401(k) · DOL Form 5500 · 2022

Public Storage 401(k) Plan

Data updated 2026-08-25

$175M
Total assets Near avg plan size
5,631
Participants Above avg headcount
95th
Percentile by assets National rank
$31,129
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ps 401(k) Profit Sharing Plan · Sponsored by Public Storage · California · Real Estate

$175M in assets, 5,631 participants

Public Storage's Ps 401(k) Profit Sharing Plan reported $175M in total assets and 5,631 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #5,003 in Real Estate (5,057 peers)

Coverage in California

Ps 401(k) Profit Sharing Plan covers 5,631 participants in California, 8.9x the typical California plan (state average ~630 per filing). Assets: $175M.

#5,003
in Real Estate (5,057 peers)
-25.4%
assets change YoY
1.8×
vs typical plan assets (national mean)

The plan reported a net loss of $60M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ps 401(k) Profit Sharing Plan's outsized position by total assets

Ps 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$175,287,872 Top 5% higher than 95% of 139,123 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 2022

Ps 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ps 401(k) Profit Sharing Plan lands in the large band (5,631 participants).

DOL schedule card

Filing strip 953551121 · Public Storage PY 2022 · 401(k)

Ps 401(k) Profit Sharing Plan · $175M · 5,631 · 95th

  • NET $175M
  • BOOK 5,631
  • VS-ST 95th
  • BOY 401(k)
  • SCH near Repsol Services Company 401(k) Plan
  • EBSA ind #5003

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 Real Estate retirement plans → · Plans in California →

Ps 401(k) Profit Sharing Plan in the asset neighbourhood

Dxp Enterprises, Inc. 401(k) Retirement PlanDxp Enterprises, Inc. 401(k)…$175MRepsol Services Company 401(k) PlanRepsol Services Company 401(…$175MPs 401(k) Profit Sharing Plan$175MEvolent Health 401(k) Plan$175MReuters Guild 401(k) Pension PlanReuters Guild 401(k) Pension…$175M
End-of-year total assets ($M) among Ps 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$235M
Net Assets (End of Year)$175M
Net Income-$60M
Employer EIN953551121
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Public Storage)

Sponsor-wide plan assets over time

All Public Storage plans reported in each filing year

Latest sponsor-wide plan assets
$222M 26.615729581108727% vs 2022
2024 filing year
$160M$180M$200M$220M$240M 202220232024 $175M $222M ▲ +26.6%
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.

Ps 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Ps 401(k) Profit Sharing Plan, Total assets ($B): 0.175287872 · Participants: 5631Ps 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Ps 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Ps 401(k) Profit Sharing Plan

Ps 401(k) Profit Sharing Plan reports $175M in end-of-year assets across 5,631 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $31,129 per participant (23% of the national average assets-per-participant) . Net income for plan year 2022 was -$60M.

This plan identity (EIN 953551121, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $175M to $222M (+26.6%) while covered participants moved from 5,631 to 5,975 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,631 $175M This page
2023 5,509 $202M Open filing
2024 · index core 5,975 $222M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Ps 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Repsol Services Company 401(k) Plan in TX ($175M); by covered participants it is Akron General Health System 401(k) Plan in OH (5,632 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($175M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,631 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ps 401(k) Profit Sharing Plan assets move in 2022? ▼
Ps 401(k) Profit Sharing Plan declined sharply - down 25.4% during 2022, from $235M to $175M. Reported net income was -$60M.
How have Public Storage plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Public Storage's sponsor-wide assets grew 26.6%, from $175M to $222M.
Where does Ps 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Ps 401(k) Profit Sharing Plan ranks in the 95th 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 Ps 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Repsol Services Company 401(k) Plan in TX ($175M, 528 participants).
Which 401(k) plans cover a similar participant headcount to Ps 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Akron General Health System 401(k) Plan in OH (5,632 participants, $341M in assets).