401(k) · DOL Form 5500 · 2024

Icon Air & Mechanical Services 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
49
Participants Small participant base
38th
Percentile by assets National rank
$78,263
Avg per participant Below avg balance/head
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Official DOL plan name: Icon 401(k) Profit Sharing Plan · Sponsored by Icon Air & Mechanical Services · Tennessee · Construction

$4M in assets, 49 participants

Icon Air & Mechanical Services's Icon 401(k) Profit Sharing Plan reported $4M in total assets and 49 participants in its 2024 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.

  • #3,288 in Construction (9,039 peers)

Icon Air & Mechanical Services multi-year trail

Icon Air & Mechanical Services's plans moved +23.7% in assets from 2023 to 2024; this filing shows Icon 401(k) Profit Sharing Plan at $4M / 49 participants.

#3,288
in Construction (9,039 peers)
+23.7%
assets growth YoY

Icon 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Icon 401(k) Profit Sharing Plan vs every filed plan by assets

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

$3,834,886 38th percentile higher than 38% 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

Icon 401(k) Profit Sharing 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. Icon 401(k) Profit Sharing Plan is a small filing (49 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Icon 401(k) Profit Sharing Plan reported net income rose from $464K in the plan year 2023 filing to $735K in the plan year 2024 filing.
  • Icon 401(k) Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Icon 401(k) Profit Sharing Plan reported participants rose from 41 in the plan year 2023 filing to 49 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 273864005 · Icon Air & Mechanical Services PY 2024 · 401(k)

Icon 401(k) Profit Sharing Plan · $4M · 49 · 38th

  • TYPE $4M
  • NET 49
  • BOOK 38th
  • VS-ST 401(k)
  • BOY near Wakefly, Inc. 401(k) Plan
  • SCH ind #3288

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 Construction retirement plans → · Plans in Tennessee →

Icon 401(k) Profit Sharing Plan in the asset neighbourhood

Icon 401(k) Profit Sharing PlanIcon 401(k) Profit Sharing P…$4MWakefly, Inc. 401(k) Plan$4MJalisco International, Inc. Employees' 401(k) Profit Sharing Plan & TrustJalisco International, Inc. …$4MDacs Corp. 401(k) Plan$4MSouthern Energy Management, Inc. 401(k) PlanSouthern Energy Management, …$4M
End-of-year total assets ($M) among Icon 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Icon Air & Mechanical Services multi-year asset trail

Sponsor-wide plan assets over time

All Icon Air & Mechanical Services plans reported in each filing year

Latest sponsor-wide plan assets
$4M 23.72376034624325% vs 2023
2024 filing year
$3M$3.5M$4M 20232024 $3.1M $3.83M ▲ +23.5%
Year Plans Participants Total Assets
2023 1 41 $3M
2024 1 49 $4M

Icon Air & Mechanical Services filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$735K
Employer EIN273864005
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Icon 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Icon 401(k) Profit Sharing Plan, Total assets ($B): 0.003834886 · Participants: 49Icon 401(k) Profit Sharing PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Icon 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Icon 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Wakefly, Inc. 401(k) Plan in MA ($4M); by covered participants it is The Bazooka 401(k) Savings and Investment Plan in NY (49 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (49 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 Icon 401(k) Profit Sharing Plan assets move in 2024?
Icon 401(k) Profit Sharing Plan grew sharply - up 23.7% during 2024, from $3M to $4M. Reported net income was $735K.
How have Icon Air & Mechanical Services plan assets changed over time?
Across 2 plan years on file (2023-2024), Icon Air & Mechanical Services's sponsor-wide assets grew 23.7%, from $3M to $4M.
Which 401(k) plans are similar in size to Icon 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Wakefly, Inc. 401(k) Plan in MA ($4M, 20 participants).
Which 401(k) plans cover a similar participant headcount to Icon 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is The Bazooka 401(k) Savings and Investment Plan in NY (49 participants, N/A in assets).