ESOP · DOL Form 5500 · 2024

Independence Holdings, Inc. ESOP

Data updated 2026-08-25

$57M
Total assets Below avg plan size
65
Participants Small participant base
86th
Percentile by assets National rank
$883,756
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Independence Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Independence Holdings, Inc. · Florida · Finance & Insurance

$57M in assets, 65 participants

Independence Holdings, Inc.'s Independence Holdings, Inc. Employee Stock Ownership Plan reported $57M in total assets and 65 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,641 in Finance & Insurance (8,549 peers)

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

Independence Holdings, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $57M for 65 participants (~$883,756/participant), up 15.9% in 2024.

#6,641
in Finance & Insurance (8,549 peers)
+15.9%
assets growth YoY
0.6×
vs typical plan assets (national mean)

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

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$57,444,108 Top 14% higher than 86% of 123,620 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 2024

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Independence Holdings, Inc. Employee Stock Ownership Plan is a small filing (65 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Independence Holdings, Inc. Employee Stock Ownership Plan reported net income rose from -$7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Independence Holdings, Inc. Employee Stock Ownership Plan end-of-year assets rose from $50M in the plan year 2023 filing to $57M in the plan year 2024 filing.
  • Independence Holdings, Inc. Employee Stock Ownership Plan reported participants fell from 69 in the plan year 2023 filing to 65 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 461560334 · Independence Holdings, Inc. PY 2024 · ESOP

Independence Holdings, Inc. Employee Stock Ownership Plan · $57M · 65 · 86th

  • SCH $57M
  • SCH 65
  • SCH 86th
  • SCH ESOP
  • SCH near Metron, Inc. Employee Stock Ownership Plan and Trust
  • SCH ind #6641

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. Employee Stock Ownership Plan in the asset neighbourhood

Whatever It Takes Transmission & Parts, Inc ESOPWhatever It Takes Transmissi…$58MBarr Engineering Co. Employee Stock Ownership PlanBarr Engineering Co. Employe…$58MIndependence Holdings, Inc. Employee Stock Ownership PlanIndependence Holdings, Inc. …$57MMetron, Inc. Employee Stock Ownership Plan and TrustMetron, Inc. Employee Stock …$57MAluminum Precision Products, Inc. Employee Stock Ownership PlanAluminum Precision Products,…$57M
End-of-year total assets ($M) among Independence Holdings, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$57M
Net Income$8M
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. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -5051015 Total assets ($B) Participants Independence Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.057444108 · Participants: 65Independence Holdings, Inc. Employee Stock Ownership PlanPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 14.286420169 · Participants: 149213Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 1.130328955 · Participants: 16036Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanSummit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.75388536 · Participants: 354Summit Companies Holdings, Inc. Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.724566492 · Participants: 4730Thirty Fifteen Employee Stock Ownership PlanWestern Global Airlines, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.441212218 · Participants: 353Western Global Airlines, Inc. Employee Stock Ownership Plan
Independence Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants
Compare Independence Holdings, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Florida, the nearest ESOP by assets is Metron, Inc. Employee Stock Ownership Plan and Trust in VA ($57M); by covered participants it is Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan in NC (65 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Independence Holdings, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Independence Holdings, Inc. Employee Stock Ownership Plan grew sharply - up 15.9% during 2024, from $50M to $57M. Reported net income was $8M.
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. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Independence Holdings, Inc. Employee Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Independence Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Metron, Inc. Employee Stock Ownership Plan and Trust in VA ($57M, 198 participants).
Which ESOP plans cover a similar participant headcount to Independence Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan in NC (65 participants, $23M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.