Watermark Retirement Communities, Inc. 401(k) Plan: Login, Facts & Contact Information

Watermark Retirement Communities, Inc. 401(k) Plan Facts

Plan name
WATERMARK RETIREMENT COMMUNITIES, LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WATERMARK RETIREMENT COMMUNITIES, LLC
Participants
5,117 (2,946 active employees)
Former employees with a balance
687
Plan assets
$53,815,835 at Dec 31, 2024
Average account balance
$17,552 across 3,066 accounts
Employer contributions
$2,153,624 in plan year 2024 (20% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2006
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $10.9 million went into the plan in contributions, $2.15 million of it from the employer (20%).
  • $14.5 million was paid out to participants.
  • Investment and other income added $6.25 million.
  • Administrative expenses were $471,904, about $154 per account.

How the Watermark Retirement Communities, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20194,201$29.6 million$10,860$2.80 million
20204,662$38.3 million$2.17 million$4.93 million
20214,527$46.3 million$2.14 million$6.73 million
20224,414$43.6 million$2.29 million$6.49 million
20235,111$51.7 million$2.43 million$10.2 million
20245,117$53.8 million$2.15 million$14.5 million

Watermark Retirement Communities, Inc. 401(k) Contact Information

Phone
520-797-4000
Mailing address
2020 W RUDASILL RD, TUCSON AZ 857047800
Plan sponsor
WATERMARK RETIREMENT COMMUNITIES, LLC
Employer identification number (EIN)
86-0587483
Plan number
001

Questions about the Watermark Retirement Communities, Inc. 401(k)

Does Watermark Retirement Communities, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.15 million, 20% of all contributions.

Does the Watermark Retirement Communities, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Watermark Retirement Communities, Inc 401(k) plan?

5,117 participants at the start of plan year 2024, 2,946 of them active employees, and 687 former employees who still had money in the plan.

What is the average 401(k) balance at Watermark Retirement Communities, Inc?

About $17,552 per account: $53.8 million in plan assets across 3,066 accounts with a balance at the end of plan year 2024.

Who manages the Watermark Retirement Communities, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Watermark Retirement Communities, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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