ESOP · DOL Form 5500 · 2023
Lbf Enterprises ESOP
Data updated 2026-08-11
- $13M
- Total assets
- 86
- Participants
- 64th
- Percentile by assets
- $152,198
- Avg per participant
Official DOL plan name: Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan · Sponsored by Lbf Enterprises · California · Wholesale Trade
$13M in assets, 86 participants
Lbf Enterprises's Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan reported $13M in total assets and 86 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.
- 64th percentile by assets (of 127,072 plans)
- #3,647 in Wholesale Trade (6,309 peers)
2023 asset change
Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan declined sharply 23.5% in 2023 ($17M → $13M) for 86 participants.
- $13M
- total plan assets (2023 EOY)
- 86
- covered participants
- 64th
- percentile by assets (of 127,072 plans)
- $152,198
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan reported net income fell from $3M in the plan year 2022 filing to -$4M in the plan year 2023 filing.
- Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan end-of-year assets fell from $17M in the plan year 2022 filing to $13M in the plan year 2023 filing.
- Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan reported participants fell from 94 in the plan year 2022 filing to 86 in the plan year 2023 filing.
2023 asset move for Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan
Year over year, total assets declined sharply from $17M at the start of 2023 to $13M at year-end (down 23.5%). Net assets closed at $13M; reported net income -$4M.
Lbf Enterprises years around the 2023 move
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 94 | $17M |
| 2023 | 1 | 86 | $13M |
| 2024 | 1 | 87 | $16M |
2023 asset-move particulars
| Total Assets (Beginning of Year) | $17M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | -$4M |
| Employer EIN | 942711928 |
| Plan Effective Date | 2004-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in California
Peer ESOP plans, same state, same plan type, ranked by total assets.
Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
- Parsons Employee Stock Ownership Plan $3.8B · 7,871
- Acco Employee Stock Ownership Plan $1.4B · 1,397
- Rosendin Electric, Inc. Employee Stock Ownership Plan $1.1B · 1,700
- Agron, Inc. Employee Stock Ownership Plan $533M · 72
- Recology Employee Stock Ownership Plan $497M · 3,656
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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2023 change
Ways to act on Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in California. Compare plans
- Lbf Enterprises's sponsor-wide assets have declined 9.1% since 2022 across 3 plan years on file. More Wholesale Trade plans