Profit Sharing · DOL Form 5500 · 2024

Platinum Security, Inc. Profit Sharing Plan

Data updated 2026-08-25

$565K
Total assets Small plan by assets
230
Participants Below avg headcount
19th
Percentile by assets National rank
$2,458
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Platinum Security Employee Benefit Plan · Sponsored by Platinum Security, Inc. · California · Agriculture, Forestry & Fishing

$565K in assets, 230 participants

Platinum Security, Inc.'s Platinum Security Employee Benefit Plan reported $565K in total assets and 230 participants in its 2024 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.

  • #191 in Agriculture, Forestry & Fishing (1,217 peers)

Coverage in California

Platinum Security Employee Benefit Plan covers 230 participants in California, about 36% of the average California filer (state average ~630 per filing). Assets: $565K.

#191
in Agriculture, Forestry & Fishing (1,217 peers)
-2.6%
assets change YoY

The plan reported a net loss of $15K 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 2024 · DOL Form 5500

$565,307 19th percentile higher than 19% of 123,620 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 2024

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

Plan-year 2024 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 (230 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Platinum Security Employee Benefit Plan reported net income rose from -$32K in the plan year 2023 filing to -$15K in the plan year 2024 filing.
  • Platinum Security Employee Benefit Plan reported participants fell from 447 in the plan year 2023 filing to 230 in the plan year 2024 filing.
  • Platinum Security Employee Benefit Plan end-of-year assets fell from $581K in the plan year 2023 filing to $565K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 200860762 · Platinum Security, Inc. PY 2024 · Profit Sharing

Platinum Security Employee Benefit Plan · $565K · 230 · 19th

  • VS-ST $565K
  • BOY 230
  • SCH 19th
  • EBSA Profit Sharing
  • PART near Safe Harbor Marinas Puerto Rico Retirement Plan
  • TYPE ind #191

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…$565KSafe Harbor Marinas Puerto Rico Retirement PlanSafe Harbor Marinas Puerto R…$565KSoly Enterprises, Inc. Profit Sharing PlanSoly Enterprises, Inc. Profi…$566KHomes of Hope, Inc. 403(b) PlanHomes of Hope, Inc. 403(b) P…$565KColegio Sagrado Corazon De Jesus Retirement PlanColegio Sagrado Corazon De J…$564K
End-of-year total assets ($M) among Platinum Security Employee Benefit Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$581K
Net Assets (End of Year)$565K
Net Income-$15K
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 -20246810 Total assets ($B) Participants Platinum Security Employee Benefit Plan, Total assets ($B): 0.000565307 · Participants: 230Platinum Security Employee Benefit PlanScpmg Keogh Plan, Total assets ($B): 7.873239427 · Participants: 10749Scpmg Keogh PlanIntel Retirement Contribution Plan, Total assets ($B): 7.29473208 · Participants: 19044Intel Retirement Contribution PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 6.232609737 · Participants: 67842Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.429377 · Participants: 4491Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.420512537 · Participants: 36338Disney 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 Safe Harbor Marinas Puerto Rico Retirement Plan in TX ($565K); by covered participants it is Wovenware Retirement Plan in PR (230 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (230 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Platinum Security Employee Benefit Plan edged down modestly - down 2.6% during 2024, from $581K to $565K. Reported net income was -$15K.
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 123,622 plans that reported assets for plan year 2024 (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 Safe Harbor Marinas Puerto Rico Retirement Plan in TX ($565K, 127 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 Wovenware Retirement Plan in PR (230 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.