401(k) · DOL Form 5500 · 2022

Ameriprise Financial, Inc. 401(k) Plan

Data updated 2026-08-06

$2.7B
Total assets
9,092
Participants
100th
Percentile by assets
$293,656
Avg per participant
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Official DOL plan name: Ameriprise Financial 401(k) Plan · Sponsored by Ameriprise Financial, Inc. · Minnesota · Finance & Insurance

$2.7B in assets, 9,092 participants

Ameriprise Financial, Inc.'s Ameriprise Financial 401(k) Plan reported $2.7B in total assets and 9,092 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 139,258 plans)
  • #9,182 in Finance & Insurance (9,267 peers)

Coverage in Minnesota

Ameriprise Financial 401(k) Plan covers 9,092 participants in Minnesota, 7.8x the typical Minnesota plan (state average ~1,161 per filing). Assets: $2.7B.

$2.7B
total plan assets (2022 EOY)
9,092
covered participants
100th
percentile by assets (of 139,258 plans)
$293,656
avg assets per participant

The plan reported a net loss of $483M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Ameriprise Financial 401(k) Plan reports 9,092 participants - 7.8x that state average ($2.7B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$3.2B
Net Assets (End of Year)$2.7B
Net Income-$483M
Employer EIN133180631
Plan Effective Date2005-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ameriprise Financial, Inc.)

$3.2B$3.4B$3.6B$3.8B$4B$4.2B 202220232024 $3.41B $3.62B ▲ +6.2%
Total plan assets by year, all Ameriprise Financial, Inc. plans on file
Year Plans Participants Total Assets
2022 2 14,744 $3.4B
2023 2 14,543 $4.1B
2024 1 9,295 $3.6B

Nearby 401(k) Plans in Minnesota

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

Ameriprise Financial 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Ameriprise Financial 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 05101520 Total assets ($B) Participants Ameriprise Financial…Unitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Ameriprise Financial 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Ameriprise Financial 401(k) Plan

Ameriprise Financial 401(k) Plan reports $2.7B in end-of-year assets across 9,092 participants (0.023% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.010% of 89,805,449 covered participants) - about $293,656 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2022 was -$483M.

This plan identity (EIN 133180631, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.6B (+35.6%) while covered participants moved from 9,092 to 9,295 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,092 $2.7B This page
2023 9,312 $3.2B Open filing
2024 · index core 9,295 $3.6B Open filing

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ameriprise Financial 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Ameriprise Financial 401(k) Plan assets move in 2022?
Ameriprise Financial 401(k) Plan declined sharply - down 16.2% during 2022, from $3.2B to $2.7B. Reported net income was -$483M.
How have Ameriprise Financial, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ameriprise Financial, Inc.'s sponsor-wide assets grew 6.0%, from $3.4B to $3.6B.
Where does Ameriprise Financial 401(k) Plan rank by assets among Form 5500 filers?
Ameriprise Financial 401(k) Plan ranks in the 100th percentile by end-of-year assets among 139,258 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 Ameriprise Financial 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Jones Lang Lasalle Savings and Retirement Plan in IL ($2.7B, 28,692 participants).

Next read for Ameriprise Financial 401(k) Plan

Filing takeaways

Ways to act on Ameriprise Financial 401(k) Plan's numbers.