401(k) · DOL Form 5500 · 2023

Piper Sandler Companies 401(k) Plan

Data updated 2026-08-25

$584M
Total assets Above avg plan size
1,814
Participants Near avg headcount
98th
Percentile by assets National rank
$321,939
Avg per participant High balance/head
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Official DOL plan name: Piper Sandler Companies Retirement Plan · Sponsored by Piper Sandler Companies · Minnesota · Finance & Insurance

$584M in assets, 1,814 participants

Piper Sandler Companies's Piper Sandler Companies Retirement Plan reported $584M in total assets and 1,814 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,519 in Finance & Insurance (8,869 peers)

Where Piper Sandler Companies Retirement Plan sits by assets

Piper Sandler Companies Retirement Plan sits in the top 5% of all filed plans by assets, $584M for 1,814 participants (~$321,939/participant), up 20.9% in 2023.

#8,519
in Finance & Insurance (8,869 peers)
+20.9%
assets growth YoY
5.9×
vs typical plan assets (national mean)

Piper Sandler Companies Retirement Plan's outsized position by total assets

Piper Sandler Companies Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$583,996,591 Top 2% higher than 98% of 127,068 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 2023

Piper Sandler Companies Retirement 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. Piper Sandler Companies Retirement Plan lands in the large band (1,814 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Piper Sandler Companies Retirement Plan reported net income rose from -$62M in the plan year 2022 filing to $101M in the plan year 2023 filing.
  • Piper Sandler Companies Retirement Plan end-of-year assets rose from $483M in the plan year 2022 filing to $584M in the plan year 2023 filing.
  • Piper Sandler Companies Retirement Plan reported participants rose from 1,674 in the plan year 2022 filing to 1,814 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 300168701 · Piper Sandler Companies PY 2023 · 401(k)

Piper Sandler Companies Retirement Plan · $584M · 1,814 · 98th

  • IND $584M
  • EOY 1,814
  • 5500 98th
  • ASSETS 401(k)
  • PCT near The Animation Guild 401(k) Plan
  • EIN ind #8519

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Piper Sandler Companies Retirement Plan in the asset neighbourhood

Raley's 401(k) Retirement Savings PlanRaley's 401(k) Retirement Sa…$584MEpic Games, Inc. 401(k) Plan and TrustEpic Games, Inc. 401(k) Plan…$584MPiper Sandler Companies Retirement PlanPiper Sandler Companies Reti…$584MThe Animation Guild 401(k) PlanThe Animation Guild 401(k) P…$584MRussell Investments Retirement PlanRussell Investments Retireme…$584M
End-of-year total assets ($M) among Piper Sandler Companies Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$483M
Net Assets (End of Year)$584M
Net Income$101M
Employer EIN300168701
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Piper Sandler Companies)

Sponsor-wide plan assets over time

All Piper Sandler Companies plans reported in each filing year

Latest sponsor-wide plan assets
$692M 43.3207125108337% vs 2022
2024 filing year
$400M$500M$600M$700M$800M 202220232024 $483M $692M ▲ +43.3%
Year Plans Participants Total Assets
2022 1 1,674 $483M
2023 1 1,814 $584M
2024 1 1,761 $692M

Nearby 401(k) Plans in Minnesota

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

Piper Sandler Companies Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Piper Sandler Companies Retirement Plan, Total assets ($B): 0.583996591 · Participants: 1814Piper Sandler Companies Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Piper Sandler Companies Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Piper Sandler Companies Retirement Plan side-by-side with 3 peers →

Piper Sandler Companies Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is The Animation Guild 401(k) Plan in CA ($584M); by covered participants it is Zeus 401(k) Plan in SC (1,814 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($584M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,814 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Piper Sandler Companies Retirement Plan assets move in 2023? ▼
Piper Sandler Companies Retirement Plan grew sharply - up 20.9% during 2023, from $483M to $584M. Reported net income was $101M.
How have Piper Sandler Companies plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Piper Sandler Companies's sponsor-wide assets grew 43.3%, from $483M to $692M.
Where does Piper Sandler Companies Retirement Plan rank by assets among Form 5500 filers? ▼
Piper Sandler Companies Retirement Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Piper Sandler Companies Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Animation Guild 401(k) Plan in CA ($584M, 4,486 participants).
Which 401(k) plans cover a similar participant headcount to Piper Sandler Companies Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Zeus 401(k) Plan in SC (1,814 participants, $187M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 300168701.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.