Other
2024 plan-year Other DOL Form 5500

Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Climate Design Air Conditioning, Inc. ยท Florida ยท Construction

What the 2023 filing shows

Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan holds $5M for 34 participants - about $139,460 per participant, down 52.1% over the 2024 plan year.

$5M
total plan assets (2024 EOY)
34
covered participants
$139,460
avg assets per participant
-52.1%
assets change YoY

The plan reported a net loss of $5M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$5M
Participants
34
State
Industry
Construction

What the Filing Says About Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan

Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan is a Other retirement plan sponsored by Climate Design Air Conditioning, Inc., headquartered in Florida. As of the 2024 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 34 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 591453509, and the plan has been effective since 2005-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2024 to $5M at year-end โ€” a decline of 52.1%. Net assets (after liabilities) closed the year at $5M, with reported net income of $-4,762,014 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$10M
Total Assets (End of Year)$5M
Net Assets (End of Year)$5M
Net Income$-4,762,014
Plan TypeOther
Employer EIN591453509
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Climate Design Air Conditioning, Inc.)

Year Plans Participants Total Assets
2022 1 36 $9M
2023 1 32 $10M
2024 1 34 $5M

Nearby Other Plans in Florida

Peer Other plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan?
As of the 2024 Form 5500 filing, Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan holds $5M in total assets with 34 participants. It is sponsored by Climate Design Air Conditioning, Inc..
What type of plan is Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan?
Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan is a Other plan. It has been effective since 2005-01-01. The plan is filed with the U.S. Department of Labor under EIN 591453509.
Who sponsors the Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan?
Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan is sponsored by Climate Design Air Conditioning, Inc., located in Florida. The sponsor's EIN is 591453509 and the plan operates in the Construction industry.
How did Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan perform in 2024?
Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan declined by 52.1% during 2024, moving from $10M to $5M in total assets. Net income was $-4,762,014.
Where can I find official filings for Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan?
Official Form 5500 filings for Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 591453509 or plan name at efast.dol.gov.
How does Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan compare to other plans?
You can compare Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 591453509.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.