401(k)
2023 plan-year 401(k) DOL Form 5500

Platinum Security Employee Benefit Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Platinum Security, Inc. · California · Agriculture, Forestry & Fishing

What the 2023 filing shows

Platinum Security Employee Benefit Plan holds $581K for 447 participants — about $1,299 per participant, down 5.3% over the 2023 plan year.

$581K
total plan assets (2023 EOY)
447
covered participants
$1,299
avg assets per participant
-5.3%
assets change YoY

The plan reported a net loss of $32K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$581K
Participants
447
State
Industry
Agriculture, Forestry & Fishing

What the Filing Says About Platinum Security Employee Benefit Plan

Platinum Security Employee Benefit Plan is a 401(k) retirement plan sponsored by Platinum Security, Inc., headquartered in California. As of the 2023 Form 5500 filing, the plan reports $581K in total end-of-year assets and covers 447 participants across the Agriculture, Forestry & Fishing industry. The sponsor's EIN on file with the U.S. Department of Labor is 200860762, and the plan has been effective since 2019-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $613K at the beginning of 2023 to $581K at year-end — a decline of 5.3%. Net assets (after liabilities) closed the year at $581K, with reported net income of $-32,428 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$613K
Total Assets (End of Year)$581K
Net Assets (End of Year)$581K
Net Income$-32,428
Plan Type401(k)
Employer EIN200860762
Plan Effective Date2019-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Platinum Security, Inc.)

Year Plans Participants Total Assets
2022 1 370 $613K
2023 1 447 $581K
2024 1 230 $565K

Nearby 401(k) Plans in California

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Platinum Security Employee Benefit Plan?
As of the 2023 Form 5500 filing, Platinum Security Employee Benefit Plan holds $581K in total assets with 447 participants. It is sponsored by Platinum Security, Inc..
What type of plan is Platinum Security Employee Benefit Plan?
Platinum Security Employee Benefit Plan is a 401(k) plan. It has been effective since 2019-07-01. The plan is filed with the U.S. Department of Labor under EIN 200860762.
Who sponsors the Platinum Security Employee Benefit Plan?
Platinum Security Employee Benefit Plan is sponsored by Platinum Security, Inc., located in California. The sponsor's EIN is 200860762 and the plan operates in the Agriculture, Forestry & Fishing industry.
How did Platinum Security Employee Benefit Plan perform in 2023?
Platinum Security Employee Benefit Plan declined by 5.3% during 2023, moving from $613K to $581K in total assets. Net income was $-32,428.
Where can I find official filings for Platinum Security Employee Benefit Plan?
Official Form 5500 filings for Platinum Security Employee Benefit Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 200860762 or plan name at efast.dol.gov.
How does Platinum Security Employee Benefit Plan compare to other plans?
You can compare Platinum Security Employee Benefit Plan against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 200860762.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.