401(k) · DOL Form 5500 · 2023

Public Storage 401(k) Plan

Data updated 2026-08-25

$202M
Total assets Near avg plan size
5,509
Participants Above avg headcount
95th
Percentile by assets National rank
$36,647
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

$202M in assets, 5,509 participants

Public Storage's Ps 401(k) Profit Sharing Plan reported $202M in total assets and 5,509 participants in its 2023 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.

  • #4,673 in Real Estate (4,727 peers)

Coverage in California

Ps 401(k) Profit Sharing Plan covers 5,509 participants in California, 8.7x the typical California plan (state average ~630 per filing). Assets: $202M.

#4,673
in Real Estate (4,727 peers)
+15.2%
assets growth YoY
2.0×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$201,890,611 Top 5% higher than 95% of 127,068 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 2023

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

Plan-year 2023 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 (5,509 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ps 401(k) Profit Sharing Plan reported net income rose from -$60M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Ps 401(k) Profit Sharing Plan end-of-year assets rose from $175M in the plan year 2022 filing to $202M in the plan year 2023 filing.
  • Ps 401(k) Profit Sharing Plan reported participants fell from 5,631 in the plan year 2022 filing to 5,509 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 953551121 · Public Storage PY 2023 · 401(k)

Ps 401(k) Profit Sharing Plan · $202M · 5,509 · 95th

  • IND $202M
  • EOY 5,509
  • 5500 95th
  • ASSETS 401(k)
  • PCT near Kuka Retirement Savings Plan
  • EIN ind #4673

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

Wolverine World Wide, Inc. 401(k) Retirement Savings Plan IWolverine World Wide, Inc. 4…$202MDallasnews Corporation Savings PlanDallasnews Corporation Savin…$202MPs 401(k) Profit Sharing Plan$202MKuka Retirement Savings Plan$202MKrones, Inc. 401(k) Savings PlanKrones, Inc. 401(k) Savings …$202M
End-of-year total assets ($M) among Ps 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$175M
Net Assets (End of Year)$202M
Net Income$27M
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): 0.201890611 · Participants: 5509Ps 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Ps 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Ps 401(k) Profit Sharing Plan side-by-side with 3 peers →

Scale composition for Ps 401(k) Profit Sharing Plan

Ps 401(k) Profit Sharing Plan reports $202M in end-of-year assets across 5,509 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $36,647 per participant (27% of the national average assets-per-participant) . Net income for plan year 2023 was $27M.

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 Open filing
2023 5,509 $202M This page
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 Kuka Retirement Savings Plan in MI ($202M); by covered participants it is Butterball, LLC Salary & Hourly 401(k) Plan in NC (5,509 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($202M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,509 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Ps 401(k) Profit Sharing Plan grew sharply - up 15.2% during 2023, from $175M to $202M. Reported net income was $27M.
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 127,072 plans that reported assets for plan year 2023 (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 Kuka Retirement Savings Plan in MI ($202M, 1,395 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 Butterball, LLC Salary & Hourly 401(k) Plan in NC (5,509 participants, $140M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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

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.