Plan Snapshot
- Plan Sponsor: Public Storage
- Sponsor EIN: 953551121
- Sponsor Address: 701 WESTERN AVE, GLENDALE, CA, 91201
- Plan Type: 401(k)
- Total Participants: 5,502
- Total Assets: $221.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,502 | $221.9M | $4.7M | $10.7M |
| 2023 | 5,686 | $201.9M | $4.4M | $10.0M |
| 2022 | 5,225 | $175.3M | $4.6M | $10.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WITHUMSMITH + BROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH + BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $183,818 | — | $183,818 | — | — |
| 2023 | $66,311 | — | $65,880 | — | — |
| 2022 | $64,787 | — | $64,787 | — | — |