ESOP · DOL Form 5500 · 2024

True Air Mechanical, Inc. ESOP

Data updated 2026-08-25

$32M
Total assets Below avg plan size
209
Participants Below avg headcount
78th
Percentile by assets National rank
$154,234
Avg per participant Above avg balance/head
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Official DOL plan name: True Air Mechanical, Inc. Employee Stock Ownership Plan · Sponsored by True Air Mechanical, Inc. · California · Construction

$32M in assets, 209 participants

True Air Mechanical, Inc.'s True Air Mechanical, Inc. Employee Stock Ownership Plan reported $32M in total assets and 209 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #6,952 in Construction (9,039 peers)

Coverage in California

True Air Mechanical, Inc. Employee Stock Ownership Plan covers 209 participants in California, about 33% of the average California filer (state average ~630 per filing). Assets: $32M.

#6,952
in Construction (9,039 peers)
+37.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

True Air Mechanical, Inc. Employee Stock Ownership Plan's outsized position by total assets

True Air Mechanical, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$32,234,944 Top 22% higher than 78% 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

True Air Mechanical, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. True Air Mechanical, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (209 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • True Air Mechanical, Inc. Employee Stock Ownership Plan end-of-year assets rose from $23M in the plan year 2023 filing to $32M in the plan year 2024 filing.
  • True Air Mechanical, Inc. Employee Stock Ownership Plan reported net income fell from $16M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • True Air Mechanical, Inc. Employee Stock Ownership Plan reported participants rose from 195 in the plan year 2023 filing to 209 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 273944870 · True Air Mechanical, Inc. PY 2024 · ESOP

True Air Mechanical, Inc. Employee Stock Ownership Plan · $32M · 209 · 78th

  • PHOTO $32M
  • PHOTO 209
  • PHOTO 78th
  • PHOTO ESOP
  • PHOTO near Larson Design Group Employee Stock Ownership Plan
  • PHOTO ind #6952

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 California →

True Air Mechanical, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Data Systems Analysts, Inc. Employee Stock Ownership PlanData Systems Analysts, Inc. …$32MA-V Services, Inc. Employee Stock Ownership PlanA-V Services, Inc. Employee …$32MLarson Design Group Employee Stock Ownership PlanLarson Design Group Employee…$32MTrue Air Mechanical, Inc. Employee Stock Ownership PlanTrue Air Mechanical, Inc. Em…$32MNorcross Supply Co Employee Stock Ownership PlanNorcross Supply Co Employee …$32M
End-of-year total assets ($M) among True Air Mechanical, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$3M
Net Income$12M
Employer EIN273944870
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (True Air Mechanical, Inc.)

Sponsor-wide plan assets over time

All True Air Mechanical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$36M 160.02022605686724% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $13.8M $35.9M ▲ +160.1%
Year Plans Participants Total Assets
2022 2 518 $14M
2023 2 435 $27M
2024 2 472 $36M

Nearby ESOP Plans in California

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

True Air Mechanical, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants True Air Mechanical, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.032234944 · Participants: 209True Air Mechanical, Inc. Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
True Air Mechanical, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare True Air Mechanical, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Larson Design Group Employee Stock Ownership Plan in PA ($32M); by covered participants it is Bingaman & Son Lumber, Inc. Employee Stock Ownership Plan in PA (209 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (209 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 True Air Mechanical, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
True Air Mechanical, Inc. Employee Stock Ownership Plan surged - up 37.2% during 2024, from $23M to $32M. Reported net income was $12M.
How have True Air Mechanical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), True Air Mechanical, Inc.'s sponsor-wide assets grew 160.0%, from $14M to $36M.
Where does True Air Mechanical, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
True Air Mechanical, Inc. Employee Stock Ownership Plan ranks in the 78th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to True Air Mechanical, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Larson Design Group Employee Stock Ownership Plan in PA ($32M, 375 participants).
Which ESOP plans cover a similar participant headcount to True Air Mechanical, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Bingaman & Son Lumber, Inc. Employee Stock Ownership Plan in PA (209 participants, $6M 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 273944870.

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.