ESOP · DOL Form 5500 · 2023

Jfn Mechanical Contracting, Inc. ESOP

Data updated 2026-08-25

$45M
Total assets Below avg plan size
218
Participants Below avg headcount
84th
Percentile by assets National rank
$206,505
Avg per participant Above avg balance/head
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Official DOL plan name: J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan · Sponsored by Jfn Mechanical Contracting, Inc. · Arizona · Construction

$45M in assets, 218 participants

Jfn Mechanical Contracting, Inc.'s J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan reported $45M in total assets and 218 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,437 in Construction (9,030 peers)

Coverage in Arizona

J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan covers 218 participants in Arizona, about 39% of the average Arizona filer (state average ~564 per filing). Assets: $45M.

#7,437
in Construction (9,030 peers)
+161.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan's outsized position by total assets

J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$45,018,000 Top 16% higher than 84% 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

J.F.N. Mechanical Contracting, 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. J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (218 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan reported net income rose from -$41M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan end-of-year assets rose from $17M in the plan year 2022 filing to $45M in the plan year 2023 filing.
  • J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan reported participants fell from 253 in the plan year 2022 filing to 218 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 860813571 · Jfn Mechanical Contracting, Inc. PY 2023 · ESOP

J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan · $45M · 218 · 84th

  • TYPE $45M
  • NET 218
  • BOOK 84th
  • VS-ST ESOP
  • BOY near Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust
  • SCH ind #7437

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 Arizona →

J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Mindworks Innovations, Inc. Employee Stock Ownership PlanMindworks Innovations, Inc. …$45MSuperior Consolidated Industries, Inc. Employee Stock Ownership Plan and TrustSuperior Consolidated Indust…$45MAdvance Capital Group, Inc. Employee Stock Ownership PlanAdvance Capital Group, Inc. …$45MJ.F.N. Mechanical Contracting, Inc. Employee Stock Ownership PlanJ.F.N. Mechanical Contractin…$45MMayo Construction Company, Inc. Employee Stock Ownership Plan and TrustMayo Construction Company, I…$45M
End-of-year total assets ($M) among J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)-$11M
Net Income$30M
Employer EIN860813571
Plan Effective Date2022-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jfn Mechanical Contracting, Inc.)

Sponsor-wide plan assets over time

All Jfn Mechanical Contracting, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$45M 161.5424836601307% vs 2022
2023 filing year
$10M$20M$30M$40M$50M 20222023 $17.2M $45M ▲ +161.6%
Year Plans Participants Total Assets
2022 1 253 $17M
2023 1 218 $45M

Nearby ESOP Plans in Arizona

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

J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.5 Total assets ($B) Participants J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.045018 · Participants: 218J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership PlanThe Sundt Companies Employee Stock Ownership Plan, Total assets ($B): 1.064355538 · Participants: 2392The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($B): 0.61854692 · Participants: 19740U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.313228026 · Participants: 253Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($B): 0.216174467 · Participants: 1057Pima Medical Institute Employee Stock Ownership PlanWilson Electric Services Corp. Employee Stock Ownership Plan, Total assets ($B): 0.167298665 · Participants: 726Wilson Electric Services Corp. Employee Stock Ownership Plan
J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants
Compare J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Arizona, the nearest ESOP by assets is Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust in ND ($45M); by covered participants it is America's Gardening Resource, Inc. Employee Stock Ownership Plan in VT (218 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (218 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 J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan surged - up 161.5% during 2023, from $17M to $45M. Reported net income was $30M.
How have Jfn Mechanical Contracting, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Jfn Mechanical Contracting, Inc.'s sponsor-wide assets grew 161.5%, from $17M to $45M.
Where does J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan ranks in the 84th 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 J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust in ND ($45M, 155 participants).
Which ESOP plans cover a similar participant headcount to J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is America's Gardening Resource, Inc. Employee Stock Ownership Plan in VT (218 participants, $15M 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 860813571.

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.