ESOP · DOL Form 5500 · 2024

Monterey Mechanical Co. ESOP

Data updated 2026-08-25

$30M
Total assets Below avg plan size
53
Participants Small participant base
77th
Percentile by assets National rank
$556,812
Avg per participant High balance/head
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Official DOL plan name: Monterey Mechanical Employee Stock Ownership Plan · Sponsored by Monterey Mechanical Co. · California · Construction

$30M in assets, 53 participants

Monterey Mechanical Co.'s Monterey Mechanical Employee Stock Ownership Plan reported $30M in total assets and 53 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #6,835 in Construction (9,039 peers)

Where Monterey Mechanical Employee Stock Ownership Plan sits by assets

Monterey Mechanical Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $30M for 53 participants (~$556,812/participant), up 53.3% in 2024.

#6,835
in Construction (9,039 peers)
+53.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Monterey Mechanical Employee Stock Ownership Plan's outsized position by total assets

Monterey Mechanical Employee Stock Ownership Plan vs every filed plan by assets

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

$29,511,031 Top 23% higher than 77% 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

Monterey Mechanical 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. Monterey Mechanical Employee Stock Ownership Plan is a small filing (53 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Monterey Mechanical Employee Stock Ownership Plan reported net income rose from $6M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Monterey Mechanical Employee Stock Ownership Plan end-of-year assets rose from $19M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • Monterey Mechanical Employee Stock Ownership Plan reported participants rose from 45 in the plan year 2023 filing to 53 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 942614825 · Monterey Mechanical Co. PY 2024 · ESOP

Monterey Mechanical Employee Stock Ownership Plan · $30M · 53 · 77th

  • EBSA $30M
  • EBSA 53
  • EBSA 77th
  • EBSA ESOP
  • EBSA near Wall Holdings, Inc. & Affiliates Employee Stock Ownership Plan
  • EBSA ind #6835

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 →

Monterey Mechanical Employee Stock Ownership Plan in the asset neighbourhood

Berpl, Inc. Employee Stock Ownership PlanBerpl, Inc. Employee Stock O…$30MCommerce Bank and Trust Holding Company Employee Stock Ownership Plan and TrustCommerce Bank and Trust Hold…$30MMonterey Mechanical Employee Stock Ownership PlanMonterey Mechanical Employee…$30MWall Holdings, Inc. & Affiliates Employee Stock Ownership PlanWall Holdings, Inc. & Affili…$29MFireline, Inc. Employee Stock Ownership PlanFireline, Inc. Employee Stoc…$29M
End-of-year total assets ($M) among Monterey Mechanical Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$26M
Net Income$10M
Employer EIN942614825
Plan Effective Date2006-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Monterey Mechanical Co.)

Sponsor-wide plan assets over time

All Monterey Mechanical Co. plans reported in each filing year

Latest sponsor-wide plan assets
$30M 116.86908421318036% vs 2022
2024 filing year
$10M$15M$20M$25M$30M$35M 202220232024 $13.6M $29.5M ▲ +116.8%
Year Plans Participants Total Assets
2022 1 40 $14M
2023 1 45 $19M
2024 1 53 $30M

Nearby ESOP Plans in California

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

Monterey Mechanical Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Monterey Mechanical Employee Stock Ownership Plan, Total assets ($B): 0.029511031 · Participants: 53Monterey Mechanical 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
Monterey Mechanical Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Monterey Mechanical Employee Stock Ownership Plan side-by-side with 3 peers →

Monterey Mechanical Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Wall Holdings, Inc. & Affiliates Employee Stock Ownership Plan in VA ($29M); by covered participants it is Turn-Key Tunneling, Inc. Employee Stock Ownership Plan in OH (53 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (53 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 Monterey Mechanical Employee Stock Ownership Plan assets move in 2024? ▼
Monterey Mechanical Employee Stock Ownership Plan surged - up 53.3% during 2024, from $19M to $30M. Reported net income was $10M.
How have Monterey Mechanical Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Monterey Mechanical Co.'s sponsor-wide assets grew 116.9%, from $14M to $30M.
Where does Monterey Mechanical Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Monterey Mechanical Employee Stock Ownership Plan ranks in the 77th 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 Monterey Mechanical Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Wall Holdings, Inc. & Affiliates Employee Stock Ownership Plan in VA ($29M, 243 participants).
Which ESOP plans cover a similar participant headcount to Monterey Mechanical Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Turn-Key Tunneling, Inc. Employee Stock Ownership Plan in OH (53 participants, $17M 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 942614825.

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.