ESOP · DOL Form 5500 · 2024
Power Systems Inc. of Florida ESOP
Data updated 2026-08-25
- $383K
- Total assets Small plan by assets
- 26
- Participants Small participant base
- 16th
- Percentile by assets National rank
- $14,746
- Avg per participant Low balance/head
Official DOL plan name: Psif Employee Stock Ownership Plan · Sponsored by Power Systems Inc. of Florida · Florida · Wholesale Trade
$383K in assets, 26 participants
Power Systems Inc. of Florida's Psif Employee Stock Ownership Plan reported $383K in total assets and 26 participants in its 2024 DOL Form 5500 filing, ranking in the 16th 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.
- #459 in Wholesale Trade (6,080 peers)
2024 asset change
Psif Employee Stock Ownership Plan contracted severely 36.6% in 2024 ($605K → $383K) for 26 participants.
- #459
- in Wholesale Trade (6,080 peers)
- -36.6%
- assets change YoY
The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Psif Employee Stock Ownership Plan among the smaller filed plans by assets
Psif Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$383,401 16th percentile higher than 16% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Psif 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. Psif Employee Stock Ownership Plan is a small filing (26 participants) on this national headcount ladder.
Form 5500 schedule snapshot
Filing strip 581476289 · Power Systems Inc. of Florida PY 2024 · ESOP
Psif Employee Stock Ownership Plan · $383K · 26 · 16th
- ASSETS $383K
- ASSETS 26
- ASSETS 16th
- ASSETS ESOP
- ASSETS near Tmi Energy Solutions Employee Stock Ownership Plan
- ASSETS ind #459
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 Florida →
Psif Employee Stock Ownership Plan in the asset neighbourhood
2024 asset-move particulars
| Total Assets (Beginning of Year) | $605K |
|---|---|
| Net Assets (End of Year) | -$6M |
| Net Income | -$6M |
| Employer EIN | 581476289 |
| Plan Effective Date | 2023-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Florida
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Publix Super Markets, Inc. Employee Stock Ownership Plan & Trust $14.3B · 149,213
- Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan $1.1B · 16,036
- Summit Companies Holdings, Inc. Employee Stock Ownership Plan $754M · 354
- Thirty Fifteen Employee Stock Ownership Plan $725M · 4,730
- Western Global Airlines, Inc. Employee Stock Ownership Plan $441M · 353
Psif Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Florida, the nearest ESOP by assets is Tmi Energy Solutions Employee Stock Ownership Plan in OH ($383K); by covered participants it is Pro-Cut Construction Services, Inc. Employee Stock Ownership Plan in PA (26 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($383K here).
Similar participant headcount
Nearest other-state filings by covered participants (26 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.