ESOP · DOL Form 5500 · 2024

Raymond James Financial, Inc. ESOP

Data updated 2026-08-11

$1.1B
Total assets
16,036
Participants
99th
Percentile by assets
$70,487
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan · Sponsored by Raymond James Financial, Inc. · Florida · Finance & Insurance

$1.1B in assets, 16,036 participants

Raymond James Financial, Inc.'s Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan reported $1.1B in total assets and 16,036 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 123,622 plans)
  • #8,324 in Finance & Insurance (8,549 peers)

Coverage in Florida

Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan covers 16,036 participants in Florida, 26x the typical Florida plan (state average ~628 per filing). Assets: $1.1B.

$1.1B
total plan assets (2024 EOY)
16,036
covered participants
99th
percentile by assets (of 123,622 plans)
$70,487
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan reported net income rose from $174M in the plan year 2023 filing to $294M in the plan year 2024 filing.
  • Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan end-of-year assets rose from $836M in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
  • Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan reported participants rose from 15,500 in the plan year 2023 filing to 16,036 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan reports 16,036 participants - 26x that state average ($1.1B EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$836M
Net Assets (End of Year)$1.1B
Net Income$294M
Employer EIN591517485
Plan Effective Date1976-09-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Raymond James Financial, Inc.)

$3B$4B$5B$6B 202220232024 $3.57B $5.35B ▲ +49.9%
Total plan assets by year, all Raymond James Financial, Inc. plans on file
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

Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -5051015 Total assets ($B) Participants Raymond James Financ…Publix Super Markets…Summit Companies Hol…Thirty Fifteen Emplo…Western Global Airli…Rsr Employee Stock O…
Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants

Scale composition for Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan

Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan reports $1.1B in end-of-year assets across 16,036 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $70,487 per participant (51% of the national average assets-per-participant) . Net income for plan year 2024 was $294M.

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 Open filing
2024 · index core 16,036 $1.1B This page

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan assets move in 2024?
Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan surged - up 35.2% during 2024, from $836M to $1.1B. Reported net income was $294M.
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 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
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 The Bank of America Transferred Savings Account Plan in RI ($1.1B, 4,298 participants).

Next read for Raymond James Financial, Inc. & Affiliat…

Filing takeaways

Ways to act on Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan's numbers.

  • By total assets, Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Florida. Compare plans
  • Raymond James Financial, Inc.'s sponsor-wide assets have grown 50.0% since 2022 across 3 plan years on file. More Finance & Insurance plans