ESOP · DOL Form 5500 · 2023

Lbf Enterprises ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
86
Participants Small participant base
64th
Percentile by assets National rank
$152,198
Avg per participant Above avg balance/head
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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.

  • #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.

#3,647
in Wholesale Trade (6,309 peers)
-23.5%
assets change YoY

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.

Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Wholesale Trade and all filers

Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$13,089,056 Top 36% higher than 64% 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

Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan is a small filing (86 participants) on this national headcount ladder.

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 942711928 · Lbf Enterprises PY 2023 · ESOP

Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan · $13M · 86 · 64th

  • BOY $13M
  • BOY 86
  • BOY 64th
  • BOY ESOP
  • BOY near Techsmith Corporation Employee Stock Ownership Plan
  • BOY ind #3647

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 What is an ESOP? → · Plans in California →

Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Scherer Bros. Lumber Co. Employee Stock Ownership PlanScherer Bros. Lumber Co. Emp…$13MLbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership PlanLbf Enterprises, Dba Powerma…$13MTechsmith Corporation Employee Stock Ownership PlanTechsmith Corporation Employ…$13MQuantronix, Inc. Employee Stock Ownership PlanQuantronix, Inc. Employee St…$13MRdw Holdings Corp. Employee Stock Ownership PlanRdw Holdings Corp. Employee …$13M
End-of-year total assets ($M) among Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Lbf Enterprises years around the 2023 move

Sponsor-wide plan assets over time

All Lbf Enterprises plans reported in each filing year

Latest sponsor-wide plan assets
$16M 9.062593288970689% vs 2022
2024 filing year
$12M$14M$16M$18M 202220232024 $17.1M $15.6M ▼ -9.1%
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 EIN942711928
Plan Effective Date2004-01-01
Filing StatusFILING 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 Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.013089056 · Participants: 86Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 3.757068542 · Participants: 7871Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.444524335 · Participants: 1397Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.125537204 · Participants: 1700Rosendin Electric, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533004512 · Participants: 72Agron, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.497089527 · Participants: 3656Recology Employee Stock Ownership Plan
Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Techsmith Corporation Employee Stock Ownership Plan in MI ($13M); by covered participants it is Devita & Associates, Inc. Employee Stock Ownership Plan in SC (86 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (86 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 Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan declined sharply - down 23.5% during 2023, from $17M to $13M. Reported net income was -$4M.
How have Lbf Enterprises plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lbf Enterprises's sponsor-wide assets declined 9.1%, from $17M to $16M.
Which ESOP plans are similar in size to Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Techsmith Corporation Employee Stock Ownership Plan in MI ($13M, 301 participants).
Which ESOP plans cover a similar participant headcount to Lbf Enterprises, Dba Powermatic Associates, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Devita & Associates, Inc. Employee Stock Ownership Plan in SC (86 participants, $2M 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 942711928.

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.