ESOP · DOL Form 5500 · 2023

Independence Holdings, Inc. ESOP

Data updated 2026-08-25

$50M
Total assets Below avg plan size
69
Participants Small participant base
85th
Percentile by assets National rank
$718,152
Avg per participant High balance/head
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Official DOL plan name: Independence Holdings, Inc. Ihi Employee Stock Ownership Plan · Sponsored by Independence Holdings, Inc. · Florida · Finance & Insurance

$50M in assets, 69 participants

Independence Holdings, Inc.'s Independence Holdings, Inc. Ihi Employee Stock Ownership Plan reported $50M in total assets and 69 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,886 in Finance & Insurance (8,869 peers)

Where Independence Holdings, Inc. Ihi Employee Stock Ownership Plan sits by assets

Independence Holdings, Inc. Ihi Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $50M for 69 participants (~$718,152/participant), down 12.1% in 2023.

#6,886
in Finance & Insurance (8,869 peers)
-12.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Independence Holdings, Inc. Ihi Employee Stock Ownership Plan's outsized position by total assets

Independence Holdings, Inc. Ihi Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$49,552,519 Top 15% higher than 85% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Independence Holdings, Inc. Ihi Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Independence Holdings, Inc. Ihi Employee Stock Ownership Plan is a small filing (69 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Independence Holdings, Inc. Ihi Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
  • Independence Holdings, Inc. Ihi Employee Stock Ownership Plan end-of-year assets fell from $56M in the plan year 2022 filing to $50M in the plan year 2023 filing.
  • Independence Holdings, Inc. Ihi Employee Stock Ownership Plan reported participants rose from 67 in the plan year 2022 filing to 69 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 461560334 · Independence Holdings, Inc. PY 2023 · ESOP

Independence Holdings, Inc. Ihi Employee Stock Ownership Plan · $50M · 69 · 85th

  • EIN $50M
  • EIN 69
  • EIN 85th
  • EIN ESOP
  • EIN near Wallner Expac Employer Stock Ownership Plan
  • EIN ind #6886

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 →

Independence Holdings, Inc. Ihi Employee Stock Ownership Plan in the asset neighbourhood

Premier System Integrators, Inc. Employee Stock Ownership PlanPremier System Integrators, …$50MWallner Expac Employer Stock Ownership PlanWallner Expac Employer Stock…$50MIndependence Holdings, Inc. Ihi Employee Stock Ownership PlanIndependence Holdings, Inc. …$50MJd2 Incorporated Employee Stock Ownership PlanJd2 Incorporated Employee St…$50MSc&h Group, Inc. Employee Stock Ownership PlanSc&h Group, Inc. Employee St…$50M
End-of-year total assets ($M) among Independence Holdings, Inc. Ihi Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$49M
Net Income-$7M
Employer EIN461560334
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Independence Holdings, Inc.)

Sponsor-wide plan assets over time

All Independence Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$57M 1.8418620325125332% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $56.4M $57.4M ▲ +1.8%
Year Plans Participants Total Assets
2022 1 67 $56M
2023 1 69 $50M
2024 1 65 $57M

Nearby ESOP Plans in Florida

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

Independence Holdings, Inc. Ihi Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Independence Holdings, Inc. Ihi Employee Stock Ownership Plan, Total assets ($B): 0.049552519 · Participants: 69Independence Holdings, Inc. Ihi Employee Stock Ownership PlanPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 11.810430673 · Participants: 141229Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 0.836004639 · Participants: 15500Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanRsr Employee Stock Ownership Plan, Total assets ($B): 0.390019755 · Participants: 382Rsr Employee Stock Ownership PlanSummit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.367604547 · Participants: 233Summit Companies Holdings, Inc. Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.324400117 · Participants: 5365Thirty Fifteen Employee Stock Ownership Plan
Independence Holdings, Inc. Ihi Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants
Compare Independence Holdings, Inc. Ihi Employee Stock Ownership Plan side-by-side with 3 peers →

Independence Holdings, Inc. Ihi Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Florida, the nearest ESOP by assets is Wallner Expac Employer Stock Ownership Plan in CA ($50M); by covered participants it is Oconee Savings & Loan Association Employee Stock Ownership Plan in SC (69 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (69 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Independence Holdings, Inc. Ihi Employee Stock Ownership Plan assets move in 2023? ▼
Independence Holdings, Inc. Ihi Employee Stock Ownership Plan pulled back noticeably - down 12.1% during 2023, from $56M to $50M. Reported net income was -$7M.
How have Independence Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Independence Holdings, Inc.'s sponsor-wide assets grew 1.8%, from $56M to $57M.
Where does Independence Holdings, Inc. Ihi Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Independence Holdings, Inc. Ihi Employee Stock Ownership Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Independence Holdings, Inc. Ihi Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Wallner Expac Employer Stock Ownership Plan in CA ($50M, 125 participants).
Which ESOP plans cover a similar participant headcount to Independence Holdings, Inc. Ihi Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Oconee Savings & Loan Association Employee Stock Ownership Plan in SC (69 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 461560334.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.