ESOP · DOL Form 5500 · 2024

Professional Risk Associates, Inc. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
24
Participants Small participant base
49th
Percentile by assets National rank
$296,919
Avg per participant High balance/head
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Official DOL plan name: Professional Risk Associates, Inc. Employee Stock Ownership Plan · Sponsored by Professional Risk Associates, Inc. · Virginia · Finance & Insurance

$7M in assets, 24 participants

Professional Risk Associates, Inc.'s Professional Risk Associates, Inc. Employee Stock Ownership Plan reported $7M in total assets and 24 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #2,852 in Finance & Insurance (8,549 peers)

Professional Risk Associates, Inc. multi-year trail

Professional Risk Associates, Inc.'s plans moved -30.6% in assets from 2022 to 2024; this filing shows Professional Risk Associates, Inc. Employee Stock Ownership Plan at $7M / 24 participants.

#2,852
in Finance & Insurance (8,549 peers)
-62.6%
assets change YoY

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Professional Risk Associates, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Professional Risk Associates, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$7,126,059 49th percentile higher than 49% 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

Professional Risk Associates, 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. Professional Risk Associates, Inc. Employee Stock Ownership Plan is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Professional Risk Associates, Inc. Employee Stock Ownership Plan reported net income fell from $9M in the plan year 2023 filing to -$12M in the plan year 2024 filing.
  • Professional Risk Associates, Inc. Employee Stock Ownership Plan end-of-year assets fell from $19M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Professional Risk Associates, Inc. Employee Stock Ownership Plan reported participants fell from 25 in the plan year 2023 filing to 24 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 541521005 · Professional Risk Associates, Inc. PY 2024 · ESOP

Professional Risk Associates, Inc. Employee Stock Ownership Plan · $7M · 24 · 49th

  • IND $7M
  • EOY 24
  • 5500 49th
  • ASSETS ESOP
  • PCT near Empire Valuation Consultants, Inc. Employee Stock Ownership Plan
  • EIN ind #2852

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 Virginia →

Professional Risk Associates, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Rapp Petroleum Employee Stock Ownership PlanRapp Petroleum Employee Stoc…$7MProfessional Risk Associates, Inc. Employee Stock Ownership PlanProfessional Risk Associates…$7MEmpire Valuation Consultants, Inc. Employee Stock Ownership PlanEmpire Valuation Consultants…$7MHigh Touch Holdings, Inc Employees Stock Ownership PlanHigh Touch Holdings, Inc Emp…$7MMarshall Industries, Inc. Employee Stock Ownership PlanMarshall Industries, Inc. Em…$7M
End-of-year total assets ($M) among Professional Risk Associates, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Professional Risk Associates, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Professional Risk Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 30.64608100560209% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $10.3M $7.13M ▼ -30.6%
Year Plans Participants Total Assets
2022 1 24 $10M
2023 1 25 $19M
2024 1 24 $7M

Professional Risk Associates, Inc. filing trail (2024)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$7M
Net Income-$12M
Employer EIN541521005
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

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

Professional Risk Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Professional Risk Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.007126059 · Participants: 24Professional Risk Associates, Inc. Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.333135639 · Participants: 6515Nvr, Inc. Employee Stock Ownership PlanDelta Star Employee Stock Ownership Plan, Total assets ($B): 0.446814442 · Participants: 222Delta Star Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.407104271 · Participants: 1962Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.385752212 · Participants: 1811The Resorts Companies, Inc. Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.380000537 · Participants: 458New River Electrical Corporation Employee Stock Ownership Plan
Professional Risk Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest ESOP by assets is Empire Valuation Consultants, Inc. Employee Stock Ownership Plan in NY ($7M); by covered participants it is Southern Rubber Company, Inc. Employee Stock Ownership Plan in NC (24 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 Professional Risk Associates, Inc. Employee Stock Ownership Plan assets move in 2024?
Professional Risk Associates, Inc. Employee Stock Ownership Plan contracted severely - down 62.6% during 2024, from $19M to $7M. Reported net income was -$12M.
How have Professional Risk Associates, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Professional Risk Associates, Inc.'s sponsor-wide assets declined 30.6%, from $10M to $7M.
Which ESOP plans are similar in size to Professional Risk Associates, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Empire Valuation Consultants, Inc. Employee Stock Ownership Plan in NY ($7M, 91 participants).
Which ESOP plans cover a similar participant headcount to Professional Risk Associates, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Southern Rubber Company, Inc. Employee Stock Ownership Plan in NC (24 participants, N/A in assets).