ESOP · DOL Form 5500 · 2023

Pacific States Petroleum ESOP

Data updated 2026-08-11

$16M
Total assets
145
Participants
69th
Percentile by assets
$112,000
Avg per participant
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Official DOL plan name: Pacific States Petroleum Employee Stock Ownership Plan · Sponsored by Pacific States Petroleum · California · Wholesale Trade

$16M in assets, 145 participants

Pacific States Petroleum's Pacific States Petroleum Employee Stock Ownership Plan reported $16M in total assets and 145 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • 69th percentile by assets (of 127,072 plans)
  • #4,035 in Wholesale Trade (6,309 peers)

Coverage in California

Pacific States Petroleum Employee Stock Ownership Plan covers 145 participants in California, about 23% of the average California filer (state average ~630 per filing). Assets: $16M.

$16M
total plan assets (2023 EOY)
145
covered participants
69th
percentile by assets (of 127,072 plans)
$112,000
avg assets per participant

The plan reported a net loss of $388K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Pacific States Petroleum Employee Stock Ownership Plan sits by total assets

Pacific States Petroleum Employee Stock Ownership Plan vs every filed plan by assets

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

$16,240,000 Top 31% higher than 69% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pacific States Petroleum Employee Stock Ownership Plan reported net income fell from $8M in the plan year 2022 filing to -$388K in the plan year 2023 filing.
  • Pacific States Petroleum Employee Stock Ownership Plan reported participants rose from 115 in the plan year 2022 filing to 145 in the plan year 2023 filing.
  • Pacific States Petroleum Employee Stock Ownership Plan end-of-year assets fell from $18M in the plan year 2022 filing to $16M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
California
Industry
Wholesale Trade

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Pacific States Petroleum Employee Stock Ownership Plan reports 145 participants - about 23% of that state average ($16M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)-$46M
Net Income-$388K
Employer EIN383646048
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pacific States Petroleum)

$24M$26M$28M$30M$32M$34M 202220232024 $25.3M $31.8M ▲ +25.4%
Total plan assets by year, all Pacific States Petroleum plans on file
Year Plans Participants Total Assets
2022 2 266 $25M
2023 2 319 $26M
2024 2 347 $32M

Nearby ESOP Plans in California

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

Pacific States Petroleum Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Pacific States Petroleum 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 Pacific States Petro…Parsons Employee Sto…Acco Employee Stock …Rosendin Electric, I…Agron, Inc. Employee…Recology Employee St…
Pacific States Petroleum Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Pacific States Petroleum Employee Stock … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Pacific States Petroleum Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Pacific States Petroleum Employee Stock Ownership Plan assets move in 2023? ▼
Pacific States Petroleum Employee Stock Ownership Plan pulled back noticeably - down 11.1% during 2023, from $18M to $16M. Reported net income was -$388K.
How have Pacific States Petroleum plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pacific States Petroleum's sponsor-wide assets grew 25.4%, from $25M to $32M.
Which ESOP plans are similar in size to Pacific States Petroleum Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Lincoln Builders, Inc. Employee Stock Ownership Plan in LA ($16M, 76 participants).

Next read for Pacific States Petroleum Employee Stock …

Filing takeaways

Ways to act on Pacific States Petroleum Employee Stock Ownership Plan's numbers.

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 383646048.

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.