401(k) · DOL Form 5500 · 2022

Platinum Equity, LLC 401(k) Plan

Data updated 2026-08-11

$231M
Total assets
410
Participants
96th
Percentile by assets
$562,242
Avg per participant
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Official DOL plan name: Platinum Equity 401(k) Plan · Sponsored by Platinum Equity, LLC · California · Management of Enterprises

$231M in assets, 410 participants

Platinum Equity, LLC's Platinum Equity 401(k) Plan reported $231M in total assets and 410 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #1,033 in Management of Enterprises (1,193 peers)

Where Platinum Equity 401(k) Plan sits by assets

Platinum Equity 401(k) Plan sits in the top 5% of all filed plans by assets, $231M for 410 participants (~$562,242/participant), down 22.1% in 2022.

$231M
total plan assets (2022 EOY)
410
covered participants
96th
percentile by assets (of 139,126 plans)
$562,242
avg assets per participant

The plan reported a net loss of $65M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Platinum Equity 401(k) Plan vs the 2022 asset distribution

By assets, Platinum Equity 401(k) Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$296M
Net Assets (End of Year)$231M
Net Income-$65M
Employer EIN954666134
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Platinum Equity, LLC)

$200M$250M$300M$350M 202220232024 $231M $313M ▲ +35.8%
Total plan assets by year, all Platinum Equity, LLC plans on file
Year Plans Participants Total Assets
2022 1 410 $231M
2023 1 420 $269M
2024 1 451 $313M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Platinum Equity 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Platinum Equity 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Platinum Equity 401(…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Platinum Equity 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Platinum Equity 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Platinum Equity 401(k) Plan assets move in 2022?
Platinum Equity 401(k) Plan declined sharply - down 22.1% during 2022, from $296M to $231M. Reported net income was -$65M.
How have Platinum Equity, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Platinum Equity, LLC's sponsor-wide assets grew 35.8%, from $231M to $313M.
Where does Platinum Equity 401(k) Plan rank by assets among Form 5500 filers?
Platinum Equity 401(k) Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Platinum Equity 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ruan Employees' 401(k) Savings Plan in IA ($231M, 5,230 participants).

Scale reading

Ways to act on Platinum Equity 401(k) Plan's numbers.