ESOP · DOL Form 5500 · 2023

Peninsula Insurance Bureau ESOP

Data updated 2026-08-11

$14M
Total assets
110
Participants
66th
Percentile by assets
$128,946
Avg per participant
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Official DOL plan name: Peninsula Insurance Bureau Employee Stock Ownership Plan · Sponsored by Peninsula Insurance Bureau · Florida · Finance & Insurance

$14M in assets, 110 participants

Peninsula Insurance Bureau's Peninsula Insurance Bureau Employee Stock Ownership Plan reported $14M in total assets and 110 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • 66th percentile by assets (of 127,072 plans)
  • #4,537 in Finance & Insurance (8,869 peers)

Coverage in Florida

Peninsula Insurance Bureau Employee Stock Ownership Plan covers 110 participants in Florida, about 18% of the average Florida filer (state average ~628 per filing). Assets: $14M.

$14M
total plan assets (2023 EOY)
110
covered participants
66th
percentile by assets (of 127,072 plans)
$128,946
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Peninsula Insurance Bureau Employee Stock Ownership Plan reported net income rose from -$17M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Peninsula Insurance Bureau Employee Stock Ownership Plan end-of-year assets fell from $23M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Peninsula Insurance Bureau Employee Stock Ownership Plan reported participants rose from 97 in the plan year 2022 filing to 110 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. Peninsula Insurance Bureau Employee Stock Ownership Plan reports 110 participants - about 18% of that state average ($14M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)-$20M
Net Income-$3M
Employer EIN650171532
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peninsula Insurance Bureau)

$5M$10M$15M$20M$25M 202220232024 $23.2M $10.9M ▼ -53.1%
Total plan assets by year, all Peninsula Insurance Bureau plans on file
Year Plans Participants Total Assets
2022 1 97 $23M
2023 1 110 $14M
2024 1 105 $11M

Nearby ESOP Plans in Florida

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

Peninsula Insurance Bureau Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants

Peninsula Insurance Bureau Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Peninsula Insurance …Publix Super Markets…Raymond James Financ…Rsr Employee Stock O…Summit Companies Hol…Thirty Fifteen Emplo…
Peninsula Insurance Bureau Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Peninsula Insurance Bureau Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Peninsula Insurance Bureau Employee Stock Ownership Plan assets move in 2023?
Peninsula Insurance Bureau Employee Stock Ownership Plan contracted severely - down 39.0% during 2023, from $23M to $14M. Reported net income was -$3M.
How have Peninsula Insurance Bureau plan assets changed over time?
Across 3 plan years on file (2022-2024), Peninsula Insurance Bureau's sponsor-wide assets declined 53.1%, from $23M to $11M.
Which ESOP plans are similar in size to Peninsula Insurance Bureau Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is C.a. Group, Inc. Employee Stock Ownership Plan in NV ($14M, 57 participants).

Next read for Peninsula Insurance Bureau Employee Stoc…

Filing takeaways

Ways to act on Peninsula Insurance Bureau Employee Stock Ownership Plan's numbers.