Profit Sharing · DOL Form 5500 · 2023

Platinum Security, Inc. Profit Sharing Plan

Data updated 2026-08-25

$581K
Total assets Small plan by assets
447
Participants Below avg headcount
19th
Percentile by assets National rank
$1,299
Avg per participant Low balance/head
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Official DOL plan name: Platinum Security Employee Benefit Plan · Sponsored by Platinum Security, Inc. · California · Agriculture, Forestry & Fishing

$581K in assets, 447 participants

Platinum Security, Inc.'s Platinum Security Employee Benefit Plan reported $581K in total assets and 447 participants in its 2023 DOL Form 5500 filing, ranking in the 19th 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.

  • #216 in Agriculture, Forestry & Fishing (1,288 peers)

What the 2023 filing shows

Platinum Security Employee Benefit Plan holds $581K for 447 participants - about $1,299 per participant, among the smaller plans by assets on file.

#216
in Agriculture, Forestry & Fishing (1,288 peers)
-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.

Platinum Security Employee Benefit Plan among the smaller filed plans by assets

Platinum Security Employee Benefit Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$580,572 19th percentile higher than 19% 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

Platinum Security Employee Benefit Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Platinum Security Employee Benefit Plan sits mid-pack in the medium band (447 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Platinum Security Employee Benefit Plan reported net income rose from -$260K in the plan year 2022 filing to -$32K in the plan year 2023 filing.
  • Platinum Security Employee Benefit Plan reported participants rose from 370 in the plan year 2022 filing to 447 in the plan year 2023 filing.
  • Platinum Security Employee Benefit Plan end-of-year assets fell from $613K in the plan year 2022 filing to $581K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 200860762 · Platinum Security, Inc. PY 2023 · Profit Sharing

Platinum Security Employee Benefit Plan · $581K · 447 · 19th

  • EOY $581K
  • 5500 447
  • ASSETS 19th
  • PCT Profit Sharing
  • EIN near Leroy Package Store, Inc Profit Sharing Plan
  • RANK ind #216

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 Agriculture, Forestry & Fishing retirement plans → · Plans in California →

Platinum Security Employee Benefit Plan in the asset neighbourhood

Platinum Security Employee Benefit PlanPlatinum Security Employee B…$581KLeroy Package Store, Inc Profit Sharing PlanLeroy Package Store, Inc Pro…$581KLst Clips, Inc. Retirement PlanLst Clips, Inc. Retirement P…$581KJ. Lawrence Brown, Esquire Retirement PlanJ. Lawrence Brown, Esquire R…$580KFaulk Electric Corp Profit Sharing Plan & Trust AgreementFaulk Electric Corp Profit S…$580K
End-of-year total assets ($M) among Platinum Security Employee Benefit Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

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

Sponsor Plan History (Platinum Security, Inc.)

Sponsor-wide plan assets over time

All Platinum Security, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$565K 7.78026101141925% vs 2022
2024 filing year
$0.56M$0.58M$0.6M$0.62M 202220232024 $0.61M $0.57M ▼ -6.6%
Year Plans Participants Total Assets
2022 1 370 $613K
2023 1 447 $581K
2024 1 230 $565K

Nearby Profit Sharing Plans in California

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

Platinum Security Employee Benefit Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Platinum Security Employee Benefit Plan, Total assets ($B): 0.000580572 · Participants: 447Platinum Security Employee Benefit PlanIntel Retirement Contribution Plan, Total assets ($B): 7.243052996 · Participants: 21513Intel Retirement Contribution PlanScpmg Keogh Plan, Total assets ($B): 6.822267649 · Participants: 10125Scpmg Keogh PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 5.851994984 · Participants: 71071Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.32726 · Participants: 4728Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.092654738 · Participants: 37110Disney Retirement Savings Plan
Platinum Security Employee Benefit Plan vs. nearby Profit Sharing plans in California, assets vs. participants
Compare Platinum Security Employee Benefit Plan side-by-side with 3 peers →

Platinum Security Employee Benefit Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Leroy Package Store, Inc Profit Sharing Plan in NY ($581K); by covered participants it is Roseland Community Hospital Tax Deferred Annuity Plan in IL (447 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (447 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 Platinum Security Employee Benefit Plan assets move in 2023? ▼
Platinum Security Employee Benefit Plan pulled back noticeably - down 5.3% during 2023, from $613K to $581K. Reported net income was -$32K.
How have Platinum Security, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Platinum Security, Inc.'s sponsor-wide assets declined 7.8%, from $613K to $565K.
Where does Platinum Security Employee Benefit Plan rank by assets among Form 5500 filers? ▼
Platinum Security Employee Benefit Plan ranks in the 19th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Platinum Security Employee Benefit Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Leroy Package Store, Inc Profit Sharing Plan in NY ($581K, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Platinum Security Employee Benefit Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Roseland Community Hospital Tax Deferred Annuity Plan in IL (447 participants, $7M 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 200860762.

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.