ESOP · DOL Form 5500 · 2023

Jfn Mechanical Contracting, Inc. ESOP

Data updated 2026-08-11

$45M
Total assets: 218
Participants: 84th
Percentile by assets: $206,505
Avg per participant

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.

84th percentile by assets (of 127,072 plans)
#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.

$45M
total plan assets (2023 EOY): 218
covered participants: 84th
percentile by assets (of 127,072 plans): $206,505
avg assets per participant

Where J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan sits 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

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 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 →

State

Arizona

Industry

Construction

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan reports 218 participants - about 39% of that state average ($45M EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)	$17M
Net Assets (End of Year)	-$11M
Net Income	$30M
Employer EIN	860813571
Plan Effective Date	2022-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Jfn Mechanical Contracting, Inc.)

Total plan assets by year, all Jfn Mechanical Contracting, Inc. plans on file

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

The Sundt Companies Employee Stock Ownership Plan $1.1B · 2,392
U-Haul Holding Company Employee Stock Ownership Plan $619M · 19,740
Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan $313M · 253
Pima Medical Institute Employee Stock Ownership Plan $216M · 1,057
Wilson Electric Services Corp. Employee Stock Ownership Plan $167M · 726

Compare J.F.N. Mechanical Contracting, Inc. Empl… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan by total assets, not by location.

Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust (ND) $45M · 155
Advance Capital Group, Inc. Employee Stock Ownership Plan (MI) $45M · 61
Superior Consolidated Industries, Inc. Employee Stock Ownership Plan and Trust (IL) $45M · 2,018
Mindworks Innovations, Inc. Employee Stock Ownership Plan (CA) $45M · 200

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).

Next read for J.F.N. Mechanical Contracting, Inc. Empl…

Filing takeaways

Ways to act on J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan's numbers.

By total assets, J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Arizona. Compare plans
Jfn Mechanical Contracting, Inc.'s sponsor-wide assets have grown 161.5% since 2022 across 2 plan years on file. More Construction plans

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.