401(k) · DOL Form 5500 · 2023
Api Group, Inc. 401(k) Plan
Data updated 2026-08-25
- $567M
- Total assets Above avg plan size
- 5,691
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $99,547
- Avg per participant Below avg balance/head
Official DOL plan name: Api Group, Inc. 401(k) & Profit Sharing Plan · Sponsored by Api Group, Inc. · Minnesota · Wholesale Trade
$567M in assets, 5,691 participants
Api Group, Inc.'s Api Group, Inc. 401(k) & Profit Sharing Plan reported $567M in total assets and 5,691 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.
- #6,213 in Wholesale Trade (6,309 peers)
Coverage in Minnesota
Api Group, Inc. 401(k) & Profit Sharing Plan covers 5,691 participants in Minnesota, 5.1x the typical Minnesota plan (state average ~1,126 per filing). Assets: $567M.
- #6,213
- in Wholesale Trade (6,309 peers)
- +28.8%
- assets growth YoY
- 5.7×
- vs typical plan assets (national mean)
Api Group, Inc. 401(k) & Profit Sharing Plan's outsized position by total assets
Api Group, Inc. 401(k) & Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$566,520,682 Top 2% higher than 98% 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
Api Group, Inc. 401(k) & Profit Sharing 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. Api Group, Inc. 401(k) & Profit Sharing Plan lands in the large band (5,691 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Api Group, Inc. 401(k) & Profit Sharing Plan reported net income rose from -$97M in the plan year 2022 filing to $125M in the plan year 2023 filing.
- Api Group, Inc. 401(k) & Profit Sharing Plan end-of-year assets rose from $440M in the plan year 2022 filing to $567M in the plan year 2023 filing.
- Api Group, Inc. 401(k) & Profit Sharing Plan reported participants rose from 5,406 in the plan year 2022 filing to 5,691 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 411858188 · Api Group, Inc. PY 2023 · 401(k)
Api Group, Inc. 401(k) & Profit Sharing Plan · $567M · 5,691 · 98th
- BOY $567M
- BOY 5,691
- BOY 98th
- BOY 401(k)
- BOY near Accruewise Pep
- BOY ind #6213
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 Minnesota →
Api Group, Inc. 401(k) & Profit Sharing Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $440M |
|---|---|
| Net Assets (End of Year) | $567M |
| Net Income | $125M |
| Employer EIN | 411858188 |
| Plan Effective Date | 1953-04-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Api Group, Inc.)
Sponsor-wide plan assets over time
All Api Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $839M 51.085605922856715% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 11,149 | $556M |
| 2023 | 3 | 11,693 | $703M |
| 2024 | 3 | 11,640 | $839M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Scale composition for Api Group, Inc. 401(k) & Profit Sharing Plan
Api Group, Inc. 401(k) & Profit Sharing Plan reports $567M in end-of-year assets across 5,691 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $99,547 per participant (72% of the national average assets-per-participant) . Net income for plan year 2023 was $125M.
This plan identity (EIN 411858188, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $440M to $676M (+53.6%) while covered participants moved from 5,406 to 4,810 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,406 | $440M | Open filing |
| 2023 | 5,691 | $567M | This page |
| 2024 · index core | 4,810 | $676M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Api Group, Inc. 401(k) & Profit Sharing Plan (401(k), $676M, 4,810 participants)
- Api Group, Inc. Safe Harbor 401(k) & Profit Sharing Plan (401(k), $150M, 3,421 participants)
- Api Group, Inc. Employee Stock Ownership Plan (ESOP, $14M, 3,409 participants)
Api Group, Inc. 401(k) & Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Accruewise Pep in NJ ($567M); by covered participants it is Management Registry 401(k) Plan in KY (5,691 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($567M here).
- Accruewise Pep (NJ) $567M · 5,267
- Horizon Air Savings Investment Plan (WA) $566M · 4,550
- Ccl Industries 401(k) Profit-Sharing Plan (MA) $567M · 4,124
- Eisner Advisory Group, LLC Retirement Plan (NY) $567M · 2,683
Similar participant headcount
Nearest other-state filings by covered participants (5,691 participants); asset peers above are excluded.
- Management Registry 401(k) Plan (KY) 5,691 · 0 off
- Laz Karp Associates, LLC 401(k) Plan (CT) 5,690 · 1 off
- Bob's Discount Furniture 401(k) Profit Sharing Plan (CT) 5,697 · 6 off
- Autodesk 401(k) Plan (CA) 5,684 · 7 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.