401(k) · DOL Form 5500 · 2022

Piper Sandler Companies 401(k) Plan

Data updated 2026-08-11

$483M
Total assets
1,674
Participants
98th
Percentile by assets
$288,487
Avg per participant
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Official DOL plan name: Piper Sandler Companies Retirement Plan · Sponsored by Piper Sandler Companies · Minnesota · Finance & Insurance

$483M in assets, 1,674 participants

Piper Sandler Companies's Piper Sandler Companies Retirement Plan reported $483M in total assets and 1,674 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #8,891 in Finance & Insurance (9,261 peers)

Where Piper Sandler Companies Retirement Plan sits by assets

Piper Sandler Companies Retirement Plan sits in the top 5% of all filed plans by assets, $483M for 1,674 participants (~$288,487/participant), down 11.3% in 2022.

$483M
total plan assets (2022 EOY)
1,674
covered participants
98th
percentile by assets (of 139,126 plans)
$288,487
avg assets per participant

The plan reported a net loss of $62M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Piper Sandler Companies Retirement Plan vs the 2022 asset distribution

By assets, Piper Sandler Companies Retirement Plan outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 4.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$545M
Net Assets (End of Year)$483M
Net Income-$62M
Employer EIN300168701
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Piper Sandler Companies)

$400M$500M$600M$700M$800M 202220232024 $483M $692M ▲ +43.3%
Total plan assets by year, all Piper Sandler Companies plans on file
Year Plans Participants Total Assets
2022 1 1,674 $483M
2023 1 1,814 $584M
2024 1 1,761 $692M

Nearby 401(k) Plans in Minnesota

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

Piper Sandler Companies Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Piper Sandler Companies Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Piper Sandler Compan…Unitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Piper Sandler Companies Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Piper Sandler Companies Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Piper Sandler Companies Retirement Plan assets move in 2022?
Piper Sandler Companies Retirement Plan pulled back noticeably - down 11.3% during 2022, from $545M to $483M. Reported net income was -$62M.
How have Piper Sandler Companies plan assets changed over time?
Across 3 plan years on file (2022-2024), Piper Sandler Companies's sponsor-wide assets grew 43.3%, from $483M to $692M.
Where does Piper Sandler Companies Retirement Plan rank by assets among Form 5500 filers?
Piper Sandler Companies Retirement Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Piper Sandler Companies Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Diebold, Incorporated 401(k) Savings Plan in OH ($483M, 3,691 participants).

Next read for Piper Sandler Companies Retirement Plan

Scale reading

Ways to act on Piper Sandler Companies Retirement Plan's numbers.