401(k) · DOL Form 5500 · 2024
Watsco, Inc. 401(k) Plan
Data updated 2026-08-11
- $562M
- Total assets
- 6,527
- Participants
- 97th
- Percentile by assets
- $86,116
- Avg per participant
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.
- 97th percentile by assets (of 123,622 plans)
- #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.
- $562M
- total plan assets (2024 EOY)
- 6,527
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $86,116
- avg assets per participant
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.
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 6,527 participants - 10x that state average ($562M EOY assets).
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.)
| 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 $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 |
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.
- 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
Frequently Asked Questions
How did Watsco, Inc. Profit Sharing Retirement Plan and Trust assets move in 2024? ▼
How have Watsco, Inc. plan assets changed over time? ▼
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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