ESOP · DOL Form 5500 · 2024

Reliance, Inc. ESOP

Data updated 2026-07-24

$78M
Total assets
993
Participants
89th
Percentile by assets
$78,912
Avg per participant
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Official DOL plan name: Reliance, Inc. Employee Stock Ownership Plan · Sponsored by Reliance, Inc. · Arizona · Wholesale Trade

$78M in assets, 993 participants

Reliance, Inc.'s Reliance, Inc. Employee Stock Ownership Plan reported $78M in total assets and 993 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 116,472 plans)

Where Reliance, Inc. Employee Stock Ownership Plan sits by assets

Reliance, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $78M for 993 participants (~$78,912/participant), down 17.4% in 2024.

$78M
total plan assets (2024 EOY)
993
covered participants
89th
percentile by assets (of 116,472 plans)
$78,912
avg assets per participant

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Reliance, Inc. Employee Stock Ownership Plan reported net income fell from $21M in the plan year 2023 filing to -$16M in the plan year 2024 filing.
  • Reliance, Inc. Employee Stock Ownership Plan end-of-year assets fell from $95M in the plan year 2023 filing to $78M in the plan year 2024 filing.
  • Reliance, Inc. Employee Stock Ownership Plan reported participants fell from 1,127 in the plan year 2023 filing to 993 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Arizona
Industry
Wholesale Trade

Reliance, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Reliance, Inc. Employee Stock Ownership Plan outranks 89% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.8x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$95M
Net Assets (End of Year)$78M
Net Income-$16M
Employer EIN951142616
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Reliance, Inc.)

$1.3B$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.41B $1.73B ▲ +22.7%
Total plan assets by year, all Reliance, Inc. plans on file
Year Plans Participants Total Assets
2022 2 11,106 $1.4B
2023 2 11,856 $1.6B
2024 2 12,081 $1.7B

Nearby ESOP Plans in Arizona

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

Reliance, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants

Reliance, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 0200400600 Total assets ($M) Participants Reliance, Inc. Emplo…U-Haul Holding Compa…Spencer's Air Condit…Wilson Electric Serv…Pima Medical Institu…Suntec Employee Stoc…
Reliance, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants
Compare Reliance, Inc. Employee Stock Ownership … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Reliance, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Reliance, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Reliance, Inc. Employee Stock Ownership Plan declined sharply - down 17.4% during 2024, from $95M to $78M. Reported net income was -$16M.
How have Reliance, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Reliance, Inc.'s sponsor-wide assets grew 22.7%, from $1.4B to $1.7B.
Where does Reliance, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Reliance, Inc. Employee Stock Ownership Plan ranks in the 89th percentile by end-of-year assets among 116,472 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 Reliance, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Godshall's Quality Meats Employee Stock Ownership Plan in ($78M, 273 participants).

Next read for Reliance, Inc. Employee Stock Ownership …

Scale reading

Ways to act on Reliance, Inc. Employee Stock Ownership Plan's numbers.

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 951142616.

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.