Watsco, Inc. 401(k) Plan: Login, Facts & Contact Information

Watsco, Inc. 401(k) Plan Facts

Plan name
WATSCO, INC. PROFIT SHARING RETIREMENT PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WATSCO, INC.
Participants
8,224 (6,285 active employees)
Former employees with a balance
1,493
Plan assets
$562,077,878 at Dec 31, 2024
Average account balance
$72,517 across 7,751 accounts
Employer contributions
$9,980,931 in plan year 2024 (19% of all contributions)
Recordkeeper
T Rowe Price Rps Inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Dec 1, 1984
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 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $53.9 million went into the plan in contributions, $9.98 million of it from the employer (19%).
  • $54.5 million was paid out to participants.
  • Investment and other income added $69.5 million.

How the Watsco, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,300$152.7 million$2.55 million$16.4 million
20203,401$199.1 million$2.94 million$12.7 million
20215,650$422.4 million$7.43 million$30.8 million
20227,069$372.7 million$9.49 million$29.7 million
20237,785$493.2 million$9.87 million$38.2 million
20248,224$562.1 million$9.98 million$54.5 million

Watsco, Inc. 401(k) Contact Information

Phone
305-714-4100
Mailing address
2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
Plan sponsor
WATSCO, INC.
Employer identification number (EIN)
59-0778222
Plan number
001

Questions about the Watsco, Inc. 401(k)

Does Watsco, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $9.98 million, 19% of all contributions.

Does the Watsco, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Watsco, Inc 401(k) plan?

8,224 participants at the start of plan year 2024, 6,285 of them active employees, and 1,493 former employees who still had money in the plan.

What is the average 401(k) balance at Watsco, Inc?

About $72,517 per account: $562.1 million in plan assets across 7,751 accounts with a balance at the end of plan year 2024.

Who manages the Watsco, Inc 401(k) accounts?

T. Rowe Price (listed on the filing as T ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with T. Rowe Price 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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