ESOP · DOL Form 5500 · 2023

True Air Mechanical, Inc. ESOP

Data updated 2026-08-25

$23M
Total assets Small plan by assets
195
Participants Below avg headcount
75th
Percentile by assets National rank
$120,454
Avg per participant Near avg balance/head
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Official DOL plan name: True Air Mechanical, Inc. Employee Stock Ownership Plan · Sponsored by True Air Mechanical, Inc. · California · Construction

$23M in assets, 195 participants

True Air Mechanical, Inc.'s True Air Mechanical, Inc. Employee Stock Ownership Plan reported $23M in total assets and 195 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,689 in Construction (9,030 peers)

Coverage in California

True Air Mechanical, Inc. Employee Stock Ownership Plan covers 195 participants in California, about 31% of the average California filer (state average ~630 per filing). Assets: $23M.

#6,689
in Construction (9,030 peers)
+113.4%
assets growth YoY
0.2×
vs typical plan assets (national mean)

True Air Mechanical, Inc. Employee Stock Ownership Plan's outsized position by total assets

True Air Mechanical, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$23,488,443 Top 25% higher than 75% 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

True Air Mechanical, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. True Air Mechanical, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (195 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • True Air Mechanical, Inc. Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • True Air Mechanical, Inc. Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • True Air Mechanical, Inc. Employee Stock Ownership Plan reported participants fell from 264 in the plan year 2022 filing to 195 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 273944870 · True Air Mechanical, Inc. PY 2023 · ESOP

True Air Mechanical, Inc. Employee Stock Ownership Plan · $23M · 195 · 75th

  • 5500 $23M
  • ASSETS 195
  • PCT 75th
  • EIN ESOP
  • RANK near Stress Engineering Services, Inc. Employee Stock Ownership Plan
  • PHOTO ind #6689

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 California →

True Air Mechanical, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Azurite Professional Community Employee Stock Ownership PlanAzurite Professional Communi…$24MNational Distribution Service Employee Stock Ownership PlanNational Distribution Servic…$24MStress Engineering Services, Inc. Employee Stock Ownership PlanStress Engineering Services,…$24MTrue Air Mechanical, Inc. Employee Stock Ownership PlanTrue Air Mechanical, Inc. Em…$23MWenthe-Davidson Engineering Co. Employee Stock Ownership PlanWenthe-Davidson Engineering …$23M
End-of-year total assets ($M) among True Air Mechanical, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)-$9M
Net Income$16M
Employer EIN273944870
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (True Air Mechanical, Inc.)

Sponsor-wide plan assets over time

All True Air Mechanical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$36M 160.02022605686724% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $13.8M $35.9M ▲ +160.1%
Year Plans Participants Total Assets
2022 2 518 $14M
2023 2 435 $27M
2024 2 472 $36M

Nearby ESOP Plans in California

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

True Air Mechanical, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants True Air Mechanical, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.023488443 · Participants: 195True Air Mechanical, Inc. Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 3.757068542 · Participants: 7871Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.444524335 · Participants: 1397Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.125537204 · Participants: 1700Rosendin Electric, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533004512 · Participants: 72Agron, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.497089527 · Participants: 3656Recology Employee Stock Ownership Plan
True Air Mechanical, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare True Air Mechanical, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Stress Engineering Services, Inc. Employee Stock Ownership Plan in TX ($24M); by covered participants it is Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust in MN (195 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (195 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 True Air Mechanical, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
True Air Mechanical, Inc. Employee Stock Ownership Plan surged - up 113.4% during 2023, from $11M to $23M. Reported net income was $16M.
How have True Air Mechanical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), True Air Mechanical, Inc.'s sponsor-wide assets grew 160.0%, from $14M to $36M.
Where does True Air Mechanical, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
True Air Mechanical, Inc. Employee Stock Ownership Plan ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to True Air Mechanical, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Stress Engineering Services, Inc. Employee Stock Ownership Plan in TX ($24M, 255 participants).
Which ESOP plans cover a similar participant headcount to True Air Mechanical, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust in MN (195 participants, $36M 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 273944870.

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.