401(k) · DOL Form 5500 · 2022

Air Products & Chemicals, Inc. 401(k) Plan

Data updated 2026-08-11

$2.4B
Total assets
5,374
Participants
100th
Percentile by assets
$448,236
Avg per participant
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Official DOL plan name: Air Products & Chemicals, Inc. Retirement Savings Plan · Sponsored by Air Products & Chemicals, Inc. · Pennsylvania · Manufacturing

$2.4B in assets, 5,374 participants

Air Products & Chemicals, Inc.'s Air Products & Chemicals, Inc. Retirement Savings Plan reported $2.4B in total assets and 5,374 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 139,126 plans)
  • #20,421 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Air Products & Chemicals, Inc. Retirement Savings Plan covers 5,374 participants in Pennsylvania, 6.5x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.4B.

$2.4B
total plan assets (2022 EOY)
5,374
covered participants
100th
percentile by assets (of 139,126 plans)
$448,236
avg assets per participant

The plan reported a net loss of $431M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Air Products & Chemicals, Inc. Retirement Savings Plan reports 5,374 participants - 6.5x that state average ($2.4B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.8B
Net Assets (End of Year)$2.4B
Net Income-$431M
Employer EIN231274455
Plan Effective Date1957-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Air Products & Chemicals, Inc.)

$2B$3B$4B$5B$6B 202220232024 $4.71B $2.73B ▼ -42.0%
Total plan assets by year, all Air Products & Chemicals, Inc. plans on file
Year Plans Participants Total Assets
2022 3 6,869 $4.7B
2023 3 7,105 $5.1B
2024 1 6,170 $2.7B

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Air Products & Chemicals, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Air Products & Chemicals, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 050000100000150000 05101520 Total assets ($B) Participants Air Products & Chemi…Comcast Corporation …Cigna 401(k) PlanThe PNC Financial Se…The Vanguard Retirem…The Bank of New York…
Air Products & Chemicals, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Air Products & Chemicals, Inc. Retirement Savings Plan

Air Products & Chemicals, Inc. Retirement Savings Plan reports $2.4B in end-of-year assets across 5,374 participants (0.020% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $448,236 per participant (3.2x the national average assets-per-participant) . Net income for plan year 2022 was -$431M.

This plan identity (EIN 231274455, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.4B to $2.7B (+13.5%) while covered participants moved from 5,374 to 6,170 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,374 $2.4B This page
2023 5,733 $2.6B Open filing
2024 · index core 6,170 $2.7B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Air Products & Chemicals, Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Air Products & Chemicals, Inc. Retirement Savings Plan assets move in 2022?
Air Products & Chemicals, Inc. Retirement Savings Plan declined sharply - down 15.2% during 2022, from $2.8B to $2.4B. Reported net income was -$431M.
How have Air Products & Chemicals, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Air Products & Chemicals, Inc.'s sponsor-wide assets declined 41.9%, from $4.7B to $2.7B.
Where does Air Products & Chemicals, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Air Products & Chemicals, Inc. Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Air Products & Chemicals, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Southern California Gas Company Retirement Savings Plan in CA ($2.4B, 8,583 participants).

Next read for Air Products & Chemicals, Inc. Retiremen…

Filing takeaways

Ways to act on Air Products & Chemicals, Inc. Retirement Savings Plan's numbers.

  • By total assets, Air Products & Chemicals, Inc. Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
  • Air Products & Chemicals, Inc.'s sponsor-wide assets have declined 41.9% since 2022 across 3 plan years on file. More Manufacturing plans