ESOP · DOL Form 5500 · 2022

Api Group, Inc. ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
3,421
Participants Above avg headcount
71st
Percentile by assets National rank
$4,128
Avg per participant Low balance/head
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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.

  • #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.

#7,061
in Construction (9,927 peers)
-51.0%
assets change YoY

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.

Api Group, Inc. Employee Stock Ownership Plan's outsized position by total assets

Api Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$14,120,927 Top 29% higher than 71% 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. Employee Stock Ownership 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. Employee Stock Ownership Plan lands in the large band (3,421 participants).

Form 5500 schedule snapshot

Filing strip 411858188 · Api Group, Inc. PY 2022 · ESOP

Api Group, Inc. Employee Stock Ownership Plan · $14M · 3,421 · 71st

  • VS-ST $14M
  • VS-ST 3,421
  • VS-ST 71st
  • VS-ST ESOP
  • VS-ST near Boh Bros. Construction Co., L.L.C. Employee Stock Ownership Plan
  • VS-ST ind #7061

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 What is an ESOP? → · Plans in Minnesota →

Api Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Quadrant Holdings Co., Inc. Employee Stock Ownership PlanQuadrant Holdings Co., Inc. …$14MApi Group, Inc. Employee Stock Ownership PlanApi Group, Inc. Employee Sto…$14MBoh Bros. Construction Co., L.L.C. Employee Stock Ownership PlanBoh Bros. Construction Co., …$14MRichmond Mutual Bancorporation, Inc. Employee Stock Ownership PlanRichmond Mutual Bancorporati…$14MHardman Construction, Inc. Employee Stock Ownership PlanHardman Construction, Inc. E…$14M
End-of-year total assets ($M) among Api Group, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$14M
Net Income-$15M
Employer EIN411858188
Plan Effective Date1984-07-01
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 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 Scatter plot of 6 data points. -20000200040006000800010000 -2000200400600800 Total assets ($M) Participants Api Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 14.120927 · Participants: 3421Api Group, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 646.711049 · Participants: 9416Andersen Corporation Employee Stock Ownership PlanHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 486.260676 · Participants: 4373Hormel Foods Corporation Joint Earnings Profit Sharing TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 399.591486 · Participants: 801Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 332.65286 · Participants: 359Force America Inc. Employee Stock Ownership PlanPolaris Inc. Employee Stock Ownership Plan, Total assets ($M): 313.049552 · Participants: 7981Polaris Inc. Employee Stock Ownership Plan
Api Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Api Group, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Boh Bros. Construction Co., L.L.C. Employee Stock Ownership Plan in LA ($14M); by covered participants it is Stewart's Shops Corp Employee Stock Ownership Plan in NY (3,443 participants). Same-state nearby plans are listed separately above.

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. Employee Stock Ownership Plan assets move in 2022? ▼
Api Group, Inc. Employee Stock Ownership Plan contracted severely - down 51.0% during 2022, from $29M to $14M. Reported net income was -$15M.
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.
Which ESOP plans are similar in size to Api Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Boh Bros. Construction Co., L.L.C. Employee Stock Ownership Plan in LA ($14M, 309 participants).
Which ESOP plans cover a similar participant headcount to Api Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Stewart's Shops Corp Employee Stock Ownership Plan in NY (3,443 participants, $782M in assets).