ESOP · DOL Form 5500 · 2023
Api Group, Inc. ESOP
Data updated 2026-08-11
- $13M
- Total assets
- 3,421
- Participants
- 64th
- Percentile by assets
- $3,765
- Avg per participant
Official DOL plan name: Api Group, Inc. Employee Stock Ownership Plan · Sponsored by Api Group, Inc. · Minnesota · Construction
$13M in assets, 3,421 participants
Api Group, Inc.'s Api Group, Inc. Employee Stock Ownership Plan reported $13M in total assets and 3,421 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.
- 64th percentile by assets (of 127,072 plans)
- #5,641 in Construction (9,030 peers)
Coverage in Minnesota
Api Group, Inc. Employee Stock Ownership Plan covers 3,421 participants in Minnesota, 3.0x the typical Minnesota plan (state average ~1,126 per filing). Assets: $13M.
- $13M
- total plan assets (2023 EOY)
- 3,421
- covered participants
- 64th
- percentile by assets (of 127,072 plans)
- $3,765
- avg assets per participant
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Api Group, Inc. Employee Stock Ownership Plan sits by total assets
Api Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$12,878,777 Top 36% higher than 64% 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
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Api Group, Inc. Employee Stock Ownership Plan reported net income rose from -$15M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
- Api Group, Inc. Employee Stock Ownership Plan end-of-year assets fell from $14M in the plan year 2022 filing to $13M in the plan year 2023 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Api Group, Inc. Employee Stock Ownership Plan reports 3,421 participants - 3.0x that state average ($13M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | -$1M |
| Employer EIN | 411858188 |
| Plan Effective Date | 1984-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Api Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 11,149 | $556M |
| 2023 | 3 | 11,693 | $703M |
| 2024 | 3 | 11,640 | $839M |
Nearby ESOP Plans in Minnesota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Andersen Corporation Employee Stock Ownership Plan $899M · 11,644
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $498M · 789
- Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $432M · 446
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust $432M · 4,575
- Force America Inc. Employee Stock Ownership Plan $427M · 412
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Api Group, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Api Group, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
How have Api Group, Inc. plan assets changed over time? ▼
Which ESOP plans are similar in size to Api Group, Inc. Employee Stock Ownership Plan? ▼
Next read for Api Group, Inc. Employee Stock Ownership…
Filing takeaways
Ways to act on Api Group, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Api Group, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
- Api Group, Inc.'s sponsor-wide assets have grown 51.1% since 2022 across 3 plan years on file. More Construction plans