ESOP · DOL Form 5500 · 2023

Mechworks Mechanical Contractors Inc ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
80
Participants Small participant base
61st
Percentile by assets National rank
$142,500
Avg per participant Near avg balance/head
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Official DOL plan name: Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan · Sponsored by Mechworks Mechanical Contractors Inc · North Carolina · Construction

$11M in assets, 80 participants

Mechworks Mechanical Contractors Inc's Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan reported $11M in total assets and 80 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #5,408 in Construction (9,030 peers)

Mechworks Mechanical Contractors Inc multi-year trail

Mechworks Mechanical Contractors Inc's plans moved +25.0% in assets from 2022 to 2024; this filing shows Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan at $11M / 80 participants.

#5,408
in Construction (9,030 peers)
+21.9%
assets growth YoY

Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan vs every filed plan by assets

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

$11,400,000 Top 39% higher than 61% 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

Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan is a small filing (80 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan reported net income rose from $350K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan reported participants rose from 76 in the plan year 2022 filing to 80 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 562030773 · Mechworks Mechanical Contractors Inc PY 2023 · ESOP

Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan · $11M · 80 · 61st

  • EOY $11M
  • 5500 80
  • ASSETS 61st
  • PCT ESOP
  • EIN near Csc Employee Stock Ownership Plan
  • RANK ind #5408

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 North Carolina →

Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan in the asset neighbourhood

K-M Industries Holding Co., Inc. Employee Stock Ownership PlanK-M Industries Holding Co., …$11MMechworks Mechanical Contractors Inc Employee Stock Ownership PlanMechworks Mechanical Contrac…$11MCsc Employee Stock Ownership PlanCsc Employee Stock Ownership…$11MMartin/Brattrud, Inc. Employee Stock Ownership PlanMartin/Brattrud, Inc. Employ…$11MThe Elliott Company Employee Stock Ownership PlanThe Elliott Company Employee…$11M
End-of-year total assets ($M) among Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Mechworks Mechanical Contractors Inc multi-year asset trail

Sponsor-wide plan assets over time

All Mechworks Mechanical Contractors Inc plans reported in each filing year

Latest sponsor-wide plan assets
$12M 24.97368983957219% vs 2022
2024 filing year
$9M$10M$11M$12M 202220232024 $9.35M $11.7M ▲ +25.0%
Year Plans Participants Total Assets
2022 1 76 $9M
2023 1 80 $11M
2024 1 83 $12M

Mechworks Mechanical Contractors Inc filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN562030773
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Carolina

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

Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050010001500 050100150200 Total assets ($M) Participants Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan, Total assets ($M): 11.4 · Participants: 80Mechworks Mechanical Contractors Inc Employee Stock Ownership PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 181.705477 · Participants: 1330Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustEcmd, Inc. Employee Stock Ownership Plan, Total assets ($M): 131.739406 · Participants: 922Ecmd, Inc. Employee Stock Ownership PlanPrecision Walls, Inc. Employee Stock Ownership Plan, Total assets ($M): 111.490037 · Participants: 1028Precision Walls, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($M): 102.100516 · Participants: 273Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 85.875992 · Participants: 144State Utility Contractors, Inc. Employee Stock Ownership Plan
Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Csc Employee Stock Ownership Plan in CA ($11M); by covered participants it is Union State Bank Employee Stock Ownership Plan in KS (80 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (80 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 Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan assets move in 2023?
Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan grew sharply - up 21.9% during 2023, from $9M to $11M. Reported net income was $2M.
How have Mechworks Mechanical Contractors Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Mechworks Mechanical Contractors Inc's sponsor-wide assets grew 25.0%, from $9M to $12M.
Which ESOP plans are similar in size to Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Csc Employee Stock Ownership Plan in CA ($11M, 1,706 participants).
Which ESOP plans cover a similar participant headcount to Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Union State Bank Employee Stock Ownership Plan in KS (80 participants, $1M in assets).