ESOP · DOL Form 5500 · 2024

Advance Mechanical Systems Inc ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
28
Participants Small participant base
38th
Percentile by assets National rank
$139,780
Avg per participant Near avg balance/head
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Official DOL plan name: Advance Mechanical Systems, Inc. Employee Stock Ownership Plan · Sponsored by Advance Mechanical Systems Inc · Illinois · Construction

$4M in assets, 28 participants

Advance Mechanical Systems Inc's Advance Mechanical Systems, Inc. Employee Stock Ownership Plan reported $4M in total assets and 28 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.

  • #3,315 in Construction (9,039 peers)

2024 asset change

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan grew at a solid clip 9.2% in 2024 ($4M → $4M) for 28 participants.

#3,315
in Construction (9,039 peers)
+9.2%
assets growth YoY

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$3,913,826 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

Advance Mechanical Systems, Inc. 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. Advance Mechanical Systems, Inc. Employee Stock Ownership Plan is a small filing (28 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Advance Mechanical Systems, Inc. Employee Stock Ownership Plan reported net income rose from -$624K in the plan year 2023 filing to $329K in the plan year 2024 filing.
  • Advance Mechanical Systems, Inc. Employee Stock Ownership Plan end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Advance Mechanical Systems, Inc. Employee Stock Ownership Plan reported participants fell from 30 in the plan year 2023 filing to 28 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 360707980 · Advance Mechanical Systems Inc PY 2024 · ESOP

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan · $4M · 28 · 38th

  • EBSA $4M
  • PART 28
  • TYPE 38th
  • NET ESOP
  • BOOK near Pappageorge Haymes Ltd. Employee Stock Ownership Plan
  • VS-ST ind #3315

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 Illinois →

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Super Salvage, Inc. Employee Stock Ownership PlanSuper Salvage, Inc. Employee…$4MAdvance Mechanical Systems, Inc. Employee Stock Ownership PlanAdvance Mechanical Systems, …$4MPappageorge Haymes Ltd. Employee Stock Ownership PlanPappageorge Haymes Ltd. Empl…$4MGis Surveyors, Inc. Employee Stock Ownership PlanGis Surveyors, Inc. Employee…$4MKennesaw Transportation, Inc. Employee Stock Ownership PlanKennesaw Transportation, Inc…$4M
End-of-year total assets ($M) among Advance Mechanical Systems, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Advance Mechanical Systems Inc years around the 2024 move

Sponsor-wide plan assets over time

All Advance Mechanical Systems Inc plans reported in each filing year

Latest sponsor-wide plan assets
$4M 7.03044068912652% vs 2022
2024 filing year
$3.4M$3.6M$3.8M$4M$4.2M$4.4M 202220232024 $4.21M $3.91M ▼ -7.1%
Year Plans Participants Total Assets
2022 1 36 $4M
2023 1 30 $4M
2024 1 28 $4M

2024 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$329K
Employer EIN360707980
Plan Effective Date1988-03-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Illinois

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

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000500010000 -101234 Total assets ($B) Participants Advance Mechanical Systems, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.003913826 · Participants: 28Advance Mechanical Systems, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.699095694 · Participants: 4909Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.165348047 · Participants: 4815Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.429776889 · Participants: 491Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 1.0622005 · Participants: 9258Bdo USA Employee Stock Ownership PlanShorr Paper Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.430213996 · Participants: 543Shorr Paper Products, Inc. Employee Stock Ownership Plan
Advance Mechanical Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Advance Mechanical Systems, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Advance Mechanical Systems, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Pappageorge Haymes Ltd. Employee Stock Ownership Plan in ($4M); by covered participants it is Asu Group Employee Stock Ownership Plan in MI (28 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (28 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 Advance Mechanical Systems, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Advance Mechanical Systems, Inc. Employee Stock Ownership Plan grew at a solid clip - up 9.2% during 2024, from $4M to $4M. Reported net income was $329K.
How have Advance Mechanical Systems Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Advance Mechanical Systems Inc's sponsor-wide assets declined 7.0%, from $4M to $4M.
Which ESOP plans are similar in size to Advance Mechanical Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Pappageorge Haymes Ltd. Employee Stock Ownership Plan in ($4M, 39 participants).
Which ESOP plans cover a similar participant headcount to Advance Mechanical Systems, Inc. Employee Stock Ownership Plan? ▼
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).

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 360707980.

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.