ESOP · DOL Form 5500 · 2024

Climate Systems, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
40
Participants Small participant base
36th
Percentile by assets National rank
$85,047
Avg per participant Below avg balance/head
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Official DOL plan name: Climate Systems, Inc. Employee Stock Ownership Plan · Sponsored by Climate Systems, Inc. · South Dakota · Construction

$3M in assets, 40 participants

Climate Systems, Inc.'s Climate Systems, Inc. Employee Stock Ownership Plan reported $3M in total assets and 40 participants in its 2024 DOL Form 5500 filing, ranking in the 36th 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.

  • #3,117 in Construction (9,039 peers)

Climate Systems, Inc. multi-year trail

Climate Systems, Inc.'s plans moved +298.0% in assets from 2023 to 2024; this filing shows Climate Systems, Inc. Employee Stock Ownership Plan at $3M / 40 participants.

#3,117
in Construction (9,039 peers)
+298.0%
assets growth YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,401,882 36th percentile higher than 36% of 123,620 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 2024

Climate Systems, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Climate Systems, Inc. Employee Stock Ownership Plan is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Climate Systems, Inc. Employee Stock Ownership Plan reported net income fell from $430K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Climate Systems, Inc. Employee Stock Ownership Plan end-of-year assets rose from $855K in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Climate Systems, Inc. Employee Stock Ownership Plan reported participants rose from 38 in the plan year 2023 filing to 40 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 460377208 · Climate Systems, Inc. PY 2024 · ESOP

Climate Systems, Inc. Employee Stock Ownership Plan · $3M · 40 · 36th

  • TYPE $3M
  • NET 40
  • BOOK 36th
  • VS-ST ESOP
  • BOY near Hill Wood Products, Inc. Employee Stock Ownership Plan
  • SCH ind #3117

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 South Dakota →

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

Hill Wood Products, Inc. Employee Stock Ownership PlanHill Wood Products, Inc. Emp…$3MMate Inc Stock Bonus Plan & Trust with ESOP ProvisionsMate Inc Stock Bonus Plan & …$3MRenaissance Infrastructure Consulting, Inc. Employee Stock Ownership PlanRenaissance Infrastructure C…$3MClimate Systems, Inc. Employee Stock Ownership PlanClimate Systems, Inc. Employ…$3MStonetek Imports, Inc. Employee Stock Ownership Plan and TrustStonetek Imports, Inc. Emplo…$3M
End-of-year total assets ($M) among Climate Systems, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Climate Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Climate Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 298.0308373445906% vs 2023
2024 filing year
$0M$1M$2M$3M$4M 20232024 $0.85M $3.4M ▲ +300.0%
Year Plans Participants Total Assets
2023 1 38 $855K
2024 1 40 $3M

Climate Systems, Inc. filing trail (2024)

Total Assets (Beginning of Year)$855K
Net Assets (End of Year)-$705K
Net Income-$2M
Employer EIN460377208
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in South Dakota

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

Climate Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants Scatter plot of 6 data points. 0200400600800 -50050100150 Total assets ($M) Participants Climate Systems, Inc. Employee Stock Ownership Plan, Total assets ($M): 3.401882 · Participants: 40Climate Systems, Inc. Employee Stock Ownership PlanShowplace Wood Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 103.967023 · Participants: 529Showplace Wood Products, Inc. Employee Stock Ownership PlanFishback Financial Corporation Employee Stock Ownership Plan, Total assets ($M): 56.010399 · Participants: 715Fishback Financial Corporation Employee Stock Ownership PlanBierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 46.027058 · Participants: 87Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership PlanRe/Spec Inc. Employee Stock Ownership Plan, Total assets ($M): 45.003648 · Participants: 497Re/Spec Inc. Employee Stock Ownership PlanThe Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 41.777263 · Participants: 108The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust
Climate Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants
Compare Climate Systems, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside South Dakota, the nearest ESOP by assets is Hill Wood Products, Inc. Employee Stock Ownership Plan in MN ($3M); by covered participants it is Spencer County Bank Employees' Stock Ownership Plan & Trust in IN (40 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (40 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Climate Systems, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Climate Systems, Inc. Employee Stock Ownership Plan surged - up 298.0% during 2024, from $855K to $3M. Reported net income was -$2M.
How have Climate Systems, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Climate Systems, Inc.'s sponsor-wide assets grew 298.0%, from $855K to $3M.
Which ESOP plans are similar in size to Climate Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Hill Wood Products, Inc. Employee Stock Ownership Plan in MN ($3M, 22 participants).
Which ESOP plans cover a similar participant headcount to Climate Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Spencer County Bank Employees' Stock Ownership Plan & Trust in IN (40 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 460377208.

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.