ESOP · DOL Form 5500 · 2023

Florida Mechanical Systems Inc ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
24
Participants Small participant base
56th
Percentile by assets National rank
$365,123
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Florida Mechanical Systems Inc ESOP · Sponsored by Florida Mechanical Systems Inc · Florida · Real Estate

$9M in assets, 24 participants

Florida Mechanical Systems Inc's Florida Mechanical Systems Inc ESOP reported $9M in total assets and 24 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #3,487 in Real Estate (4,727 peers)

Florida Mechanical Systems Inc multi-year trail

Florida Mechanical Systems Inc's plans moved +29.2% in assets from 2022 to 2024; this filing shows Florida Mechanical Systems Inc ESOP at $9M / 24 participants.

#3,487
in Real Estate (4,727 peers)
+32.3%
assets growth YoY

Florida Mechanical Systems Inc ESOP's mid-pack asset rank among Real Estate and all filers

Florida Mechanical Systems Inc ESOP vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$8,762,949 Top 44% higher than 56% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Florida Mechanical Systems Inc ESOP among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Florida Mechanical Systems Inc ESOP is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Florida Mechanical Systems Inc ESOP reported net income rose from $814K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Florida Mechanical Systems Inc ESOP reported participants rose from 18 in the plan year 2022 filing to 24 in the plan year 2023 filing.
  • Florida Mechanical Systems Inc ESOP end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 591212797 · Florida Mechanical Systems Inc PY 2023 · ESOP

Florida Mechanical Systems Inc ESOP · $9M · 24 · 56th

  • EBSA $9M
  • EBSA 24
  • EBSA 56th
  • EBSA ESOP
  • EBSA near Scott Sales Co. Employee Stock Ownership Plan
  • EBSA ind #3487

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Florida →

Florida Mechanical Systems Inc ESOP in the asset neighbourhood

Midwest Metalcraft & Equipment Employee Stock Ownership PlanMidwest Metalcraft & Equipme…$9MFlorida Mechanical Systems Inc ESOPFlorida Mechanical Systems I…$9MScott Sales Co. Employee Stock Ownership PlanScott Sales Co. Employee Sto…$9MBaker & O'brien, Inc. Employee Stock Ownership PlanBaker & O'brien, Inc. Employ…$9MEscalante Concrete Employee Stock Ownership PlanEscalante Concrete Employee …$9M
End-of-year total assets ($M) among Florida Mechanical Systems Inc ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Florida Mechanical Systems Inc multi-year asset trail

Sponsor-wide plan assets over time

All Florida Mechanical Systems Inc plans reported in each filing year

Latest sponsor-wide plan assets
$9M 29.203454459821753% vs 2022
2024 filing year
$6M$7M$8M$9M 202220232024 $6.62M $8.56M ▲ +29.3%
Year Plans Participants Total Assets
2022 1 18 $7M
2023 1 24 $9M
2024 1 28 $9M

Florida Mechanical Systems Inc filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN591212797
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Florida

Peer ESOP plans, same state, same plan type, ranked by total assets.

Florida Mechanical Systems Inc ESOP vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Florida Mechanical Systems Inc ESOP, Total assets ($B): 0.008762949 · Participants: 24Florida Mechanical Systems Inc ESOPPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 11.810430673 · Participants: 141229Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 0.836004639 · Participants: 15500Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanRsr Employee Stock Ownership Plan, Total assets ($B): 0.390019755 · Participants: 382Rsr Employee Stock Ownership PlanSummit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.367604547 · Participants: 233Summit Companies Holdings, Inc. Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.324400117 · Participants: 5365Thirty Fifteen Employee Stock Ownership Plan
Florida Mechanical Systems Inc ESOP vs. nearby ESOP plans in Florida, assets vs. participants
Compare Florida Mechanical Systems Inc ESOP side-by-side with 3 peers →

Florida Mechanical Systems Inc ESOP's out-of-state ESOP peers by assets and headcount

Outside Florida, the nearest ESOP by assets is Scott Sales Co. Employee Stock Ownership Plan in CA ($9M); by covered participants it is Valador, Inc. Employee Stock Bonus Plan in WV (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Florida Mechanical Systems Inc ESOP assets move in 2023? ▼
Florida Mechanical Systems Inc ESOP surged - up 32.3% during 2023, from $7M to $9M. Reported net income was $2M.
How have Florida Mechanical Systems Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Florida Mechanical Systems Inc's sponsor-wide assets grew 29.2%, from $7M to $9M.
Which ESOP plans are similar in size to Florida Mechanical Systems Inc ESOP? ▼
Among ESOP plans in other states, the closest by assets is Scott Sales Co. Employee Stock Ownership Plan in CA ($9M, 12 participants).
Which ESOP plans cover a similar participant headcount to Florida Mechanical Systems Inc ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is Valador, Inc. Employee Stock Bonus Plan in WV (24 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 591212797.

Read our methodology - how this data is sourced, computed, and verified.

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