Profit Sharing · DOL Form 5500 · 2023

Watterson Construction Company Profit Sharing Plan

Data updated 2026-08-11

$12M
Total assets
55
Participants
63rd
Percentile by assets
$223,532
Avg per participant
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Official DOL plan name: Contractors and Employees Retirement Plan · Sponsored by Watterson Construction Company · Alaska · Construction

$12M in assets, 55 participants

Watterson Construction Company's Contractors and Employees Retirement Plan reported $12M in total assets and 55 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • 63rd percentile by assets (of 127,072 plans)
  • #5,557 in Construction (9,030 peers)

What the 2023 filing shows

Contractors and Employees Retirement Plan holds $12M for 55 participants - about $223,532 per participant, above the median plan by assets.

$12M
total plan assets (2023 EOY)
55
covered participants
63rd
percentile by assets (of 127,072 plans)
$223,532
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Contractors and Employees Retirement Plan reported net income rose from -$780K in the plan year 2022 filing to $54K in the plan year 2023 filing.
  • Contractors and Employees Retirement Plan reported participants fell from 65 in the plan year 2022 filing to 55 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Profit Sharing filing for Contractors and Employees Retirement Plan

Profit Sharing filing for plan year 2023: EIN 920078826 ; effective since 1987-07-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income$54K
Employer EIN920078826
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Watterson Construction Company)

$12M$12.5M$13M$13.5M 202220232024 $12.3M $13.2M ▲ +7.2%
Total plan assets by year, all Watterson Construction Company plans on file
Year Plans Participants Total Assets
2022 1 65 $12M
2023 1 55 $12M
2024 1 96 $13M

Nearby Profit Sharing Plans in Alaska

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

Contractors and Employees Retirement Plan vs. nearby Profit Sharing plans in Alaska, assets vs. participants

Contractors and Employees Retirement Plan vs. nearby Profit Sharing plans in Alaska, assets vs. participants Scatter plot of 6 data points. -10000100020003000 050100150 Total assets ($M) Participants Contractors and Empl…Alaska Native Tribal…Profit Sharing Plan …Chenega Corporation …The Plumbers and Pip…403(b) Thrift Plan o…
Contractors and Employees Retirement Plan vs. nearby Profit Sharing plans in Alaska, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Contractors and Employees Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Contractors and Employees Retirement Plan assets move in 2023?
Contractors and Employees Retirement Plan held essentially flat - up 0.1% during 2023, from $12M to $12M. Reported net income was $54K.
How have Watterson Construction Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Watterson Construction Company's sponsor-wide assets grew 7.2%, from $12M to $13M.
Which Profit Sharing plans are similar in size to Contractors and Employees Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Waste Technology Services, Inc. Profit Sharing Pla in NY ($12M, 42 participants).

Next read for Contractors and Employees Retirement Pla…

Filing takeaways

Ways to act on Contractors and Employees Retirement Plan's numbers.

  • By total assets, Contractors and Employees Retirement Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Alaska. Compare plans
  • Watterson Construction Company's sponsor-wide assets have grown 7.2% since 2022 across 3 plan years on file. More Construction plans