ESOP · DOL Form 5500 · 2024

Modern Air Mechanical ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
69
Participants Small participant base
60th
Percentile by assets National rank
$173,660
Avg per participant Above avg balance/head
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Official DOL plan name: Modern Air Mechanical Employee Stock Ownership Plan · Sponsored by Modern Air Mechanical · California · Construction

$12M in assets, 69 participants

Modern Air Mechanical's Modern Air Mechanical Employee Stock Ownership Plan reported $12M in total assets and 69 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #5,245 in Construction (9,039 peers)

Modern Air Mechanical multi-year trail

Modern Air Mechanical's plans moved +16.9% in assets from 2022 to 2024; this filing shows Modern Air Mechanical Employee Stock Ownership Plan at $12M / 69 participants.

#5,245
in Construction (9,039 peers)
+16.7%
assets growth YoY

Modern Air Mechanical Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Modern Air Mechanical Employee Stock Ownership Plan vs every filed plan by assets

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

$11,982,537 Top 40% higher than 60% 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

Modern Air Mechanical 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. Modern Air Mechanical Employee Stock Ownership Plan is a small filing (69 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Modern Air Mechanical Employee Stock Ownership Plan reported net income rose from -$323K in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Modern Air Mechanical Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Modern Air Mechanical Employee Stock Ownership Plan reported participants fell from 77 in the plan year 2023 filing to 69 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 770198635 · Modern Air Mechanical PY 2024 · ESOP

Modern Air Mechanical Employee Stock Ownership Plan · $12M · 69 · 60th

  • PART $12M
  • TYPE 69
  • NET 60th
  • BOOK ESOP
  • VS-ST near Mckinney Communications Corporation Employee Stock Ownership Plan
  • BOY ind #5245

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 →

Modern Air Mechanical Employee Stock Ownership Plan in the asset neighbourhood

Braden Kitchens, Inc. Employee Stock Ownership PlanBraden Kitchens, Inc. Employ…$12MModern Air Mechanical Employee Stock Ownership PlanModern Air Mechanical Employ…$12MMckinney Communications Corporation Employee Stock Ownership PlanMckinney Communications Corp…$12MStandard Golf Company Employee Stock Ownership PlanStandard Golf Company Employ…$12MKovatch Castings, Inc. Employee Stock Ownership PlanKovatch Castings, Inc. Emplo…$12M
End-of-year total assets ($M) among Modern Air Mechanical Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Modern Air Mechanical multi-year asset trail

Sponsor-wide plan assets over time

All Modern Air Mechanical plans reported in each filing year

Latest sponsor-wide plan assets
$12M 16.875639241690372% vs 2022
2024 filing year
$10M$11M$12M$13M 202220232024 $10.3M $12M ▲ +16.9%
Year Plans Participants Total Assets
2022 1 76 $10M
2023 1 77 $10M
2024 1 69 $12M

Modern Air Mechanical filing trail (2024)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$8M
Net Income$9M
Employer EIN770198635
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in California

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

Modern Air Mechanical Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Modern Air Mechanical Employee Stock Ownership Plan, Total assets ($B): 0.011982537 · Participants: 69Modern Air Mechanical Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
Modern Air Mechanical Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Modern Air Mechanical Employee Stock Ownership Plan side-by-side with 3 peers →

Modern Air Mechanical Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Mckinney Communications Corporation Employee Stock Ownership Plan in AL ($12M); by covered participants it is R. C. Lurie Company, Inc. Employee Stock Ownership Plan in AZ (69 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (69 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 Modern Air Mechanical Employee Stock Ownership Plan assets move in 2024? ▼
Modern Air Mechanical Employee Stock Ownership Plan grew sharply - up 16.7% during 2024, from $10M to $12M. Reported net income was $9M.
How have Modern Air Mechanical plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Modern Air Mechanical's sponsor-wide assets grew 16.9%, from $10M to $12M.
Which ESOP plans are similar in size to Modern Air Mechanical Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mckinney Communications Corporation Employee Stock Ownership Plan in AL ($12M, 239 participants).
Which ESOP plans cover a similar participant headcount to Modern Air Mechanical Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is R. C. Lurie Company, Inc. Employee Stock Ownership Plan in AZ (69 participants, $103M 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 770198635.

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.