ESOP · DOL Form 5500 · 2024

Reliance, Inc. ESOP

Data updated 2026-08-25

$78M
Total assets Below avg plan size
993
Participants Near avg headcount
89th
Percentile by assets National rank
$78,912
Avg per participant Below avg balance/head
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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.

  • #5,488 in Wholesale Trade (6,080 peers)

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.

#5,488
in Wholesale Trade (6,080 peers)
-17.4%
assets change YoY
0.8×
vs typical plan assets (national mean)

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.

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

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

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

$78,360,051 Top 11% higher than 89% 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

Reliance, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Reliance, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (993 participants).

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 →

Form 5500 schedule snapshot

Filing strip 951142616 · Reliance, Inc. PY 2024 · ESOP

Reliance, Inc. Employee Stock Ownership Plan · $78M · 993 · 89th

  • VS-ST $78M
  • VS-ST 993
  • VS-ST 89th
  • VS-ST ESOP
  • VS-ST near Godshall's Quality Meats Employee Stock Ownership Plan
  • VS-ST ind #5488

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 Arizona →

Reliance, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Aerotech, Inc. Employee Stock Ownership Plan and TrustAerotech, Inc. Employee Stoc…$79MNew England Biolabs, Inc. Voting Stock Ownership PlanNew England Biolabs, Inc. Vo…$79MReliance, Inc. Employee Stock Ownership PlanReliance, Inc. Employee Stoc…$78MGodshall's Quality Meats Employee Stock Ownership PlanGodshall's Quality Meats Emp…$78MState Bankshares Employee Stock Ownership Plan and TrustState Bankshares Employee St…$78M
End-of-year total assets ($M) among Reliance, 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)$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.)

Sponsor-wide plan assets over time

All Reliance, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 22.736118040715088% vs 2022
2024 filing year
$1.3B$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.41B $1.73B ▲ +22.7%
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 Scatter plot of 6 data points. -50000500010000150002000025000 00.511.52 Total assets ($B) Participants Reliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.078360051 · Participants: 993Reliance, Inc. Employee Stock Ownership PlanThe Sundt Companies Employee Stock Ownership Plan, Total assets ($B): 1.454509943 · Participants: 3220The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($B): 0.561105831 · Participants: 21253U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.414837473 · Participants: 263Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanWilson Electric Services Corp. Employee Stock Ownership Plan, Total assets ($B): 0.26183793 · Participants: 757Wilson Electric Services Corp. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($B): 0.225590305 · Participants: 1089Pima Medical Institute Employee Stock Ownership Plan
Reliance, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants
Compare Reliance, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Arizona, the nearest ESOP by assets is Godshall's Quality Meats Employee Stock Ownership Plan in ($78M); by covered participants it is Provident Bank Employee Stock Ownership Plan in NJ (988 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (993 participants); asset peers above are excluded.

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 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 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 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).
Which ESOP plans cover a similar participant headcount to Reliance, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Provident Bank Employee Stock Ownership Plan in NJ (988 participants, $58M 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 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.