ESOP · DOL Form 5500 · 2022

Portland Air Freight, Inc. ESOP

Data updated 2026-08-25

$40M
Total assets Below avg plan size
82
Participants Small participant base
86th
Percentile by assets National rank
$491,134
Avg per participant High balance/head
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Official DOL plan name: Portland Air Freight, Inc. Employee Stock Ownership Plan · Sponsored by Portland Air Freight, Inc. · Maine · Transportation & Warehousing

$40M in assets, 82 participants

Portland Air Freight, Inc.'s Portland Air Freight, Inc. Employee Stock Ownership Plan reported $40M in total assets and 82 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #3,303 in Transportation & Warehousing (3,876 peers)

Where Portland Air Freight, Inc. Employee Stock Ownership Plan sits by assets

Portland Air Freight, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $40M for 82 participants (~$491,134/participant), up 12.6% in 2022.

#3,303
in Transportation & Warehousing (3,876 peers)
+12.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Portland Air Freight, Inc. Employee Stock Ownership Plan's outsized position by total assets

Portland Air Freight, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$40,272,983 Top 14% higher than 86% 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

Portland Air Freight, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Portland Air Freight, Inc. Employee Stock Ownership Plan is a small filing (82 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 010384794 · Portland Air Freight, Inc. PY 2022 · ESOP

Portland Air Freight, Inc. Employee Stock Ownership Plan · $40M · 82 · 86th

  • IND $40M
  • IND 82
  • IND 86th
  • IND ESOP
  • IND near Elite Associates Holding, Inc. Employee Stock Ownership Plan and Trust
  • IND ind #3303

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 Maine →

Portland Air Freight, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Employee Stock Ownership Plan and Trust of Standard Motor Products, Inc.Employee Stock Ownership Pla…$40MPortland Air Freight, Inc. Employee Stock Ownership PlanPortland Air Freight, Inc. E…$40MElite Associates Holding, Inc. Employee Stock Ownership Plan and TrustElite Associates Holding, In…$40MMid America Steel, Inc. Employee Stock Ownership PlanMid America Steel, Inc. Empl…$40MOgden Forklifts, Inc. Employee Stock Ownership PlanOgden Forklifts, Inc. Employ…$40M
End-of-year total assets ($M) among Portland Air Freight, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$37M
Net Income$5M
Employer EIN010384794
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Portland Air Freight, Inc.)

Sponsor-wide plan assets over time

All Portland Air Freight, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$55M 24.445413569291485% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $44M $54.7M ▲ +24.4%
Year Plans Participants Total Assets
2022 2 192 $44M
2023 2 186 $50M
2024 2 181 $55M

Nearby ESOP Plans in Maine

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

Portland Air Freight, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0100200300400 304050607080 Total assets ($M) Participants Portland Air Freight, Inc. Employee Stock Ownership Plan, Total assets ($M): 40.272983 · Participants: 82Portland Air Freight, Inc. Employee Stock Ownership PlanMaine Drilling and Blasting Group Employee Stock Ownership Plan, Total assets ($M): 73.690099 · Participants: 321Maine Drilling and Blasting Group Employee Stock Ownership PlanSc Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 71.344 · Participants: 345Sc Holdings, Inc. Employee Stock Ownership PlanJohnnys Selected Seeds Employee Stock Ownership Plan, Total assets ($M): 57.938208 · Participants: 252Johnnys Selected Seeds Employee Stock Ownership PlanSystems Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 40.17674 · Participants: 169Systems Engineering, Inc. Employee Stock Ownership PlanMainely Tubs Employee Stock Ownership Plan, Total assets ($M): 39.857218 · Participants: 62Mainely Tubs Employee Stock Ownership Plan
Portland Air Freight, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
Compare Portland Air Freight, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Portland Air Freight, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maine, the nearest ESOP by assets is Elite Associates Holding, Inc. Employee Stock Ownership Plan and Trust in CA ($40M); by covered participants it is Cox & Company, Inc. Stock Bonus Plan and Employee Stock Ownership Plan in NY (82 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (82 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 Portland Air Freight, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Portland Air Freight, Inc. Employee Stock Ownership Plan grew at a solid clip - up 12.6% during 2022, from $36M to $40M. Reported net income was $5M.
How have Portland Air Freight, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Portland Air Freight, Inc.'s sponsor-wide assets grew 24.4%, from $44M to $55M.
Where does Portland Air Freight, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Portland Air Freight, Inc. Employee Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Portland Air Freight, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Elite Associates Holding, Inc. Employee Stock Ownership Plan and Trust in CA ($40M, 91 participants).
Which ESOP plans cover a similar participant headcount to Portland Air Freight, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Cox & Company, Inc. Stock Bonus Plan and Employee Stock Ownership Plan in NY (82 participants, N/A in assets).

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 010384794.

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.