ESOP · DOL Form 5500 · 2022

Portland Air Freight, Inc. ESOP

Data updated 2026-08-11

$40M
Total assets
82
Participants
86th
Percentile by assets
$491,134
Avg per participant
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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.

  • 86th percentile by assets (of 139,126 plans)
  • #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.

$40M
total plan assets (2022 EOY)
82
covered participants
86th
percentile by assets (of 139,126 plans)
$491,134
avg assets per participant

Portland Air Freight, Inc. Employee Stock Ownership Plan vs the 2022 asset distribution

By assets, Portland Air Freight, Inc. Employee Stock Ownership Plan outranks 86% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

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.)

$40M$45M$50M$55M$60M 202220232024 $44M $54.7M ▲ +24.4%
Total plan assets by year, all Portland Air Freight, Inc. plans on file
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

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…Maine Drilling and B…Sc Holdings, Inc. Em…Johnnys Selected See…Systems Engineering,…Mainely Tubs Employe…
Portland Air Freight, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Portland Air Freight, Inc. Employee Stock Ownership Plan by total assets, not by location.

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).

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