401(k) · DOL Form 5500 · 2023

Platinum Equity, LLC 401(k) Plan

Data updated 2026-08-11

$269M
Total assets
420
Participants
96th
Percentile by assets
$640,523
Avg per participant
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Official DOL plan name: Platinum Equity 401(k) Plan · Sponsored by Platinum Equity, LLC · California · Management of Enterprises

$269M in assets, 420 participants

Platinum Equity, LLC's Platinum Equity 401(k) Plan reported $269M in total assets and 420 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #980 in Management of Enterprises (1,137 peers)

Where Platinum Equity 401(k) Plan sits by assets

Platinum Equity 401(k) Plan sits in the top 5% of all filed plans by assets, $269M for 420 participants (~$640,523/participant), up 16.7% in 2023.

$269M
total plan assets (2023 EOY)
420
covered participants
96th
percentile by assets (of 127,072 plans)
$640,523
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Platinum Equity 401(k) Plan reported net income rose from -$65M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • Platinum Equity 401(k) Plan end-of-year assets rose from $231M in the plan year 2022 filing to $269M in the plan year 2023 filing.
  • Platinum Equity 401(k) Plan reported participants rose from 410 in the plan year 2022 filing to 420 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Platinum Equity 401(k) Plan vs the 2023 asset distribution

By assets, Platinum Equity 401(k) Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$231M
Net Assets (End of Year)$269M
Net Income$39M
Employer EIN954666134
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Platinum Equity, LLC)

$200M$250M$300M$350M 202220232024 $231M $313M ▲ +35.8%
Total plan assets by year, all Platinum Equity, LLC plans on file
Year Plans Participants Total Assets
2022 1 410 $231M
2023 1 420 $269M
2024 1 451 $313M

Nearby 401(k) Plans in California

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

Platinum Equity 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Platinum Equity 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Platinum Equity 401(…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Platinum Equity 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Platinum Equity 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Platinum Equity 401(k) Plan assets move in 2023?
Platinum Equity 401(k) Plan grew sharply - up 16.7% during 2023, from $231M to $269M. Reported net income was $39M.
How have Platinum Equity, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Platinum Equity, LLC's sponsor-wide assets grew 35.8%, from $231M to $313M.
Where does Platinum Equity 401(k) Plan rank by assets among Form 5500 filers?
Platinum Equity 401(k) Plan ranks in the 96th 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 Platinum Equity 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Jennie-O Turkey Store Retirement Savings Plan in MN ($269M, 5,176 participants).

Scale reading

Ways to act on Platinum Equity 401(k) Plan's numbers.