401(k) · DOL Form 5500 · 2023

Raymond James Financial, Inc. 401(k) Plan

Data updated 2026-08-11

$2.4B
Total assets
14,301
Participants
99th
Percentile by assets
$170,573
Avg per participant
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Official DOL plan name: Raymond James Financial, Inc. 401(k) Plan · Sponsored by Raymond James Financial, Inc. · Florida · Finance & Insurance

$2.4B in assets, 14,301 participants

Raymond James Financial, Inc.'s Raymond James Financial, Inc. 401(k) Plan reported $2.4B in total assets and 14,301 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #8,764 in Finance & Insurance (8,869 peers)

Coverage in Florida

Raymond James Financial, Inc. 401(k) Plan covers 14,301 participants in Florida, 23x the typical Florida plan (state average ~628 per filing). Assets: $2.4B.

$2.4B
total plan assets (2023 EOY)
14,301
covered participants
99th
percentile by assets (of 127,072 plans)
$170,573
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Raymond James Financial, Inc. 401(k) Plan reported net income rose from -$321M in the plan year 2022 filing to $465M in the plan year 2023 filing.
  • Raymond James Financial, Inc. 401(k) Plan end-of-year assets rose from $1.9B in the plan year 2022 filing to $2.4B in the plan year 2023 filing.
  • Raymond James Financial, Inc. 401(k) Plan reported participants rose from 13,402 in the plan year 2022 filing to 14,301 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Raymond James Financial, Inc. 401(k) Plan reports 14,301 participants - 23x that state average ($2.4B EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$2.4B
Net Income$465M
Employer EIN591517485
Plan Effective Date1987-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Raymond James Financial, Inc.)

$3B$4B$5B$6B 202220232024 $3.57B $5.35B ▲ +49.9%
Total plan assets by year, all Raymond James Financial, Inc. plans on file
Year Plans Participants Total Assets
2022 3 41,803 $3.6B
2023 3 45,304 $4.5B
2024 3 47,617 $5.4B

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Raymond James Financial, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Raymond James Financial, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants Raymond James Financ…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Trinet 401(k) PlanPublix Super Markets…
Raymond James Financial, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Scale composition for Raymond James Financial, Inc. 401(k) Plan

Raymond James Financial, Inc. 401(k) Plan reports $2.4B in end-of-year assets across 14,301 participants (0.020% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $170,573 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $465M.

This plan identity (EIN 591517485, plan #010) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.9B to $2.9B (+49.6%) while covered participants moved from 13,402 to 15,535 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,402 $1.9B Open filing
2023 14,301 $2.4B This page
2024 · index core 15,535 $2.9B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Raymond James Financial, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Raymond James Financial, Inc. 401(k) Plan assets move in 2023?
Raymond James Financial, Inc. 401(k) Plan grew sharply - up 27.0% during 2023, from $1.9B to $2.4B. Reported net income was $465M.
How have Raymond James Financial, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Raymond James Financial, Inc.'s sponsor-wide assets grew 50.0%, from $3.6B to $5.4B.
Where does Raymond James Financial, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Raymond James Financial, Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Raymond James Financial, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Transamerica 401(k) Retirement Savings Plan in IA ($2.4B, 6,999 participants).

Next read for Raymond James Financial, Inc. 401(k) Pla…

Filing takeaways

Ways to act on Raymond James Financial, Inc. 401(k) Plan's numbers.