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Original filing (PDF)20250912150722NAL0000884915001
WATSON ELECTRICAL CONSTRUCTION CO., LLC
Form 5500
FILING_RECEIVED
WATSON ELECTRICAL 401(K) PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
298
Accounts w/ balance
489
Plan assets (EOY)
$23.9M
Net assets (EOY)
$23.9M
How this plan invests
This plan
15 pooled trusts
Schedule D
28 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 45 bps in Schedule C fees — 55% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for WATSON ELECTRICAL CONSTRUCTION CO., LLC.
Plan sponsor
Name
WATSON ELECTRICAL CONSTRUCTION CO., LLC
EIN
61-1440043
Address
1500 CHARLESTON STREET · WILSON, NC · 27893
Phone
(252) 237-7511
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-12
Pension benefit codes
2S · Automatic enrollment
2E · Profit-sharing
3D · Pre-approved plan (master / prototype / VS)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2F · ERISA section 404(c)
2T · Default investment account (QDIA)
Audit & trust (Schedule H)
Auditor
BATCHELOR,TILLERY & ROBERTS,LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ASCENSUS LLC | 11-3665754 | — | NONE | $64K | — |
| MMA SECURITIES, LLC | — | NEW YORK, NY | NONE | $43K | — |
Investments
13 direct securities · 15 pooled funds· $23.8M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$16.2M
15 holdings
Uncategorized
$7.7M
13 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| MORLEY STABLE VALUE FUND FEE CLASS MORLEY FINANCIAL SERVICES, INC. · EIN 93-6274329 / PN 125 | Common Collective Trust | — | — | $3.2M | 13.4% | |
| Vanguard Equity Income Adm Vanguard 0 | — | — | — | $3.0M | 12.7% | |
| LARGE CAP GROWTH FUND III CL R1 GREAT GRAY TRUST · EIN 38-7275327 / PN 001 | Common Collective Trust | — | — | $2.6M | 10.9% | |
| T. ROWE PRICE RET 2035 TRUST CLASS T. ROWE PRICE · EIN 36-7595013 / PN 001 | Common Collective Trust | — | — | $1.8M | 7.7% | |
| T. ROWE PRICE RET 2020 TRUST CLASS T. ROWE PRICE · EIN 36-7594871 / PN 001 | Common Collective Trust | — | — | $1.8M | 7.7% | |
| T. ROWE PRICE RET 2030 TRUST CLASS T. ROWE PRICE · EIN 38-7010946 / PN 001 | Common Collective Trust | — | — | $1.3M | 5.7% | |
| T. ROWE PRICE RET 2040 TRUST CLASS T. ROWE PRICE · EIN 35-6941729 / PN 001 | Common Collective Trust | — | — | $1.2M | 5.0% | |
| Fidelity 500 Index Fund Fidelity 0 | — | — | — | $978K | 4.1% | |
| T. ROWE PRICE RET 2025 TRUST CLASS T. ROWE PRICE · EIN 37-6495447 / PN 001 | Common Collective Trust | — | — | $947K | 4.0% | |
| T. ROWE PRICE RET 2045 TRUST CLASS T. ROWE PRICE · EIN 32-6199848 / PN 001 | Common Collective Trust | — | — | $885K | 3.7% | |
| T. Rowe Price Mid-Cap Growth I T. Rowe Price 0 | — | — | — | $836K | 3.5% | |
| Fidelity Small Cap Index Fidelity 0 | — | — | — | $770K | 3.2% | |
| BLACKROCK MSCI ACWI EX-U.S. INDEX R GREAT GRAY TRUST · EIN 81-1950980 / PN 013 | Common Collective Trust | — | — | $686K | 2.9% | |
| American Funds American Balanced R6 American Funds 0 | — | — | — | $642K | 2.7% | |
| T. ROWE PRICE RET 2010 TRUST CLASS T. ROWE PRICE · EIN 32-6199795 / PN 001 | Common Collective Trust | — | — | $568K | 2.4% | |
| American Funds US Government Sec R6 American Funds 0 | — | — | — | $561K | 2.4% | |
| T. ROWE PRICE RET 2050 TRUST CLASS T. ROWE PRICE · EIN 30-6303214 / PN 001 | Common Collective Trust | — | — | $498K | 2.1% | |
| MFS Mid Cap Value R3 MFS 0 | — | — | — | $475K | 2.0% | |
| T. ROWE PRICE RET 2060 TRUST CLASS T. ROWE PRICE · EIN 47-1088316 / PN 001 | Common Collective Trust | — | — | $236K | 1.0% | |
| T. ROWE PRICE RET 2055 TRUST CLASS T. ROWE PRICE · EIN 35-6941728 / PN 001 | Common Collective Trust | — | — | $168K | 0.7% | |
| Dodge & Cox Income Fund I Dodge & Cox 0 | — | — | — | $118K | 0.5% | |
| Fidelity Mid Cap Index Fidelity 0 | — | — | — | $92K | 0.4% | |
| Cohen & Steers Real Estate Secs R Cohen & Steers 0 | — | — | — | $85K | 0.4% | |
| T. ROWE PRICE RET 2015 TRUST CLASS T. ROWE PRICE · EIN 35-6941654 / PN 001 | Common Collective Trust | — | — | $74K | 0.3% | |
| SMALL CAP GROWTH R1 GREAT GRAY TRUST · EIN 38-4097324 / PN 487 | Common Collective Trust | — | — | $70K | 0.3% | |
| Various Rates and Maturities Participant's Loan Account 0 | — | — | — | $50K | 0.2% | |
| Allspring Special Small Cap Value Instl Allspring 0 1 T. Rowe Price Overseas Stock Inv T. Rowe Price 0 | — | — | — | $26K | 0.1% | |
| Fidelity U.S. Bond Index Fund Fidelity 0 | — | — | — | $7K | <0.1% |
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