ESOP · DOL Form 5500 · 2023

Thermal Engineering of Arizona,Inc. ESOP

Data updated 2026-08-25

$766K
Total assets Small plan by assets
22
Participants Small participant base
21st
Percentile by assets National rank
$34,796
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Thermal Engineering of Arizona, Inc. · Sponsored by Thermal Engineering of Arizona,Inc. · Arizona · Manufacturing

$766K in assets, 22 participants

Thermal Engineering of Arizona,Inc.'s Thermal Engineering of Arizona, Inc. reported $766K in total assets and 22 participants in its 2023 DOL Form 5500 filing, ranking in the 21st 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.

  • #1,699 in Manufacturing (18,722 peers)

Thermal Engineering of Arizona,Inc. multi-year trail

Thermal Engineering of Arizona,Inc.'s plans moved +99.4% in assets from 2022 to 2024; this filing shows Thermal Engineering of Arizona, Inc. at $766K / 22 participants.

#1,699
in Manufacturing (18,722 peers)
+98.1%
assets growth YoY

Thermal Engineering of Arizona, Inc. among the smaller filed plans by assets

Thermal Engineering of Arizona, Inc. vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$765,516 21st percentile higher than 21% of 127,068 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 2023

Thermal Engineering of Arizona, Inc. among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thermal Engineering of Arizona, Inc. is a small filing (22 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thermal Engineering of Arizona, Inc. reported net income rose from $58 in the plan year 2022 filing to $377K in the plan year 2023 filing.
  • Thermal Engineering of Arizona, Inc. end-of-year assets rose from $386K in the plan year 2022 filing to $766K in the plan year 2023 filing.
  • Thermal Engineering of Arizona, Inc. reported participants rose from 20 in the plan year 2022 filing to 22 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 860347060 · Thermal Engineering of Arizona,Inc. PY 2023 · ESOP

Thermal Engineering of Arizona, Inc. · $766K · 22 · 21st

  • IND $766K
  • EOY 22
  • 5500 21st
  • ASSETS ESOP
  • PCT near Emtec Metal Products Employee Stock Ownership Plan
  • EIN ind #1699

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 Arizona →

Thermal Engineering of Arizona, Inc. in the asset neighbourhood

Thermal Engineering of Arizona, Inc.Thermal Engineering of Arizo…$766KEmtec Metal Products Employee Stock Ownership PlanEmtec Metal Products Employe…$768KIntermountain Electric Service Employee Stock Ownership Plan and TrustIntermountain Electric Servi…$769KIrwin Broh & Associates, Inc. Employee Stock Ownership Plan and TrustIrwin Broh & Associates, Inc…$773KCampbell Construction Jc, Inc. Employee Stock Ownership PlanCampbell Construction Jc, In…$773K
End-of-year total assets ($M) among Thermal Engineering of Arizona, Inc. and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Thermal Engineering of Arizona,Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Thermal Engineering of Arizona,Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$771K 99.38700470678953% vs 2022
2024 filing year
$0.2M$0.4M$0.6M$0.8M$1M 202220232024 $0.39M $0.77M ▲ +97.4%
Year Plans Participants Total Assets
2022 1 20 $386K
2023 1 22 $766K
2024 1 23 $771K

Thermal Engineering of Arizona,Inc. filing trail (2023)

Total Assets (Beginning of Year)$386K
Net Assets (End of Year)$764K
Net Income$377K
Employer EIN860347060
Plan Effective Date2002-03-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Arizona

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

Thermal Engineering of Arizona, Inc. vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.5 Total assets ($B) Participants Thermal Engineering of Arizona, Inc., Total assets ($B): 0.000765516 · Participants: 22Thermal Engineering of Arizona, Inc.The Sundt Companies Employee Stock Ownership Plan, Total assets ($B): 1.064355538 · Participants: 2392The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($B): 0.61854692 · Participants: 19740U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.313228026 · Participants: 253Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($B): 0.216174467 · Participants: 1057Pima Medical Institute Employee Stock Ownership PlanWilson Electric Services Corp. Employee Stock Ownership Plan, Total assets ($B): 0.167298665 · Participants: 726Wilson Electric Services Corp. Employee Stock Ownership Plan
Thermal Engineering of Arizona, Inc. vs. nearby ESOP plans in Arizona, assets vs. participants
Compare Thermal Engineering of Arizona, Inc. side-by-side with 3 peers →

Thermal Engineering of Arizona, Inc.'s out-of-state ESOP peers by assets and headcount

Outside Arizona, the nearest ESOP by assets is Emtec Metal Products Employee Stock Ownership Plan in NY ($768K); by covered participants it is Davy Architecture, Inc. Employee Stock Ownership Plan in CA (22 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (22 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Thermal Engineering of Arizona, Inc. assets move in 2023? ▼
Thermal Engineering of Arizona, Inc. surged - up 98.1% during 2023, from $386K to $766K. Reported net income was $377K.
How have Thermal Engineering of Arizona,Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Thermal Engineering of Arizona,Inc.'s sponsor-wide assets grew 99.4%, from $386K to $771K.
Where does Thermal Engineering of Arizona, Inc. rank by assets among Form 5500 filers? ▼
Thermal Engineering of Arizona, Inc. ranks in the 21st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Thermal Engineering of Arizona, Inc.? ▼
Among ESOP plans in other states, the closest by assets is Emtec Metal Products Employee Stock Ownership Plan in NY ($768K, 32 participants).
Which ESOP plans cover a similar participant headcount to Thermal Engineering of Arizona, Inc.? ▼
Among ESOP plans in other states, the closest by covered participants is Davy Architecture, Inc. Employee Stock Ownership Plan in CA (22 participants, N/A in assets).

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 860347060.

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.