401(k) · DOL Form 5500 · 2023
Air Products & Chemicals, Inc. 401(k) Plan
Data updated 2026-08-11
- $2.6B
- Total assets
- 5,733
- Participants
- 99th
- Percentile by assets
- $450,401
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $2.6B
- total plan assets (2023 EOY)
- 5,733
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $450,401
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Air Products & Chemicals, Inc. Retirement Savings Plan reports 5,733 participants - 7.0x that state average ($2.6B EOY assets).
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.)
| 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.
Air Products & Chemicals, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Air Products & Chemicals, Inc. Retirement Savings Plan by total assets, not by location.
- 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
Frequently Asked Questions
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Filing takeaways
Ways to act on Air Products & Chemicals, Inc. Retirement Savings Plan's numbers.
- By total assets, Air Products & Chemicals, Inc. Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Air Products & Chemicals, Inc.'s sponsor-wide assets have declined 41.9% since 2022 across 3 plan years on file. More Manufacturing plans