ESOP · DOL Form 5500 · 2023

Reliance, Inc. ESOP

Data updated 2026-08-11

$95M
Total assets
1,127
Participants
91st
Percentile by assets
$84,166
Avg per participant
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Official DOL plan name: Reliance, Inc. Employee Stock Ownership Plan · Sponsored by Reliance, Inc. · Arizona · Wholesale Trade

$95M in assets, 1,127 participants

Reliance, Inc.'s Reliance, Inc. Employee Stock Ownership Plan reported $95M in total assets and 1,127 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 127,072 plans)
  • #5,833 in Wholesale Trade (6,309 peers)

Where Reliance, Inc. Employee Stock Ownership Plan sits by assets

Reliance, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $95M for 1,127 participants (~$84,166/participant), up 28.1% in 2023.

$95M
total plan assets (2023 EOY)
1,127
covered participants
91st
percentile by assets (of 127,072 plans)
$84,166
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Reliance, Inc. Employee Stock Ownership Plan reported net income rose from $8M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Reliance, Inc. Employee Stock Ownership Plan end-of-year assets rose from $74M in the plan year 2022 filing to $95M in the plan year 2023 filing.
  • Reliance, Inc. Employee Stock Ownership Plan reported participants fell from 1,211 in the plan year 2022 filing to 1,127 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Reliance, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Reliance, Inc. Employee Stock Ownership Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$95M
Net Income$21M
Employer EIN951142616
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Reliance, Inc.)

$1.3B$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.41B $1.73B ▲ +22.7%
Total plan assets by year, all Reliance, Inc. plans on file
Year Plans Participants Total Assets
2022 2 11,106 $1.4B
2023 2 11,856 $1.6B
2024 2 12,081 $1.7B

Nearby ESOP Plans in Arizona

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

Reliance, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants

Reliance, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 00.511.5 Total assets ($B) Participants Reliance, Inc. Emplo…The Sundt Companies …U-Haul Holding Compa…Spencer's Air Condit…Pima Medical Institu…Wilson Electric Serv…
Reliance, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Reliance, Inc. Employee Stock Ownership Plan assets move in 2023?
Reliance, Inc. Employee Stock Ownership Plan grew sharply - up 28.1% during 2023, from $74M to $95M. Reported net income was $21M.
How have Reliance, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Reliance, Inc.'s sponsor-wide assets grew 22.7%, from $1.4B to $1.7B.
Where does Reliance, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Reliance, Inc. Employee Stock Ownership Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Reliance, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Fast Global Solutions, Inc. Employee Stock Ownership Plan in MN ($95M, 425 participants).

Next read for Reliance, Inc. Employee Stock Ownership …

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Ways to act on Reliance, Inc. Employee Stock Ownership Plan's numbers.