ESOP · DOL Form 5500 · 2023

Advance Mechanical Systems Inc ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
30
Participants Small participant base
38th
Percentile by assets National rank
$119,489
Avg per participant Near avg balance/head
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Official DOL plan name: Advance Mechanical Systems, Inc. Employee Stock Ownership Plan · Sponsored by Advance Mechanical Systems Inc · Illinois · Construction

$4M in assets, 30 participants

Advance Mechanical Systems Inc's Advance Mechanical Systems, Inc. Employee Stock Ownership Plan reported $4M in total assets and 30 participants in its 2023 DOL Form 5500 filing, ranking in the 38th 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.

  • #3,280 in Construction (9,030 peers)

2023 asset change

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan pulled back noticeably 14.8% in 2023 ($4M → $4M) for 30 participants.

#3,280
in Construction (9,030 peers)
-14.8%
assets change YoY

The plan reported a net loss of $624K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$3,584,674 38th percentile higher than 38% 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

Advance Mechanical Systems, 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. Advance Mechanical Systems, Inc. Employee Stock Ownership Plan is a small filing (30 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Advance Mechanical Systems, Inc. Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2022 filing to -$624K in the plan year 2023 filing.
  • Advance Mechanical Systems, Inc. Employee Stock Ownership Plan reported participants fell from 36 in the plan year 2022 filing to 30 in the plan year 2023 filing.
  • Advance Mechanical Systems, Inc. Employee Stock Ownership Plan end-of-year assets fell from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 360707980 · Advance Mechanical Systems Inc PY 2023 · ESOP

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan · $4M · 30 · 38th

  • NET $4M
  • BOOK 30
  • VS-ST 38th
  • BOY ESOP
  • SCH near Four Star Employee Stock Ownership Plan
  • EBSA ind #3280

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 Illinois →

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Four Star Employee Stock Ownership PlanFour Star Employee Stock Own…$4MFalcon Industries, Inc. Employee St Ock Ownership Plan and TrustFalcon Industries, Inc. Empl…$4MAdvance Mechanical Systems, Inc. Employee Stock Ownership PlanAdvance Mechanical Systems, …$4MWarwick Plumbing and Heating Corporation Employee Stock Ownership PlanWarwick Plumbing and Heating…$4MKafl, Inc. Employee Stock Ownership PlanKafl, Inc. Employee Stock Ow…$4M
End-of-year total assets ($M) among Advance Mechanical Systems, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Advance Mechanical Systems Inc years around the 2023 move

Sponsor-wide plan assets over time

All Advance Mechanical Systems Inc plans reported in each filing year

Latest sponsor-wide plan assets
$4M 7.03044068912652% vs 2022
2024 filing year
$3.4M$3.6M$3.8M$4M$4.2M$4.4M 202220232024 $4.21M $3.91M ▼ -7.1%
Year Plans Participants Total Assets
2022 1 36 $4M
2023 1 30 $4M
2024 1 28 $4M

2023 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$624K
Employer EIN360707980
Plan Effective Date1988-03-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Illinois

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

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Advance Mechanical Systems, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.003584674 · Participants: 30Advance Mechanical Systems, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
Advance Mechanical Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Advance Mechanical Systems, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Four Star Employee Stock Ownership Plan in IN ($4M); by covered participants it is Blue Ridge Aquaculture, Inc. Employee Stock Ownership Plan in VA (30 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (30 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 Advance Mechanical Systems, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Advance Mechanical Systems, Inc. Employee Stock Ownership Plan pulled back noticeably - down 14.8% during 2023, from $4M to $4M. Reported net income was -$624K.
How have Advance Mechanical Systems Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Advance Mechanical Systems Inc's sponsor-wide assets declined 7.0%, from $4M to $4M.
Which ESOP plans are similar in size to Advance Mechanical Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Four Star Employee Stock Ownership Plan in IN ($4M, 57 participants).
Which ESOP plans cover a similar participant headcount to Advance Mechanical Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Blue Ridge Aquaculture, Inc. Employee Stock Ownership Plan in VA (30 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 360707980.

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.