ESOP · DOL Form 5500 · 2022
Api Group, Inc. ESOP
Data updated 2026-08-11
- $14M
- Total assets
- 3,421
- Participants
- 71st
- Percentile by assets
- $4,128
- Avg per participant
Official DOL plan name: Api Group, Inc. Employee Stock Ownership Plan · Sponsored by Api Group, Inc. · Minnesota · Construction
$14M in assets, 3,421 participants
Api Group, Inc.'s Api Group, Inc. Employee Stock Ownership Plan reported $14M in total assets and 3,421 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.
- 71st percentile by assets (of 139,126 plans)
- #7,061 in Construction (9,927 peers)
Coverage in Minnesota
Api Group, Inc. Employee Stock Ownership Plan covers 3,421 participants in Minnesota, 3.0x the typical Minnesota plan (state average ~1,126 per filing). Assets: $14M.
- $14M
- total plan assets (2022 EOY)
- 3,421
- covered participants
- 71st
- percentile by assets (of 139,126 plans)
- $4,128
- avg assets per participant
The plan reported a net loss of $15M 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. Employee Stock Ownership Plan reports 3,421 participants - 3.0x that state average ($14M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $29M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | -$15M |
| Employer EIN | 411858188 |
| Plan Effective Date | 1984-07-01 |
| 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 ESOP Plans in Minnesota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Api Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
- Andersen Corporation Employee Stock Ownership Plan $647M · 9,416
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust $486M · 4,373
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $400M · 801
- Force America Inc. Employee Stock Ownership Plan $333M · 359
- Polaris Inc. Employee Stock Ownership Plan $313M · 7,981
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Api Group, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Boh Bros. Construction Co., L.L.C. Employee Stock Ownership Plan (LA) $14M · 309
- Richmond Mutual Bancorporation, Inc. Employee Stock Ownership Plan (IN) $14M · 144
- Quadrant Holdings Co., Inc. Employee Stock Ownership Plan (IA) $14M · 25
- Hardman Construction, Inc. Employee Stock Ownership Plan (MI) $14M · 23
Frequently Asked Questions
How did Api Group, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
How have Api Group, Inc. plan assets changed over time? ▼
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Filing takeaways
Ways to act on Api Group, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Api Group, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP 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 Construction plans