401(k) · DOL Form 5500 · 2023

Ameriprise Financial, Inc. 401(k) Plan

Data updated 2026-08-25

$3.2B
Total assets Very large vs avg
9,312
Participants Very large workforce
100th
Percentile by assets National rank
$340,280
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ameriprise Financial 401(k) Plan · Sponsored by Ameriprise Financial, Inc. · Minnesota · Finance & Insurance

$3.2B in assets, 9,312 participants

Ameriprise Financial, Inc.'s Ameriprise Financial 401(k) Plan reported $3.2B in total assets and 9,312 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #8,784 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Ameriprise Financial 401(k) Plan covers 9,312 participants in Minnesota, 8.3x the typical Minnesota plan (state average ~1,126 per filing). Assets: $3.2B.

#8,784
in Finance & Insurance (8,869 peers)
+18.7%
assets growth YoY
32×
vs typical plan assets (national mean)

Ameriprise Financial 401(k) Plan's outsized position by total assets

Ameriprise Financial 401(k) Plan vs every filed plan by assets

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

$3,168,684,704 Highest reported value at or above every one 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

Ameriprise Financial 401(k) 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. Ameriprise Financial 401(k) Plan lands in the large band (9,312 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ameriprise Financial 401(k) Plan reported net income rose from -$483M in the plan year 2022 filing to $495M in the plan year 2023 filing.
  • Ameriprise Financial 401(k) Plan end-of-year assets rose from $2.7B in the plan year 2022 filing to $3.2B in the plan year 2023 filing.
  • Ameriprise Financial 401(k) Plan reported participants rose from 9,092 in the plan year 2022 filing to 9,312 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 133180631 · Ameriprise Financial, Inc. PY 2023 · 401(k)

Ameriprise Financial 401(k) Plan · $3.2B · 9,312 · 100th

  • BOY $3.2B
  • SCH 9,312
  • EBSA 100th
  • PART 401(k)
  • TYPE near The Tjx Companies, Inc. 401(k) Savings Plan
  • NET ind #8784

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 →

Ameriprise Financial 401(k) Plan in the asset neighbourhood

The Tjx Companies, Inc. 401(k) Savings PlanThe Tjx Companies, Inc. 401(…$3.2BAmeriprise Financial 401(k) PlanAmeriprise Financial 401(k) …$3.2BFerguson Enterprises, LLC, 401(k) Retirement Savings PlanFerguson Enterprises, LLC, 4…$3.2BHitachi Employee 401(k) Retirement PlanHitachi Employee 401(k) Reti…$3.2BIlwu-Pma Savings (401(k)) PlanIlwu-Pma Savings (401(k)) Pl…$3.1B
End-of-year total assets ($B) among Ameriprise Financial 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$2.7B
Net Assets (End of Year)$3.2B
Net Income$495M
Employer EIN133180631
Plan Effective Date2005-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ameriprise Financial, Inc.)

Sponsor-wide plan assets over time

All Ameriprise Financial, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4.5B 33.033594133784206% vs 2022
2024 filing year
$3B$3.5B$4B$4.5B$5B 202220232024 $3.41B $4.54B ▲ +33.1%
Year Plans Participants Total Assets
2022 2 14,744 $3.4B
2023 2 14,543 $4.1B
2024 2 14,042 $4.5B

Nearby 401(k) Plans in Minnesota

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

Ameriprise Financial 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 0510152025 Total assets ($B) Participants Ameriprise Financial 401(k) Plan, Total assets ($B): 3.168684704 · Participants: 9312Ameriprise Financial 401(k) 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
Ameriprise Financial 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Ameriprise Financial 401(k) Plan side-by-side with 3 peers →

Scale composition for Ameriprise Financial 401(k) Plan

Ameriprise Financial 401(k) Plan reports $3.2B in end-of-year assets across 9,312 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $340,280 per participant (2.5x the national average assets-per-participant) . Net income for plan year 2023 was $495M.

This plan identity (EIN 133180631, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.6B (+35.6%) while covered participants moved from 9,092 to 9,295 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,092 $2.7B Open filing
2023 9,312 $3.2B This page
2024 · index core 9,295 $3.6B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Ameriprise Financial 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is The Tjx Companies, Inc. 401(k) Savings Plan in MA ($3.2B); by covered participants it is Kemper Corporation 401(k) Retirement Plan in IL (9,308 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (9,312 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 Ameriprise Financial 401(k) Plan assets move in 2023? ▼
Ameriprise Financial 401(k) Plan grew sharply - up 18.7% during 2023, from $2.7B to $3.2B. Reported net income was $495M.
How have Ameriprise Financial, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ameriprise Financial, Inc.'s sponsor-wide assets grew 33.0%, from $3.4B to $4.5B.
Where does Ameriprise Financial 401(k) Plan rank by assets among Form 5500 filers? ▼
Ameriprise Financial 401(k) Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Ameriprise Financial 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Tjx Companies, Inc. 401(k) Savings Plan in MA ($3.2B, 108,909 participants).
Which 401(k) plans cover a similar participant headcount to Ameriprise Financial 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kemper Corporation 401(k) Retirement Plan in IL (9,308 participants, $807M 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 133180631.

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.