401(k) · DOL Form 5500 · 2022
Public Storage 401(k) Plan
Data updated 2026-08-11
- $175M
- Total assets
- 5,631
- Participants
- 95th
- Percentile by assets
- $31,129
- Avg per participant
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.
- 95th percentile by assets (of 139,126 plans)
- #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.
- $175M
- total plan assets (2022 EOY)
- 5,631
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $31,129
- avg assets per participant
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.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Ps 401(k) Profit Sharing Plan reports 5,631 participants - 8.9x that state average ($175M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $235M |
|---|---|
| Net Assets (End of Year) | $175M |
| Net Income | -$60M |
| Employer EIN | 953551121 |
| Plan Effective Date | 1978-01-01 |
| Filing Status | FILING 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.
Ps 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
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 (401(k), $222M, 5,975 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Ps 401(k) Profit Sharing Plan by total assets, not by location.
- Repsol Services Company 401(k) Plan (TX) $175M · 528
- Evolent Health 401(k) Plan (VA) $175M · 2,339
- Reuters Guild 401(k) Pension Plan (NY) $175M · 378
- Dxp Enterprises, Inc. 401(k) Retirement Plan (TX) $175M · 2,225
Frequently Asked Questions
How did Ps 401(k) Profit Sharing Plan assets move in 2022? ▼
How have Public Storage plan assets changed over time? ▼
Where does Ps 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Ps 401(k) Profit Sharing Plan? ▼
Next read for Ps 401(k) Profit Sharing Plan
Filing takeaways
Ways to act on Ps 401(k) Profit Sharing Plan's numbers.
- By total assets, Ps 401(k) Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Public Storage's sponsor-wide assets have grown 26.6% since 2022 across 3 plan years on file. More Real Estate plans