401(k) · DOL Form 5500 · 2024

Air Products & Chemicals, Inc. 401(k) Plan

Data updated 2026-08-06

$2.7B
Total assets
6,170
Participants
99th
Percentile by assets
$442,935
Avg per participant
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Official DOL plan name: Air Products & Chemicals, Inc. Retirement Savings Plan · Sponsored by Air Products & Chemicals, Inc. · Pennsylvania · Manufacturing

$2.7B in assets, 6,170 participants

Air Products & Chemicals, Inc.'s Air Products & Chemicals, Inc. Retirement Savings Plan reported $2.7B in total assets and 6,170 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

Air Products & Chemicals, Inc. Retirement Savings Plan covers 6,170 participants in Pennsylvania, 7.5x the typical Pennsylvania plan (state average ~824 per filing). Assets: $2.7B.

$2.7B
total plan assets (2024 EOY)
6,170
covered participants
99th
percentile by assets (of 116,472 plans)
$442,935
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Air Products & Chemicals, Inc. Retirement Savings Plan reported net income fell from $173M in the plan year 2023 filing to $150M in the plan year 2024 filing.
  • Air Products & Chemicals, Inc. Retirement Savings Plan reported participants rose from 5,733 in the plan year 2023 filing to 6,170 in the plan year 2024 filing.
  • Air Products & Chemicals, Inc. Retirement Savings Plan end-of-year assets rose from $2.6B in the plan year 2023 filing to $2.7B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Air Products & Chemicals, Inc. Retirement Savings Plan reports 6,170 participants - 7.5x that state average ($2.7B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2.6B
Net Assets (End of Year)$2.7B
Net Income$150M
Employer EIN231274455
Plan Effective Date1957-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Air Products & Chemicals, Inc.)

$2B$3B$4B$5B$6B 202220232024 $4.71B $2.73B ▼ -42.0%
Total plan assets by year, all Air Products & Chemicals, Inc. plans on file
Year Plans Participants Total Assets
2022 3 6,869 $4.7B
2023 3 7,105 $5.1B
2024 1 6,170 $2.7B

Nearby 401(k) Plans in Pennsylvania

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

Air Products & Chemicals, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Air Products & Chemicals, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Air Products & Chemi…Comcast Corporation …The Cigna Group 401(…The Vanguard Retirem…Thermo Fisher Scient…The PNC Financial Se…
Air Products & Chemicals, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Air Products & Chemicals, Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Air Products & Chemicals, Inc. Retirement Savings Plan assets move in 2024?
Air Products & Chemicals, Inc. Retirement Savings Plan grew at a solid clip - up 5.8% during 2024, from $2.6B to $2.7B. Reported net income was $150M.
How have Air Products & Chemicals, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Air Products & Chemicals, Inc.'s sponsor-wide assets declined 41.9%, from $4.7B to $2.7B.
Where does Air Products & Chemicals, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Air Products & Chemicals, Inc. Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Air Products & Chemicals, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Canon Employee Savings and Retirement Plan in NY ($2.7B, 7,400 participants).

Next read for Air Products & Chemicals, Inc. Retiremen…

Filing takeaways

Ways to act on Air Products & Chemicals, Inc. Retirement Savings Plan's numbers.

  • By total assets, Air Products & Chemicals, Inc. Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
  • Air Products & Chemicals, Inc.'s sponsor-wide assets have declined 41.9% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 231274455.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.