ESOP · DOL Form 5500 · 2024

Proponent, Inc. ESOP

Data updated 2026-08-25

$543M
Total assets Above avg plan size
439
Participants Below avg headcount
97th
Percentile by assets National rank
$1.2M
Avg per participant High balance/head
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Official DOL plan name: Proponent Employee Stock Ownership Plan · Sponsored by Proponent, Inc. · California · Wholesale Trade

$543M in assets, 439 participants

Proponent, Inc.'s Proponent Employee Stock Ownership Plan reported $543M in total assets and 439 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #5,980 in Wholesale Trade (6,080 peers)

Where Proponent Employee Stock Ownership Plan sits by assets

Proponent Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $543M for 439 participants (~$1.2M/participant), up 18.1% in 2024.

#5,980
in Wholesale Trade (6,080 peers)
+18.1%
assets growth YoY
5.4×
vs typical plan assets (national mean)

Proponent Employee Stock Ownership Plan's outsized position by total assets

Proponent Employee Stock Ownership Plan vs every filed plan by assets

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

$542,805,629 Top 3% higher than 97% 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

Proponent 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. Proponent Employee Stock Ownership Plan sits mid-pack in the medium band (439 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Proponent Employee Stock Ownership Plan reported net income fell from $155M in the plan year 2023 filing to $57M in the plan year 2024 filing.
  • Proponent Employee Stock Ownership Plan reported participants rose from 353 in the plan year 2023 filing to 439 in the plan year 2024 filing.
  • Proponent Employee Stock Ownership Plan end-of-year assets rose from $460M in the plan year 2023 filing to $543M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 952770000 · Proponent, Inc. PY 2024 · ESOP

Proponent Employee Stock Ownership Plan · $543M · 439 · 97th

  • NET $543M
  • NET 439
  • NET 97th
  • NET ESOP
  • NET near Choate Construction Company Employee Stock Ownership Plan
  • NET ind #5980

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 California →

Proponent Employee Stock Ownership Plan in the asset neighbourhood

U-Haul Holding Company Employee Stock Ownership PlanU-Haul Holding Company Emplo…$561MChoate Construction Company Employee Stock Ownership PlanChoate Construction Company …$548MProponent Employee Stock Ownership PlanProponent Employee Stock Own…$543MAcadian Ambulance Service, Inc. Employee Stock Ownership PlanAcadian Ambulance Service, I…$528MAustin Industries Employee Stock Ownership PlanAustin Industries Employee S…$527M
End-of-year total assets ($M) among Proponent 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)$460M
Net Assets (End of Year)$447M
Net Income$57M
Employer EIN952770000
Plan Effective Date1986-04-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Proponent, Inc.)

Sponsor-wide plan assets over time

All Proponent, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$561M 85.32041319785037% vs 2022
2024 filing year
$200M$300M$400M$500M$600M 202220232024 $303M $561M ▲ +85.3%
Year Plans Participants Total Assets
2022 2 598 $303M
2023 2 669 $477M
2024 2 809 $561M

Nearby ESOP Plans in California

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

Proponent Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 0123456 Total assets ($B) Participants Proponent Employee Stock Ownership Plan, Total assets ($B): 0.542805629 · Participants: 439Proponent Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
Proponent Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Proponent Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Choate Construction Company Employee Stock Ownership Plan in GA ($548M); by covered participants it is D.P. Electric, Inc. Employee Stock Ownership Plan in AZ (438 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (439 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 Proponent Employee Stock Ownership Plan assets move in 2024? ▼
Proponent Employee Stock Ownership Plan grew sharply - up 18.1% during 2024, from $460M to $543M. Reported net income was $57M.
How have Proponent, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Proponent, Inc.'s sponsor-wide assets grew 85.3%, from $303M to $561M.
Where does Proponent Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Proponent Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Proponent Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Choate Construction Company Employee Stock Ownership Plan in GA ($548M, 494 participants).
Which ESOP plans cover a similar participant headcount to Proponent Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is D.P. Electric, Inc. Employee Stock Ownership Plan in AZ (438 participants, $94M 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 952770000.

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.