401(k) · DOL Form 5500 · 2023
Air Products & Chemicals, Inc. 401(k) Plan
Data updated 2026-08-25
- $2.6B
- Total assets Very large vs avg
- 5,733
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $450,401
- Avg per participant High balance/head
Official DOL plan name: Air Products & Chemicals, Inc. Retirement Savings Plan · Sponsored by Air Products & Chemicals, Inc. · Pennsylvania · Manufacturing
$2.6B in assets, 5,733 participants
Air Products & Chemicals, Inc.'s Air Products & Chemicals, Inc. Retirement Savings Plan reported $2.6B in total assets and 5,733 participants in its 2023 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.
- #18,533 in Manufacturing (18,722 peers)
Coverage in Pennsylvania
Air Products & Chemicals, Inc. Retirement Savings Plan covers 5,733 participants in Pennsylvania, 7.0x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.6B.
- #18,533
- in Manufacturing (18,722 peers)
- +7.2%
- assets growth YoY
- 26×
- vs typical plan assets (national mean)
Air Products & Chemicals, Inc. Retirement Savings Plan's outsized position by total assets
Air Products & Chemicals, Inc. Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,582,151,131 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Air Products & Chemicals, Inc. Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Air Products & Chemicals, Inc. Retirement Savings Plan lands in the large band (5,733 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Air Products & Chemicals, Inc. Retirement Savings Plan reported net income rose from -$431M in the plan year 2022 filing to $173M in the plan year 2023 filing.
- Air Products & Chemicals, Inc. Retirement Savings Plan end-of-year assets rose from $2.4B in the plan year 2022 filing to $2.6B in the plan year 2023 filing.
- Air Products & Chemicals, Inc. Retirement Savings Plan reported participants rose from 5,374 in the plan year 2022 filing to 5,733 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 231274455 · Air Products & Chemicals, Inc. PY 2023 · 401(k)
Air Products & Chemicals, Inc. Retirement Savings Plan · $2.6B · 5,733 · 99th
- VS-ST $2.6B
- BOY 5,733
- SCH 99th
- EBSA 401(k)
- PART near Rwjbarnabas Health 401(k) Savings Plan
- TYPE ind #18533
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 Manufacturing retirement plans → · Plans in Pennsylvania →
Air Products & Chemicals, Inc. Retirement Savings Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $2.4B |
|---|---|
| Net Assets (End of Year) | $2.6B |
| Net Income | $173M |
| Employer EIN | 231274455 |
| Plan Effective Date | 1957-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Air Products & Chemicals, Inc.)
Sponsor-wide plan assets over time
All Air Products & Chemicals, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.7B 41.92821734022907% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 6,869 | $4.7B |
| 2023 | 3 | 7,105 | $5.1B |
| 2024 | 1 | 6,170 | $2.7B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
Scale composition for Air Products & Chemicals, Inc. Retirement Savings Plan
Air Products & Chemicals, Inc. Retirement Savings Plan reports $2.6B in end-of-year assets across 5,733 participants (0.021% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $450,401 per participant (3.3x the national average assets-per-participant) . Net income for plan year 2023 was $173M.
This plan identity (EIN 231274455, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.4B to $2.7B (+13.5%) while covered participants moved from 5,374 to 6,170 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,374 | $2.4B | Open filing |
| 2023 | 5,733 | $2.6B | This page |
| 2024 · index core | 6,170 | $2.7B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Air Products & Chemicals, Inc. Retirement Savings Plan (401(k), $2.7B, 6,170 participants)
- Air Products and Chemicals, Inc. Pension Plan for Salaried Employees (Defined Benefit (Pension), $2.3B, 1,071 participants)
- Pension Plan for Hourly Rated Employees of Air Products and Chemicals, Inc. (Defined Benefit (Pension), $212M, 301 participants)
Air Products & Chemicals, Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Rwjbarnabas Health 401(k) Savings Plan in NJ ($2.6B); by covered participants it is Arcbest 401(k) and DC Retirement Plan in AR (5,735 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.6B here).
- Rwjbarnabas Health 401(k) Savings Plan (NJ) $2.6B · 29,004
- Ally Financial Inc. Retirement Savings Plan (MI) $2.6B · 11,562
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan (IN) $2.6B · 9,015
- Fedex Corporation Retirement Savings Plan II (TN) $2.6B · 99,296
Similar participant headcount
Nearest other-state filings by covered participants (5,733 participants); asset peers above are excluded.
- Arcbest 401(k) and DC Retirement Plan (AR) 5,735 · 2 off
- The Wonderful Company LLC 401(k) Plan (CA) 5,736 · 3 off
- Valet Living, LLC 401(k) Profit Sharing Plan (FL) 5,737 · 4 off
- American Public Education Retirement Plan (WV) 5,728 · 5 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.