ESOP · DOL Form 5500 · 2024

Powermatic Automation Solutions, Inc. ESOP

Data updated 2026-08-25

$16M
Total assets Small plan by assets
87
Participants Small participant base
65th
Percentile by assets National rank
$178,957
Avg per participant Above avg balance/head
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Official DOL plan name: Powermatic Automation Solutions Employee Stock Ownership Plan · Sponsored by Powermatic Automation Solutions, Inc. · California · Wholesale Trade

$16M in assets, 87 participants

Powermatic Automation Solutions, Inc.'s Powermatic Automation Solutions Employee Stock Ownership Plan reported $16M in total assets and 87 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #3,550 in Wholesale Trade (6,080 peers)

2024 asset change

Powermatic Automation Solutions Employee Stock Ownership Plan grew sharply 18.9% in 2024 ($13M → $16M) for 87 participants.

#3,550
in Wholesale Trade (6,080 peers)
+18.9%
assets growth YoY

Powermatic Automation Solutions Employee Stock Ownership Plan's mid-pack asset rank among Wholesale Trade and all filers

Powermatic Automation Solutions Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$15,569,267 Top 35% higher than 65% 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

Powermatic Automation Solutions Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Powermatic Automation Solutions Employee Stock Ownership Plan is a small filing (87 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Powermatic Automation Solutions Employee Stock Ownership Plan reported net income rose from -$4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Powermatic Automation Solutions Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Powermatic Automation Solutions Employee Stock Ownership Plan reported participants rose from 86 in the plan year 2023 filing to 87 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 942711928 · Powermatic Automation Solutions, Inc. PY 2024 · ESOP

Powermatic Automation Solutions Employee Stock Ownership Plan · $16M · 87 · 65th

  • BOY $16M
  • SCH 87
  • EBSA 65th
  • PART ESOP
  • TYPE near Sallop Insurance Employee Stock Ownership Plan
  • NET ind #3550

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 →

Powermatic Automation Solutions Employee Stock Ownership Plan in the asset neighbourhood

Gautier Steel Holdings Inc. Employee Stock Ownership PlanGautier Steel Holdings Inc. …$16MBenmark Holdings, Inc. Employee Stock Ownership PlanBenmark Holdings, Inc. Emplo…$16MGolf Agronomics Holdings, Inc. Employee Stock Ownership Plan and TrustGolf Agronomics Holdings, In…$16MPowermatic Automation Solutions Employee Stock Ownership PlanPowermatic Automation Soluti…$16MSallop Insurance Employee Stock Ownership PlanSallop Insurance Employee St…$16M
End-of-year total assets ($M) among Powermatic Automation Solutions Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Powermatic Automation Solutions, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Powermatic Automation Solutions, Inc. 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

2024 asset-move particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
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.

Powermatic Automation Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Powermatic Automation Solutions Employee Stock Ownership Plan, Total assets ($B): 0.015569267 · Participants: 87Powermatic Automation Solutions Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
Powermatic Automation Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Powermatic Automation Solutions Employee Stock Ownership Plan side-by-side with 3 peers →

Powermatic Automation Solutions Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Sallop Insurance Employee Stock Ownership Plan in MA ($16M); by covered participants it is Lenoir Mirror Company Employee Stock Ownership Plan in NC (87 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (87 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 Powermatic Automation Solutions Employee Stock Ownership Plan assets move in 2024? ▼
Powermatic Automation Solutions Employee Stock Ownership Plan grew sharply - up 18.9% during 2024, from $13M to $16M. Reported net income was $2M.
How have Powermatic Automation Solutions, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Powermatic Automation Solutions, Inc.'s sponsor-wide assets declined 9.1%, from $17M to $16M.
Which ESOP plans are similar in size to Powermatic Automation Solutions Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Sallop Insurance Employee Stock Ownership Plan in MA ($16M, 15 participants).
Which ESOP plans cover a similar participant headcount to Powermatic Automation Solutions Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Lenoir Mirror Company Employee Stock Ownership Plan in NC (87 participants, $250K 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 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.