ESOP · DOL Form 5500 · 2023

Florida Mechanical Systems Inc ESOP

Data updated 2026-08-11

$9M
Total assets
24
Participants
56th
Percentile by assets
$365,123
Avg per participant
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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.

  • 56th percentile by assets (of 127,072 plans)
  • #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.

$9M
total plan assets (2023 EOY)
24
covered participants
56th
percentile by assets (of 127,072 plans)
$365,123
avg assets per participant

Where Florida Mechanical Systems Inc ESOP sits by total assets

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 $2,010,000,000 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

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 →

State
Industry

Florida Mechanical Systems Inc across 3 plan years on file

Across the 3 plan years Florida Mechanical Systems Inc has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $9M, a gain of 29.2%, while reported participants moved from 18 to 28 (+55.6%). Peak year by sponsor assets: 2023 ($9M); trough: 2022 ($7M).

Florida Mechanical Systems Inc multi-year asset trail

$6M$7M$8M$9M 202220232024 $6.62M $8.56M ▲ +29.3%
Total plan assets by year, all Florida Mechanical Systems Inc plans on file
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 ($B) Participants Florida Mechanical S…, Total assets ($B): 0.008762949 · Participants: 24Florida Mechanical S…Publix Super Markets…, Total assets ($B): 11.810430673 · Participants: 141229Publix Super Markets…Raymond James Financ…, Total assets ($B): 0.836004639 · Participants: 15500Raymond James Financ…Rsr Employee Stock O…, Total assets ($B): 0.390019755 · Participants: 382Rsr Employee Stock O…Summit Companies Hol…, Total assets ($B): 0.367604547 · Participants: 233Summit Companies Hol…Thirty Fifteen Emplo…, Total assets ($B): 0.324400117 · Participants: 5365Thirty Fifteen Emplo…
Florida Mechanical Systems Inc ESOP vs. nearby ESOP plans in Florida, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Florida Mechanical Systems Inc ESOP by total assets, not by location.

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).

Next read for Florida Mechanical Systems Inc ESOP

Multi-year trail

Ways to act on Florida Mechanical Systems Inc ESOP's numbers.