ESOP · DOL Form 5500 · 2024

Florida Mechanical Systems Inc ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
28
Participants Small participant base
52nd
Percentile by assets National rank
$305,681
Avg per participant High balance/head
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Official DOL plan name: Florida Mechanical Systems Inc ESOP · Sponsored by Florida Mechanical Systems Inc · Florida · Real Estate

$9M in assets, 28 participants

Florida Mechanical Systems Inc's Florida Mechanical Systems Inc ESOP reported $9M in total assets and 28 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #3,256 in Real Estate (4,605 peers)

Florida Mechanical Systems Inc multi-year trail

Florida Mechanical Systems Inc's plans moved +29.2% in assets from 2022 to 2024; this filing shows Florida Mechanical Systems Inc ESOP at $9M / 28 participants.

#3,256
in Real Estate (4,605 peers)
-2.3%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Florida Mechanical Systems Inc ESOP's mid-pack asset rank among Real Estate and all filers

Florida Mechanical Systems Inc ESOP vs every filed plan by assets

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

$8,559,057 Top 48% higher than 52% 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

Florida Mechanical Systems Inc ESOP among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Florida Mechanical Systems Inc ESOP is a small filing (28 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Florida Mechanical Systems Inc ESOP reported net income fell from $2M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Florida Mechanical Systems Inc ESOP reported participants rose from 24 in the plan year 2023 filing to 28 in the plan year 2024 filing.
  • Florida Mechanical Systems Inc ESOP end-of-year assets fell from $9M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 591212797 · Florida Mechanical Systems Inc PY 2024 · ESOP

Florida Mechanical Systems Inc ESOP · $9M · 28 · 52nd

  • SCH $9M
  • SCH 28
  • SCH 52nd
  • SCH ESOP
  • SCH near Pioneer General Contractors, Inc. Employee Stock Ownership Plan
  • SCH ind #3256

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 Florida →

Florida Mechanical Systems Inc ESOP in the asset neighbourhood

Paper Machinery Holding Corporation Employee Stock Ownership PlanPaper Machinery Holding Corp…$9MFlorida Mechanical Systems Inc ESOPFlorida Mechanical Systems I…$9MPioneer General Contractors, Inc. Employee Stock Ownership PlanPioneer General Contractors,…$9MGjo Holdings, Inc. Employee Stock Ownership PlanGjo Holdings, Inc. Employee …$9MCitadel Environmental Services, Inc. Employee Stock Ownership PlanCitadel Environmental Servic…$9M
End-of-year total assets ($M) among Florida Mechanical Systems Inc ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Florida Mechanical Systems Inc multi-year asset trail

Sponsor-wide plan assets over time

All Florida Mechanical Systems Inc plans reported in each filing year

Latest sponsor-wide plan assets
$9M 29.203454459821753% vs 2022
2024 filing year
$6M$7M$8M$9M 202220232024 $6.62M $8.56M ▲ +29.3%
Year Plans Participants Total Assets
2022 1 18 $7M
2023 1 24 $9M
2024 1 28 $9M

Florida Mechanical Systems Inc filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$1M
Employer EIN591212797
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Florida

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

Florida Mechanical Systems Inc ESOP vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -505101520 Total assets ($B) Participants Florida Mechanical Systems Inc ESOP, Total assets ($B): 0.008559057 · Participants: 28Florida Mechanical Systems Inc ESOPPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 14.286420169 · Participants: 149213Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 1.130328955 · Participants: 16036Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanSummit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.75388536 · Participants: 354Summit Companies Holdings, Inc. Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.724566492 · Participants: 4730Thirty Fifteen Employee Stock Ownership PlanWestern Global Airlines, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.441212218 · Participants: 353Western Global Airlines, Inc. Employee Stock Ownership Plan
Florida Mechanical Systems Inc ESOP vs. nearby ESOP plans in Florida, assets vs. participants

Florida Mechanical Systems Inc ESOP's out-of-state ESOP peers by assets and headcount

Outside Florida, the nearest ESOP by assets is Pioneer General Contractors, Inc. Employee Stock Ownership Plan in TX ($9M); by covered participants it is Asu Group Employee Stock Ownership Plan in MI (28 participants). Same-state nearby plans are listed separately above.

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 Florida Mechanical Systems Inc ESOP assets move in 2024?
Florida Mechanical Systems Inc ESOP edged down modestly - down 2.3% during 2024, from $9M to $9M. Reported net income was -$1M.
How have Florida Mechanical Systems Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Florida Mechanical Systems Inc's sponsor-wide assets grew 29.2%, from $7M to $9M.
Which ESOP plans are similar in size to Florida Mechanical Systems Inc ESOP?
Among ESOP plans in other states, the closest by assets is Pioneer General Contractors, Inc. Employee Stock Ownership Plan in TX ($9M, 25 participants).
Which ESOP plans cover a similar participant headcount to Florida Mechanical Systems Inc ESOP?
Among ESOP plans in other states, the closest by covered participants is Asu Group Employee Stock Ownership Plan in MI (28 participants, $4M in assets).