401(k) · DOL Form 5500 · 2022
Api Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $440M
- Total assets
- 5,406
- Participants
- 98th
- Percentile by assets
- $81,382
- Avg per participant
Official DOL plan name: Api Group, Inc. Profit Sharing & 401(k) Plan · Sponsored by Api Group, Inc. · Minnesota · Wholesale Trade
$440M in assets, 5,406 participants
Api Group, Inc.'s Api Group, Inc. Profit Sharing & 401(k) Plan reported $440M in total assets and 5,406 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)
- #6,747 in Wholesale Trade (6,843 peers)
Coverage in Minnesota
Api Group, Inc. Profit Sharing & 401(k) Plan covers 5,406 participants in Minnesota, 4.8x the typical Minnesota plan (state average ~1,126 per filing). Assets: $440M.
- $440M
- total plan assets (2022 EOY)
- 5,406
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $81,382
- avg assets per participant
The plan reported a net loss of $97M 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 1,126 participants across 2,865 plans. Api Group, Inc. Profit Sharing & 401(k) Plan reports 5,406 participants - 4.8x that state average ($440M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $527M |
|---|---|
| Net Assets (End of Year) | $440M |
| Net Income | -$97M |
| Employer EIN | 411858188 |
| Plan Effective Date | 1953-04-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Api Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 11,149 | $556M |
| 2023 | 3 | 11,693 | $703M |
| 2024 | 3 | 11,640 | $839M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Api Group, Inc. Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Scale composition for Api Group, Inc. Profit Sharing & 401(k) Plan
Api Group, Inc. Profit Sharing & 401(k) Plan reports $440M in end-of-year assets across 5,406 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $81,382 per participant (59% of the national average assets-per-participant) . Net income for plan year 2022 was -$97M.
This plan identity (EIN 411858188, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $440M to $676M (+53.6%) while covered participants moved from 5,406 to 4,810 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,406 | $440M | This page |
| 2023 | 5,691 | $567M | Open filing |
| 2024 · index core | 4,810 | $676M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Api Group, Inc. 401(k) & Profit Sharing Plan (401(k), $676M, 4,810 participants)
- Api Group, Inc. Safe Harbor 401(k) & Profit Sharing Plan (401(k), $150M, 3,421 participants)
- Api Group, Inc. Employee Stock Ownership Plan (ESOP, $14M, 3,409 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Api Group, Inc. Profit Sharing & 401(k) Plan by total assets, not by location.
- US Lbm Holdings, LLC 401(k) Plan (IL) $440M · 10,102
- Stp Nuclear Operating Company Savings Plan (TX) $440M · 1,030
- Blank Rome Profit-Sharing Plan (PA) $439M · 630
- American United Life Progress Sharing Plan and Trust (IN) $439M · 2,441
Frequently Asked Questions
How did Api Group, Inc. Profit Sharing & 401(k) Plan assets move in 2022? ▼
How have Api Group, Inc. plan assets changed over time? ▼
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Next read for Api Group, Inc. Profit Sharing & 401(k) …
Filing takeaways
Ways to act on Api Group, Inc. Profit Sharing & 401(k) Plan's numbers.
- By total assets, Api Group, Inc. Profit Sharing & 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Api Group, Inc.'s sponsor-wide assets have grown 51.1% since 2022 across 3 plan years on file. More Wholesale Trade plans