401(k) · DOL Form 5500 · 2024
Watsco, Inc. 401(k) Plan
Data updated 2026-08-25
- $562M
- Total assets Above avg plan size
- 6,527
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $86,116
- Avg per participant Below avg balance/head
Official DOL plan name: Watsco, Inc. Profit Sharing Retirement Plan and Trust · Sponsored by Watsco, Inc. · Florida · Wholesale Trade
$562M in assets, 6,527 participants
Watsco, Inc.'s Watsco, Inc. Profit Sharing Retirement Plan and Trust reported $562M in total assets and 6,527 participants in its 2024 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.
- #5,984 in Wholesale Trade (6,080 peers)
Coverage in Florida
Watsco, Inc. Profit Sharing Retirement Plan and Trust covers 6,527 participants in Florida, 10x the typical Florida plan (state average ~628 per filing). Assets: $562M.
- #5,984
- in Wholesale Trade (6,080 peers)
- +14.0%
- assets growth YoY
- 5.6×
- vs typical plan assets (national mean)
Watsco, Inc. Profit Sharing Retirement Plan and Trust's outsized position by total assets
Watsco, Inc. Profit Sharing Retirement Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$562,077,878 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Watsco, Inc. Profit Sharing Retirement Plan and Trust's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Watsco, Inc. Profit Sharing Retirement Plan and Trust lands in the large band (6,527 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Watsco, Inc. Profit Sharing Retirement Plan and Trust reported net income fell from $121M in the plan year 2023 filing to $69M in the plan year 2024 filing.
- Watsco, Inc. Profit Sharing Retirement Plan and Trust end-of-year assets rose from $493M in the plan year 2023 filing to $562M in the plan year 2024 filing.
- Watsco, Inc. Profit Sharing Retirement Plan and Trust reported participants rose from 6,323 in the plan year 2023 filing to 6,527 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 590778222 · Watsco, Inc. PY 2024 · 401(k)
Watsco, Inc. Profit Sharing Retirement Plan and Trust · $562M · 6,527 · 97th
- VS-ST $562M
- VS-ST 6,527
- VS-ST 97th
- VS-ST 401(k)
- VS-ST near Aaa Club Alliance Inc. 401(k) Retirement Savings Plan
- VS-ST ind #5984
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 Wholesale Trade retirement plans → · Plans in Florida →
Watsco, Inc. Profit Sharing Retirement Plan and Trust in the asset neighbourhood
Florida filing particulars
| Total Assets (Beginning of Year) | $493M |
|---|---|
| Net Assets (End of Year) | $562M |
| Net Income | $69M |
| Employer EIN | 590778222 |
| Plan Effective Date | 1984-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Watsco, Inc.)
Sponsor-wide plan assets over time
All Watsco, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $562M 50.832285782319516% vs 2022
- 2024 filing year
| 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.
- L3harris Retirement Savings Plan $16.3B · 40,330
- Savings Plan for Employees and Partners of Pwc $13.2B · 51,081
- Adp Totalsource Retirement Savings Plan $9.2B · 310,261
- Publix Super Markets, Inc. 401(k) Smart Plan $8.1B · 197,102
- Nextera Energy, Inc. Employee Retirement Savings Plan $5.5B · 16,678
Scale composition for Watsco, Inc. Profit Sharing Retirement Plan and Trust
Watsco, Inc. Profit Sharing Retirement Plan and Trust reports $562M in end-of-year assets across 6,527 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $86,116 per participant (62% of the national average assets-per-participant) . Net income for plan year 2024 was $69M.
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 | Open filing |
| 2023 | 6,323 | $493M | Open filing |
| 2024 · index core | 6,527 | $562M | This page |
Watsco, Inc. Profit Sharing Retirement Plan and Trust's out-of-state 401(k) peers by assets and headcount
Outside Florida, the nearest 401(k) by assets is Aaa Club Alliance Inc. 401(k) Retirement Savings Plan in DE ($562M); by covered participants it is The Timken Company Savings and Investment Retirement Plan in OH (6,521 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($562M here).
- Aaa Club Alliance Inc. 401(k) Retirement Savings Plan (DE) $562M · 5,073
- Local 52 401 (K) Fund (NJ) $561M · 5,406
- Louisiana-Pacific 401(k) and Profit Sharing Plan (TN) $561M · 2,716
- Baptist Health 401(a) Plan (AR) $563M · 11,107
Similar participant headcount
Nearest other-state filings by covered participants (6,527 participants); asset peers above are excluded.
- The Timken Company Savings and Investment Retirement Plan (OH) 6,521 · 6 off
- Victra 401(k) Plan (NC) 6,521 · 6 off
- Nvr, Inc. Profit Sharing Plan (VA) 6,515 · 12 off
- Teamsters Tforce Freight 401(k) Plan (VA) 6,513 · 14 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.