401(k) · DOL Form 5500 · 2023
Piper Sandler Companies 401(k) Plan
Data updated 2026-08-11
- $584M
- Total assets
- 1,814
- Participants
- 98th
- Percentile by assets
- $321,939
- Avg per participant
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.
- 98th percentile by assets (of 127,072 plans)
- #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.
- $584M
- total plan assets (2023 EOY)
- 1,814
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $321,939
- avg assets per participant
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.
Piper Sandler Companies Retirement Plan vs the 2023 asset distribution
By assets, Piper Sandler Companies Retirement Plan outranks 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 5.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $483M |
|---|---|
| Net Assets (End of Year) | $584M |
| Net Income | $101M |
| Employer EIN | 300168701 |
| Plan Effective Date | 2002-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Piper Sandler Companies)
| 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
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Piper Sandler Companies Retirement Plan by total assets, not by location.
- The Animation Guild 401(k) Plan (CA) $584M · 4,486
- Epic Games, Inc. 401(k) Plan and Trust (NC) $584M · 3,040
- Russell Investments Retirement Plan (WA) $584M · 715
- Raley's 401(k) Retirement Savings Plan (CA) $584M · 18,117
Frequently Asked Questions
How did Piper Sandler Companies Retirement Plan assets move in 2023? ▼
How have Piper Sandler Companies plan assets changed over time? ▼
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Next read for Piper Sandler Companies Retirement Plan
Scale reading
Ways to act on Piper Sandler Companies Retirement Plan's numbers.
- By total assets, Piper Sandler Companies Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Piper Sandler Companies's sponsor-wide assets have grown 43.3% since 2022 across 3 plan years on file. More Finance & Insurance plans