ESOP · DOL Form 5500 · 2023

Raymond James Financial, Inc. ESOP

Data updated 2026-08-25

$836M
Total assets Above avg plan size
15,500
Participants Very large workforce
98th
Percentile by assets National rank
$53,936
Avg per participant Low balance/head
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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.

  • #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.

#8,601
in Finance & Insurance (8,869 peers)
+26.4%
assets growth YoY
8.4×
vs typical plan assets (national mean)

Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan's outsized position by total assets

Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan vs every filed plan by assets

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

$836,004,639 Top 2% higher than 98% 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

Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan is a mega filing (15,500 participants), the rightmost band on the breakdown.

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.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 591517485 · Raymond James Financial, Inc. PY 2023 · ESOP

Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan · $836M · 15,500 · 98th

  • EOY $836M
  • EOY 15,500
  • EOY 98th
  • EOY ESOP
  • EOY near Scheels Employee Stock Ownership Plan
  • EOY ind #8601

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 →

Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan in the asset neighbourhood

Stewart's Shops Corp Employee Stock Ownership PlanStewart's Shops Corp Employe…$877MEmployee Owned Brands, Inc. Employee Stock Ownership PlanEmployee Owned Brands, Inc. …$864MScheels Employee Stock Ownership PlanScheels Employee Stock Owner…$838MRaymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanRaymond James Financial, Inc…$836MThe Kendall Group Employee Stock Ownership PlanThe Kendall Group Employee S…$808M
End-of-year total assets ($M) among Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$662M
Net Assets (End of Year)$836M
Net Income$174M
Employer EIN591517485
Plan Effective Date1976-09-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Raymond James Financial, Inc.)

Sponsor-wide plan assets over time

All Raymond James Financial, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5.4B 49.960074029194324% vs 2022
2024 filing year
$3B$4B$5B$6B 202220232024 $3.57B $5.35B ▲ +49.9%
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 Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 0.836004639 · Participants: 15500Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 11.810430673 · Participants: 141229Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRsr Employee Stock Ownership Plan, Total assets ($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 PlanUnited States Sugar Corporation - ESOP Ownership Plan, Total assets ($B): 0.237405762 · Participants: 732United States Sugar Corporation - ESOP Ownership Plan
Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants
Compare Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan side-by-side with 3 peers →

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. & Affiliates Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Florida, the nearest ESOP by assets is Scheels Employee Stock Ownership Plan in ND ($838M); by covered participants it is Winco Employee Stock Ownership Plan in ID (16,664 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (15,500 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 Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan assets move in 2023? ▼
Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan grew sharply - up 26.4% during 2023, from $662M to $836M. Reported net income was $174M.
How have Raymond James Financial, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Raymond James Financial, Inc.'s sponsor-wide assets grew 50.0%, from $3.6B to $5.4B.
Where does Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Scheels Employee Stock Ownership Plan in ND ($838M, 4,597 participants).
Which ESOP plans cover a similar participant headcount to Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Winco Employee Stock Ownership Plan in ID (16,664 participants, $4.7B 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 591517485.

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.