ESOP · DOL Form 5500 · 2023
Raymond James Financial, Inc. ESOP
Data updated 2026-08-11
- $836M
- Total assets
- 15,500
- Participants
- 98th
- Percentile by assets
- $53,936
- Avg per participant
Official DOL plan name: Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan · Sponsored by Raymond James Financial, Inc. · Florida · Finance & Insurance
$836M in assets, 15,500 participants
Raymond James Financial, Inc.'s Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan reported $836M in total assets and 15,500 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #8,601 in Finance & Insurance (8,869 peers)
Coverage in Florida
Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan covers 15,500 participants in Florida, 25x the typical Florida plan (state average ~628 per filing). Assets: $836M.
- $836M
- total plan assets (2023 EOY)
- 15,500
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $53,936
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan reported net income rose from -$23M in the plan year 2022 filing to $174M in the plan year 2023 filing.
- Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan end-of-year assets rose from $662M in the plan year 2022 filing to $836M in the plan year 2023 filing.
- Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan reported participants rose from 14,200 in the plan year 2022 filing to 15,500 in the plan year 2023 filing.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan reports 15,500 participants - 25x that state average ($836M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $662M |
|---|---|
| Net Assets (End of Year) | $836M |
| Net Income | $174M |
| Employer EIN | 591517485 |
| Plan Effective Date | 1976-09-27 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Raymond James Financial, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 41,803 | $3.6B |
| 2023 | 3 | 45,304 | $4.5B |
| 2024 | 3 | 47,617 | $5.4B |
Nearby ESOP Plans in Florida
Peer ESOP plans, same state, same plan type, ranked by total assets.
Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants
- Publix Super Markets, Inc. Employee Stock Ownership Plan & Trust $11.8B · 141,229
- Rsr Employee Stock Ownership Plan $390M · 382
- Summit Companies Holdings, Inc. Employee Stock Ownership Plan $368M · 233
- Thirty Fifteen Employee Stock Ownership Plan $324M · 5,365
- United States Sugar Corporation - ESOP Ownership Plan $237M · 732
Scale composition for Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan
Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan reports $836M in end-of-year assets across 15,500 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $53,936 per participant (39% of the national average assets-per-participant) . Net income for plan year 2023 was $174M.
This plan identity (EIN 591517485, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $662M to $1.1B (+70.8%) while covered participants moved from 14,200 to 16,036 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 14,200 | $662M | Open filing |
| 2023 | 15,500 | $836M | This page |
| 2024 · index core | 16,036 | $1.1B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Raymond James Financial, Inc. 401(k) Plan (401(k), $2.9B, 15,535 participants)
- Raymond James Financial, Inc. & Affiliates Profit Sharing Plan (Profit Sharing, $1.3B, 16,046 participants)
- Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan (ESOP, $1.1B, 16,036 participants)
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan by total assets, not by location.
- Scheels Employee Stock Ownership Plan (ND) $838M · 4,597
- The Kendall Group Employee Stock Ownership Plan (MI) $808M · 1,907
- Employee Owned Brands, Inc. Employee Stock Ownership Plan (IA) $864M · 802
- Stewart's Shops Corp Employee Stock Ownership Plan (NY) $877M · 3,439
Frequently Asked Questions
How did Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan assets move in 2023? ▼
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Filing takeaways
Ways to act on Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan's numbers.
- By total assets, Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Florida. Compare plans
- Raymond James Financial, Inc.'s sponsor-wide assets have grown 50.0% since 2022 across 3 plan years on file. More Finance & Insurance plans