ESOP · DOL Form 5500 · 2023

Professional Risk Associates, Inc. ESOP

Data updated 2026-08-25

$19M
Total assets Small plan by assets
25
Participants Small participant base
72nd
Percentile by assets National rank
$762,816
Avg per participant High balance/head
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Official DOL plan name: Professional Risk Associates, Inc. Employee Stock Ownership Plan · Sponsored by Professional Risk Associates, Inc. · Virginia · Finance & Insurance

$19M in assets, 25 participants

Professional Risk Associates, Inc.'s Professional Risk Associates, Inc. Employee Stock Ownership Plan reported $19M in total assets and 25 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #5,152 in Finance & Insurance (8,869 peers)

Professional Risk Associates, Inc. multi-year trail

Professional Risk Associates, Inc.'s plans moved -30.6% in assets from 2022 to 2024; this filing shows Professional Risk Associates, Inc. Employee Stock Ownership Plan at $19M / 25 participants.

#5,152
in Finance & Insurance (8,869 peers)
+85.6%
assets growth YoY

Professional Risk Associates, Inc. Employee Stock Ownership Plan's outsized position by total assets

Professional Risk Associates, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$19,070,399 Top 28% higher than 72% 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

Professional Risk Associates, Inc. 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. Professional Risk Associates, Inc. Employee Stock Ownership Plan is a small filing (25 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Professional Risk Associates, Inc. Employee Stock Ownership Plan reported net income rose from $572K in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Professional Risk Associates, Inc. Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Professional Risk Associates, Inc. Employee Stock Ownership Plan reported participants rose from 24 in the plan year 2022 filing to 25 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 541521005 · Professional Risk Associates, Inc. PY 2023 · ESOP

Professional Risk Associates, Inc. Employee Stock Ownership Plan · $19M · 25 · 72nd

  • BOOK $19M
  • VS-ST 25
  • BOY 72nd
  • SCH ESOP
  • EBSA near Carbo Forge, Inc. Employee Stock Ownership Plan
  • PART ind #5152

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 Virginia →

Professional Risk Associates, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Professional Risk Associates, Inc. Employee Stock Ownership PlanProfessional Risk Associates…$19MCarbo Forge, Inc. Employee Stock Ownership PlanCarbo Forge, Inc. Employee S…$19MBridges Health Employee Stock Ownership PlanBridges Health Employee Stoc…$19MB & D Industrial, Inc. Employee Stock Ownership PlanB & D Industrial, Inc. Emplo…$19MJla Supply, Inc. Employee Stock Ownership PlanJla Supply, Inc. Employee St…$19M
End-of-year total assets ($M) among Professional Risk Associates, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Professional Risk Associates, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Professional Risk Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 30.64608100560209% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $10.3M $7.13M ▼ -30.6%
Year Plans Participants Total Assets
2022 1 24 $10M
2023 1 25 $19M
2024 1 24 $7M

Professional Risk Associates, Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$19M
Net Income$9M
Employer EIN541521005
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

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

Professional Risk Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Professional Risk Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.019070399 · Participants: 25Professional Risk Associates, Inc. Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
Professional Risk Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Professional Risk Associates, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Professional Risk Associates, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Carbo Forge, Inc. Employee Stock Ownership Plan in OH ($19M); by covered participants it is Wvs Financial Corp. Employee Stock Ownership Plan in PA (25 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25 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 Professional Risk Associates, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Professional Risk Associates, Inc. Employee Stock Ownership Plan surged - up 85.6% during 2023, from $10M to $19M. Reported net income was $9M.
How have Professional Risk Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Professional Risk Associates, Inc.'s sponsor-wide assets declined 30.6%, from $10M to $7M.
Which ESOP plans are similar in size to Professional Risk Associates, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Carbo Forge, Inc. Employee Stock Ownership Plan in OH ($19M, 46 participants).
Which ESOP plans cover a similar participant headcount to Professional Risk Associates, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Wvs Financial Corp. Employee Stock Ownership Plan in PA (25 participants, $3M 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 541521005.

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.