401(k) · DOL Form 5500 · 2022

Api Group, Inc. 401(k) Plan

Data updated 2026-08-25

$440M
Total assets Above avg plan size
5,406
Participants Above avg headcount
98th
Percentile by assets National rank
$81,382
Avg per participant Below avg balance/head
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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.

  • #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.

#6,747
in Wholesale Trade (6,843 peers)
-16.4%
assets change YoY
4.4×
vs typical plan assets (national mean)

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.

Api Group, Inc. Profit Sharing & 401(k) Plan's outsized position by total assets

Api Group, Inc. Profit Sharing & 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$439,951,835 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Api Group, Inc. Profit Sharing & 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Api Group, Inc. Profit Sharing & 401(k) Plan lands in the large band (5,406 participants).

DOL schedule card

Filing strip 411858188 · Api Group, Inc. PY 2022 · 401(k)

Api Group, Inc. Profit Sharing & 401(k) Plan · $440M · 5,406 · 98th

  • BOOK $440M
  • BOOK 5,406
  • BOOK 98th
  • BOOK 401(k)
  • BOOK near US Lbm Holdings, LLC 401(k) Plan
  • BOOK ind #6747

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in Minnesota →

Api Group, Inc. Profit Sharing & 401(k) Plan in the asset neighbourhood

US Lbm Holdings, LLC 401(k) PlanUS Lbm Holdings, LLC 401(k) …$440MApi Group, Inc. Profit Sharing & 401(k) PlanApi Group, Inc. Profit Shari…$440MStp Nuclear Operating Company Savings PlanStp Nuclear Operating Compan…$440MBlank Rome Profit-Sharing PlanBlank Rome Profit-Sharing Pl…$439MAmerican United Life Progress Sharing Plan and TrustAmerican United Life Progres…$439M
End-of-year total assets ($M) among Api Group, Inc. Profit Sharing & 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$527M
Net Assets (End of Year)$440M
Net Income-$97M
Employer EIN411858188
Plan Effective Date1953-04-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Api Group, Inc.)

Sponsor-wide plan assets over time

All Api Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$839M 51.085605922856715% vs 2022
2024 filing year
$500M$600M$700M$800M$900M 202220232024 $556M $839M ▲ +51.1%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Api Group, Inc. Profit Sharing & 401(k) Plan, Total assets ($B): 0.439951835 · Participants: 5406Api Group, Inc. Profit Sharing & 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Api Group, Inc. Profit Sharing & 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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. Profit Sharing & 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is US Lbm Holdings, LLC 401(k) Plan in IL ($440M); by covered participants it is Heico Holding, Inc. 401(k) Plan in IL (5,405 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($440M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,406 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Api Group, Inc. Profit Sharing & 401(k) Plan assets move in 2022? ▼
Api Group, Inc. Profit Sharing & 401(k) Plan declined sharply - down 16.4% during 2022, from $527M to $440M. Reported net income was -$97M.
How have Api Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Api Group, Inc.'s sponsor-wide assets grew 51.1%, from $556M to $839M.
Where does Api Group, Inc. Profit Sharing & 401(k) Plan rank by assets among Form 5500 filers? ▼
Api Group, Inc. Profit Sharing & 401(k) 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 Api Group, Inc. Profit Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is US Lbm Holdings, LLC 401(k) Plan in IL ($440M, 10,102 participants).
Which 401(k) plans cover a similar participant headcount to Api Group, Inc. Profit Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Heico Holding, Inc. 401(k) Plan in IL (5,405 participants, $347M in assets).