401(k)
2022 plan-year 401(k) DOL Form 5500

PS 401(K) PROFIT SHARING PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

PUBLIC STORAGE

This 401(k) plan holds $175M in total assets and serves 5,631 participants as of 2022. It is sponsored by PUBLIC STORAGE in California. The plan reported a net loss of $60M for the year.

Total Assets (2023)
$175M
Participants
5,631
State
Industry
Real Estate

What the Filing Says About PS 401(K) PROFIT SHARING PLAN

PS 401(K) PROFIT SHARING PLAN is a 401(k) retirement plan sponsored by PUBLIC STORAGE, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $175M in total end-of-year assets and covers 5,631 participants across the Real Estate industry. The sponsor's EIN on file with the U.S. Department of Labor is 953551121, and the plan has been effective since 1978-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $235M at the beginning of 2022 to $175M at year-end — a decline of 25.4%. Net assets (after liabilities) closed the year at $175M, with reported net income of $-59,558,904 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$235M
Total Assets (End of Year)$175M
Net Assets (End of Year)$175M
Net Income$-59,558,904
Plan Type401(k)
Employer EIN953551121
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PUBLIC STORAGE)

Year Plans Participants Total Assets
2022 1 5,631 $175M
2023 1 5,509 $202M
2024 1 5,975 $222M

Nearby 401(k) Plans in California

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

Frequently Asked Questions

How much money is in the PS 401(K) PROFIT SHARING PLAN?
As of the 2022 Form 5500 filing, PS 401(K) PROFIT SHARING PLAN holds $175M in total assets with 5,631 participants. It is sponsored by PUBLIC STORAGE.
What type of plan is PS 401(K) PROFIT SHARING PLAN?
PS 401(K) PROFIT SHARING PLAN is a 401(k) plan. It has been effective since 1978-01-01. The plan is filed with the U.S. Department of Labor under EIN 953551121.
Who sponsors the PS 401(K) PROFIT SHARING PLAN?
PS 401(K) PROFIT SHARING PLAN is sponsored by PUBLIC STORAGE, located in California. The sponsor's EIN is 953551121 and the plan operates in the Real Estate industry.
How did PS 401(K) PROFIT SHARING PLAN perform in 2022?
PS 401(K) PROFIT SHARING PLAN declined by 25.4% during 2022, moving from $235M to $175M in total assets. Net income was $-59,558,904.
Where can I find official filings for PS 401(K) PROFIT SHARING PLAN?
Official Form 5500 filings for PS 401(K) PROFIT SHARING PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 953551121 or plan name at efast.dol.gov.
How does PS 401(K) PROFIT SHARING PLAN compare to other plans?
You can compare PS 401(K) PROFIT SHARING PLAN against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 953551121.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.