ESOP · DOL Form 5500 · 2024

Portland Air Freight, Inc. ESOP

Data updated 2026-08-11

$49M
Total assets
80
Participants
84th
Percentile by assets
$615,272
Avg per participant
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Official DOL plan name: Portland Air Freight, Inc. Employee Stock Ownership Plan · Sponsored by Portland Air Freight, Inc. · Maine · Transportation & Warehousing

$49M in assets, 80 participants

Portland Air Freight, Inc.'s Portland Air Freight, Inc. Employee Stock Ownership Plan reported $49M in total assets and 80 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 123,622 plans)
  • #2,725 in Transportation & Warehousing (3,299 peers)

Where Portland Air Freight, Inc. Employee Stock Ownership Plan sits by assets

Portland Air Freight, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $49M for 80 participants (~$615,272/participant), up 8.2% in 2024.

$49M
total plan assets (2024 EOY)
80
covered participants
84th
percentile by assets (of 123,622 plans)
$615,272
avg assets per participant

Where Portland Air Freight, Inc. Employee Stock Ownership Plan sits by total assets

Portland Air Freight, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$49,221,774 Top 16% higher than 84% of 123,620 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Portland Air Freight, Inc. Employee Stock Ownership Plan reported net income rose from $854K in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Portland Air Freight, Inc. Employee Stock Ownership Plan end-of-year assets rose from $45M in the plan year 2023 filing to $49M in the plan year 2024 filing.
  • Portland Air Freight, Inc. Employee Stock Ownership Plan reported participants fell from 85 in the plan year 2023 filing to 80 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Maine
Industry
Transportation & Warehousing

Portland Air Freight, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Portland Air Freight, Inc. Employee Stock Ownership Plan outranks 84% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$42M
Net Income$4M
Employer EIN010384794
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Portland Air Freight, Inc.)

$40M$45M$50M$55M$60M 202220232024 $44M $54.7M ▲ +24.4%
Total plan assets by year, all Portland Air Freight, Inc. plans on file
Year Plans Participants Total Assets
2022 2 192 $44M
2023 2 186 $50M
2024 2 181 $55M

Nearby ESOP Plans in Maine

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

Portland Air Freight, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0100200300400500600 050100150 Total assets ($M) Participants Portland Air Freight…, Total assets ($M): 49.221774 · Participants: 80Portland Air Freight…Sc Holdings, Inc. Em…, Total assets ($M): 132.8512 · Participants: 513Sc Holdings, Inc. Em…Maine Drilling & Bla…, Total assets ($M): 91.887524 · Participants: 440Maine Drilling & Bla…Johnnys Selected See…, Total assets ($M): 73.244662 · Participants: 252Johnnys Selected See…Systems Engineering,…, Total assets ($M): 51.145486 · Participants: 178Systems Engineering,…Moody's Co-Worker Ow…, Total assets ($M): 40.628186 · Participants: 252Moody's Co-Worker Ow…
Portland Air Freight, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
Compare Portland Air Freight, Inc. Employee Stoc… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Portland Air Freight, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Portland Air Freight, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Portland Air Freight, Inc. Employee Stock Ownership Plan grew at a solid clip - up 8.2% during 2024, from $45M to $49M. Reported net income was $4M.
How have Portland Air Freight, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Portland Air Freight, Inc.'s sponsor-wide assets grew 24.4%, from $44M to $55M.
Where does Portland Air Freight, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Portland Air Freight, Inc. Employee Stock Ownership Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Portland Air Freight, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is De Corp. Employee Stock Ownership Plan in TX ($49M, 204 participants).

Next read for Portland Air Freight, Inc. Employee Stoc…

Scale reading

Ways to act on Portland Air Freight, Inc. Employee Stock Ownership Plan's numbers.

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 010384794.

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.