401(k) · DOL Form 5500 · 2023

Water Heaters Only, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
37
Participants Small participant base
45th
Percentile by assets National rank
$139,683
Avg per participant Near avg balance/head
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Official DOL plan name: Water Heaters Only, Inc. 401(k) Plan · Sponsored by Water Heaters Only, Inc. · California · Other Services

$5M in assets, 37 participants

Water Heaters Only, Inc.'s Water Heaters Only, Inc. 401(k) Plan reported $5M in total assets and 37 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

  • #5,205 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, Water Heaters Only, Inc. 401(k) Plan ranks #5,205 of 7,857 2023 filers by assets (388% of the sector average)-$5M for 37 participants.

#5,205
in Other Services (7,857 peers)
+42.2%
assets growth YoY

Water Heaters Only, Inc. 401(k) Plan's mid-pack asset rank among Other Services and all filers

Water Heaters Only, Inc. 401(k) Plan vs every filed plan by assets

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

$5,168,272 45th percentile higher than 45% 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

Water Heaters Only, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Water Heaters Only, Inc. 401(k) Plan is a small filing (37 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Water Heaters Only, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Water Heaters Only, Inc. 401(k) Plan reported participants fell from 69 in the plan year 2022 filing to 37 in the plan year 2023 filing.
  • Water Heaters Only, Inc. 401(k) Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 942575647 · Water Heaters Only, Inc. PY 2023 · 401(k)

Water Heaters Only, Inc. 401(k) Plan · $5M · 37 · 45th

  • EIN $5M
  • EIN 37
  • EIN 45th
  • EIN 401(k)
  • EIN near Garber Electrical Retirement Plan
  • EIN ind #5205

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 Other Services retirement plans → · Plans in California →

Water Heaters Only, Inc. 401(k) Plan in the asset neighbourhood

Water Heaters Only, Inc. 401(k) PlanWater Heaters Only, Inc. 401…$5MGarber Electrical Retirement PlanGarber Electrical Retirement…$5MWalker Edison Furniture Company LLC 401(k) Profit Sharing Plan and TrustWalker Edison Furniture Comp…$5MJ. W. Cheatham, LLC 401(k) Profit Sharing PlanJ. W. Cheatham, LLC 401(k) P…$5MSaasoptics 401(k) Plan$5M
End-of-year total assets ($M) among Water Heaters Only, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$2M
Employer EIN942575647
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Water Heaters Only, Inc.)

Sponsor-wide plan assets over time

All Water Heaters Only, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 83.055629286621% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.64M $6.66M ▲ +83.0%
Year Plans Participants Total Assets
2022 1 69 $4M
2023 1 37 $5M
2024 1 71 $7M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Water Heaters Only, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Water Heaters Only, Inc. 401(k) Plan, Total assets ($B): 0.005168272 · Participants: 37Water Heaters Only, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Water Heaters Only, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Water Heaters Only, Inc. 401(k) Plan side-by-side with 3 peers →

Water Heaters Only, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Garber Electrical Retirement Plan in OH ($5M); by covered participants it is Carnahan Evans PC Profit Sharing Plan in MO (37 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (37 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 Water Heaters Only, Inc. 401(k) Plan assets move in 2023? ▼
Water Heaters Only, Inc. 401(k) Plan surged - up 42.2% during 2023, from $4M to $5M. Reported net income was $2M.
How have Water Heaters Only, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Water Heaters Only, Inc.'s sponsor-wide assets grew 83.1%, from $4M to $7M.
Which 401(k) plans are similar in size to Water Heaters Only, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Garber Electrical Retirement Plan in OH ($5M, 210 participants).
Which 401(k) plans cover a similar participant headcount to Water Heaters Only, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carnahan Evans PC Profit Sharing Plan in MO (37 participants, $16M 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 942575647.

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.