ESOP · DOL Form 5500 · 2023

Thermal Tech ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
38
Participants Small participant base
32nd
Percentile by assets National rank
$59,000
Avg per participant Low balance/head
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Official DOL plan name: Thermal Tech Employee Stock Ownership Plan · Sponsored by Thermal Tech · Florida · Professional & Technical Services

$2M in assets, 38 participants

Thermal Tech's Thermal Tech Employee Stock Ownership Plan reported $2M in total assets and 38 participants in its 2023 DOL Form 5500 filing, ranking in the 32nd 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.

  • #5,685 in Professional & Technical Services (20,321 peers)

Thermal Tech multi-year trail

Thermal Tech's plans moved +51.0% in assets from 2022 to 2024; this filing shows Thermal Tech Employee Stock Ownership Plan at $2M / 38 participants.

#5,685
in Professional & Technical Services (20,321 peers)
+18.6%
assets growth YoY

Thermal Tech Employee Stock Ownership Plan among the smaller filed plans by assets

Thermal Tech Employee Stock Ownership Plan vs every filed plan by assets

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

$2,242,004 32nd percentile higher than 32% 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

Thermal Tech 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. Thermal Tech Employee Stock Ownership Plan is a small filing (38 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thermal Tech Employee Stock Ownership Plan reported net income rose from -$144K in the plan year 2022 filing to $352K in the plan year 2023 filing.
  • Thermal Tech Employee Stock Ownership Plan reported participants rose from 31 in the plan year 2022 filing to 38 in the plan year 2023 filing.
  • Thermal Tech Employee Stock Ownership Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 592343185 · Thermal Tech PY 2023 · ESOP

Thermal Tech Employee Stock Ownership Plan · $2M · 38 · 32nd

  • PHOTO $2M
  • IND 38
  • EOY 32nd
  • 5500 ESOP
  • ASSETS near Carroll Apothecary, Inc. Employee Stock Ownership Plan
  • PCT ind #5685

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 →

Thermal Tech Employee Stock Ownership Plan in the asset neighbourhood

Robson Forensic Employee Stock Ownership PlanRobson Forensic Employee Sto…$2MThermal Tech Employee Stock Ownership PlanThermal Tech Employee Stock …$2MCarroll Apothecary, Inc. Employee Stock Ownership PlanCarroll Apothecary, Inc. Emp…$2MChambers Group, Inc. Employee Stock Ownership PlanChambers Group, Inc. Employe…$2MFabricators, Inc. Employee Stock Ownership PlanFabricators, Inc. Employee S…$2M
End-of-year total assets ($M) among Thermal Tech Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Thermal Tech multi-year asset trail

Sponsor-wide plan assets over time

All Thermal Tech plans reported in each filing year

Latest sponsor-wide plan assets
$3M 51.03843657032085% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $1.89M $2.85M ▲ +50.8%
Year Plans Participants Total Assets
2022 1 31 $2M
2023 1 38 $2M
2024 1 53 $3M

Thermal Tech filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$352K
Employer EIN592343185
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Florida

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

Thermal Tech Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Thermal Tech Employee Stock Ownership Plan, Total assets ($B): 0.002242004 · Participants: 38Thermal Tech Employee Stock Ownership PlanPublix 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
Thermal Tech Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants

Thermal Tech Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Florida, the nearest ESOP by assets is Carroll Apothecary, Inc. Employee Stock Ownership Plan in IA ($2M); by covered participants it is Inberg-Miller Engineers Employee Stock Ownership Plan in WY (38 participants). Same-state nearby plans are listed separately above.

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 Thermal Tech Employee Stock Ownership Plan assets move in 2023?
Thermal Tech Employee Stock Ownership Plan grew sharply - up 18.6% during 2023, from $2M to $2M. Reported net income was $352K.
How have Thermal Tech plan assets changed over time?
Across 3 plan years on file (2022-2024), Thermal Tech's sponsor-wide assets grew 51.0%, from $2M to $3M.
Which ESOP plans are similar in size to Thermal Tech Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Carroll Apothecary, Inc. Employee Stock Ownership Plan in IA ($2M, 30 participants).
Which ESOP plans cover a similar participant headcount to Thermal Tech Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Inberg-Miller Engineers Employee Stock Ownership Plan in WY (38 participants, N/A in assets).