401(k) · DOL Form 5500 · 2023

Api Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
162
Participants Small participant base
57th
Percentile by assets National rank
$57,773
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Aluf Plastics Profit Sharing Plan · Sponsored by Api Industries, Inc. · New York · Wholesale Trade

$9M in assets, 162 participants

Api Industries, Inc.'s Aluf Plastics Profit Sharing Plan reported $9M in total assets and 162 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #3,076 in Wholesale Trade (6,309 peers)

Coverage in New York

Aluf Plastics Profit Sharing Plan covers 162 participants in New York, about 20% of the average New York filer (state average ~798 per filing). Assets: $9M.

#3,076
in Wholesale Trade (6,309 peers)
+32.3%
assets growth YoY

Aluf Plastics Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Aluf Plastics Profit Sharing Plan vs every filed plan by assets

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

$9,359,158 Top 43% higher than 57% 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

Aluf Plastics Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Aluf Plastics Profit Sharing Plan sits mid-pack in the medium band (162 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Aluf Plastics Profit Sharing Plan reported net income rose from -$934K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Aluf Plastics Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Aluf Plastics Profit Sharing Plan reported participants rose from 143 in the plan year 2022 filing to 162 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 222170598 · Api Industries, Inc. PY 2023 · 401(k)

Aluf Plastics Profit Sharing Plan · $9M · 162 · 57th

  • BOY $9M
  • BOY 162
  • BOY 57th
  • BOY 401(k)
  • BOY near Associated Administrators LLC 401(k) Ps Plan
  • BOY ind #3076

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 Wholesale Trade retirement plans → · Plans in New York →

Aluf Plastics Profit Sharing Plan in the asset neighbourhood

Aluf Plastics Profit Sharing PlanAluf Plastics Profit Sharing…$9MAssociated Administrators LLC 401(k) Ps PlanAssociated Administrators LL…$9MS.B. Collins, Inc. 401(k) PlanS.B. Collins, Inc. 401(k) Pl…$9MColeman Engineering Company Retirement PlanColeman Engineering Company …$9MScheen & Smith, P.S.C. Profit Sharing and 401(k) PlanScheen & Smith, P.S.C. Profi…$9M
End-of-year total assets ($M) among Aluf Plastics Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN222170598
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Api Industries, Inc.)

Sponsor-wide plan assets over time

All Api Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 57.90713854792693% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.07M $11.2M ▲ +58.0%
Year Plans Participants Total Assets
2022 1 143 $7M
2023 1 162 $9M
2024 1 161 $11M

Nearby 401(k) Plans in New York

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

Aluf Plastics Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Aluf Plastics Profit Sharing Plan, Total assets ($B): 0.009359158 · Participants: 162Aluf Plastics Profit Sharing PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Aluf Plastics Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Aluf Plastics Profit Sharing Plan side-by-side with 3 peers →

Aluf Plastics Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Associated Administrators LLC 401(k) Ps Plan in MD ($9M); by covered participants it is Marine Bank, Etal Employees' 401(k) Profit Sharing Plan & Trust in IL (162 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (162 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 Aluf Plastics Profit Sharing Plan assets move in 2023? ▼
Aluf Plastics Profit Sharing Plan surged - up 32.3% during 2023, from $7M to $9M. Reported net income was $2M.
How have Api Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Api Industries, Inc.'s sponsor-wide assets grew 57.9%, from $7M to $11M.
Which 401(k) plans are similar in size to Aluf Plastics Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Associated Administrators LLC 401(k) Ps Plan in MD ($9M, 182 participants).
Which 401(k) plans cover a similar participant headcount to Aluf Plastics Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Marine Bank, Etal Employees' 401(k) Profit Sharing Plan & Trust in IL (162 participants, N/A 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 222170598.

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.