401(k) · DOL Form 5500 · 2023

Api Group, Inc. 401(k) Plan

Data updated 2026-08-11

$567M
Total assets
5,691
Participants
98th
Percentile by assets
$99,547
Avg per participant
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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.

  • 98th percentile by assets (of 127,072 plans)
  • #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.

$567M
total plan assets (2023 EOY)
5,691
covered participants
98th
percentile by assets (of 127,072 plans)
$99,547
avg assets per participant

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.

See the national 2023→2024 release diff →

State
Minnesota
Industry
Wholesale Trade

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Api Group, Inc. 401(k) & Profit Sharing Plan reports 5,691 participants - 5.1x that state average ($567M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$440M
Net Assets (End of Year)$567M
Net Income$125M
Employer EIN411858188
Plan Effective Date1953-04-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Api Group, Inc.)

$500M$600M$700M$800M$900M 202220232024 $556M $839M ▲ +51.1%
Total plan assets by year, all Api Group, Inc. plans on file
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.

Api Group, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Api Group, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Api Group, Inc. 401(…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Api Group, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Api Group, Inc. 401(k) & Profit Sharing … side-by-side with 3 peers →

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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Api Group, Inc. 401(k) & Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Api Group, Inc. 401(k) & Profit Sharing Plan assets move in 2023? ▼
Api Group, Inc. 401(k) & Profit Sharing Plan grew sharply - up 28.8% during 2023, from $440M to $567M. Reported net income was $125M.
How have Api Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Api Group, Inc.'s sponsor-wide assets grew 51.1%, from $556M to $839M.
Where does Api Group, Inc. 401(k) & Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Api Group, Inc. 401(k) & Profit Sharing Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Api Group, Inc. 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Accruewise Pep in NJ ($567M, 5,267 participants).

Next read for Api Group, Inc. 401(k) & Profit Sharing …

Filing takeaways

Ways to act on Api Group, Inc. 401(k) & Profit Sharing Plan's numbers.

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 411858188.

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.