Profit Sharing · DOL Form 5500 · 2024

Watterson Construction Company Profit Sharing Plan

Data updated 2026-07-24

$13M
Total assets
96
Participants
62nd
Percentile by assets
$137,219
Avg per participant
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Official DOL plan name: Contractors and Employees Retirement Plan · Sponsored by Watterson Construction Company · Alaska · Construction

$13M in assets, 96 participants

Watterson Construction Company's Contractors and Employees Retirement Plan reported $13M in total assets and 96 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • 62nd percentile by assets (of 116,472 plans)

What the 2024 filing shows

Contractors and Employees Retirement Plan holds $13M for 96 participants - about $137,219 per participant, above the median plan by assets.

$13M
total plan assets (2024 EOY)
96
covered participants
62nd
percentile by assets (of 116,472 plans)
$137,219
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Contractors and Employees Retirement Plan reported net income rose from $54K in the plan year 2023 filing to $890K in the plan year 2024 filing.
  • Contractors and Employees Retirement Plan reported participants rose from 55 in the plan year 2023 filing to 96 in the plan year 2024 filing.
  • Contractors and Employees Retirement Plan end-of-year assets rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Profit Sharing filing for Contractors and Employees Retirement Plan

Profit Sharing filing for plan year 2024: EIN 920078826 ; effective since 1987-07-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2024)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$13M
Net Income$890K
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. -100001000200030004000 050100150200 Total assets ($M) Participants Contractors and Empl…Alaska Native Tribal…Profit Sharing Plan …Chenega Corporation …403(b) Thrift Plan o…Family Centered Serv…
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 2024?
Contractors and Employees Retirement Plan grew at a solid clip - up 7.1% during 2024, from $12M to $13M. Reported net income was $890K.
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 Family Health Center of Worcester, Inc. 403(b) Plan in MA ($13M, 433 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 920078826.

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