. Employee Stock Ownership Plan, Total assets ($M): 102.977078 · Participants: 30Fj Management Inc. Employee Stock Ownership PlanCentral Milling Employee Stock Ownership Plan and Trust, Total assets ($M): 45.365384 · Participants: 111Central Milling Employee Stock Ownership Plan and Trust
Watts Enterprises, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants
Compare Watts Enterprises, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Watts Enterprises, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Utah, the nearest ESOP by assets is Advancedgeo, Inc. Employee Stock Ownership Plan in CA ($2M); by covered participants it is Pose Group, Inc. Employee Stock Ownership Plan in AL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Watts Enterprises, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Watts Enterprises, Inc. Employee Stock Ownership Plan held essentially flat - down 0.8% during 2023, from $2M to $2M. Reported net income was -$15K.
How have Watts Enterprises, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Watts Enterprises, Inc.'s sponsor-wide assets declined 8.2%, from $2M to $2M.
Which ESOP plans are similar in size to Watts Enterprises, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Advancedgeo, Inc. Employee Stock Ownership Plan in CA ($2M, 17 participants).
Which ESOP plans cover a similar participant headcount to Watts Enterprises, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Pose Group, Inc. Employee Stock Ownership Plan in AL (2 participants, $12M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 870654578.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.