401(k) · DOL Form 5500 · 2022

Azoa Services Corporation 401(k) Plan

Data updated 2026-08-11

$1.7B
Total assets
4,871
Participants
99th
Percentile by assets
$350,601
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Allianz Asset Accumulation Plan · Sponsored by Azoa Services Corporation · Minnesota · Finance & Insurance

$1.7B in assets, 4,871 participants

Azoa Services Corporation's Allianz Asset Accumulation Plan reported $1.7B in total assets and 4,871 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #9,132 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Allianz Asset Accumulation Plan covers 4,871 participants in Minnesota, 4.3x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.7B.

$1.7B
total plan assets (2022 EOY)
4,871
covered participants
99th
percentile by assets (of 139,126 plans)
$350,601
avg assets per participant

The plan reported a net loss of $355M 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. Allianz Asset Accumulation Plan reports 4,871 participants - 4.3x that state average ($1.7B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$2.1B
Net Assets (End of Year)$1.7B
Net Income-$355M
Employer EIN751723041
Plan Effective Date1950-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Azoa Services Corporation)

$1.6B$1.8B$2B$2.2B 202220232024 $1.71B $2.13B ▲ +24.6%
Total plan assets by year, all Azoa Services Corporation plans on file
Year Plans Participants Total Assets
2022 1 4,871 $1.7B
2023 1 5,167 $2.0B
2024 1 5,354 $2.1B

Nearby 401(k) Plans in Minnesota

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

Allianz Asset Accumulation Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Allianz Asset Accumulation Plan by total assets, not by location.

Frequently Asked Questions

How did Allianz Asset Accumulation Plan assets move in 2022?
Allianz Asset Accumulation Plan declined sharply - down 17.2% during 2022, from $2.1B to $1.7B. Reported net income was -$355M.
How have Azoa Services Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Azoa Services Corporation's sponsor-wide assets grew 24.7%, from $1.7B to $2.1B.
Where does Allianz Asset Accumulation Plan rank by assets among Form 5500 filers?
Allianz Asset Accumulation Plan ranks in the 99th percentile by end-of-year assets among 139,126 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 Allianz Asset Accumulation Plan?
Among 401(k) plans in other states, the closest by assets is Ncr Savings Plan in GA ($1.7B, 11,692 participants).

Next read for Allianz Asset Accumulation Plan

Filing takeaways

Ways to act on Allianz Asset Accumulation Plan's numbers.