ESOP · DOL Form 5500 · 2024

Thermal Engineering of Arizona,Inc. ESOP

Data updated 2026-08-25

$771K
Total assets Small plan by assets
23
Participants Small participant base
21st
Percentile by assets National rank
$33,502
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

$771K in assets, 23 participants

Thermal Engineering of Arizona,Inc.'s Thermal Engineering of Arizona, Inc. reported $771K in total assets and 23 participants in its 2024 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.

  • #1,507 in Manufacturing (17,777 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 $771K / 23 participants.

#1,507
in Manufacturing (17,777 peers)
+0.7%
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 2024 · DOL Form 5500

$770,557 21st percentile higher than 21% 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

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thermal Engineering of Arizona, Inc. is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thermal Engineering of Arizona, Inc. reported net income fell from $377K in the plan year 2023 filing to $2K in the plan year 2024 filing.
  • Thermal Engineering of Arizona, Inc. reported participants rose from 22 in the plan year 2023 filing to 23 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 860347060 · Thermal Engineering of Arizona,Inc. PY 2024 · ESOP

Thermal Engineering of Arizona, Inc. · $771K · 23 · 21st

  • 5500 $771K
  • 5500 23
  • 5500 21st
  • 5500 ESOP
  • 5500 near Santini Employee Stock Ownership Plan
  • 5500 ind #1507

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

Markle Manufacturing Company of San Antonio, Inc. Employee Stock Ownership PlanMarkle Manufacturing Company…$776KThermal Engineering of Arizona, Inc.Thermal Engineering of Arizo…$771KSantini Employee Stock Ownership PlanSantini Employee Stock Owner…$771KAmerican Bank Employee Stock Ownership PlanAmerican Bank Employee Stock…$768KQuantumdigital, Inc. Employee Stock Ownership PlanQuantumdigital, Inc. Employe…$764K
End-of-year total assets ($M) among Thermal Engineering of Arizona, Inc. and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$766K
Net Assets (End of Year)$766K
Net Income$2K
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 -0.500.511.52 Total assets ($B) Participants Thermal Engineering of Arizona, Inc., Total assets ($B): 0.000770557 · Participants: 23Thermal Engineering of Arizona, Inc.The Sundt Companies Employee Stock Ownership Plan, Total assets ($B): 1.454509943 · Participants: 3220The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($B): 0.561105831 · Participants: 21253U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.414837473 · Participants: 263Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanWilson Electric Services Corp. Employee Stock Ownership Plan, Total assets ($B): 0.26183793 · Participants: 757Wilson Electric Services Corp. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($B): 0.225590305 · Participants: 1089Pima Medical Institute 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 Santini Employee Stock Ownership Plan in CA ($771K); by covered participants it is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 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 Thermal Engineering of Arizona, Inc. assets move in 2024? ▼
Thermal Engineering of Arizona, Inc. held essentially flat - up 0.7% during 2024, from $766K to $771K. Reported net income was $2K.
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 123,622 plans that reported assets for plan year 2024 (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 Santini Employee Stock Ownership Plan in CA ($771K, 164 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 Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (23 participants, $11M 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 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.