Proponent, Inc.ESOP
PROPONENT EMPLOYEE STOCK OWNERSHIP PLAN · BREA, CA · plan year 2024
Proponent, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $447,287,932 across 525 participant accounts, with employer contributions averaging $11,873 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 293rd-largest of 9,483 plans among California employers on file, and the 104th of 4,246 in wholesale trade. active participation has grown from 291 to 401 since 2022.
Proponent, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
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Source: U.S. Department of Labor, Form 5500 series, EIN 952770000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.