Watsco, Inc. Profit Sharing Retirement Plan And Trust — Form 5500 plan (Watsco, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Watsco, Inc. Profit Sharing Retirement Plan And Trust is a benefit plan reported by Watsco, Inc. under EIN 59-0778222 and plan number 001. The latest loaded filing year is 2023. The filing reports 7,785 participants and $493,159,782 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Watsco, Inc.
EIN
59-0778222
Plan number
001
Plan type
2
Location
Miami, FL
Latest filing year
2023
Participants
7,785
End-of-year plan assets
$493,159,782

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20237,785H, C20241008095223NAL0016421409001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$493,159,782
Total liabilities (EOY)
$0
Net assets (EOY)
$493,159,782
Net assets (BOY)
$372,650,905

Income & contributions

Employer contributions
$9,873,403
Participant contributions
$35,471,400
Total contributions
$54,769,681
Total income / additions
$158,726,576

Expenses & distributions

Benefits paid
$38,217,699
Administrative expenses
$0
Total expenses
$38,217,699
Net increase / (decrease)
$120,508,877

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T Rowe Price Rps IncNONE$126,073$02023
Charles Schwab & Co., Inc.NONE$380$02023

Related Form 5500 pages