401(k) · DOL Form 5500 · 2024

Ameriprise Financial, Inc. 401(k) Plan

Data updated 2026-08-06

$3.6B
Total assets
9,295
Participants
100th
Percentile by assets
$389,513
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Ameriprise Financial 401(k) Plan · Sponsored by Ameriprise Financial, Inc. · Minnesota · Finance & Insurance

$3.6B in assets, 9,295 participants

Ameriprise Financial, Inc.'s Ameriprise Financial 401(k) Plan reported $3.6B in total assets and 9,295 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 116,472 plans)
  • #8,164 in Finance & Insurance (8,240 peers)

Coverage in Minnesota

Ameriprise Financial 401(k) Plan covers 9,295 participants in Minnesota, 8.0x the typical Minnesota plan (state average ~1,161 per filing). Assets: $3.6B.

$3.6B
total plan assets (2024 EOY)
9,295
covered participants
100th
percentile by assets (of 116,472 plans)
$389,513
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ameriprise Financial 401(k) Plan end-of-year assets rose from $3.2B in the plan year 2023 filing to $3.6B in the plan year 2024 filing.
  • Ameriprise Financial 401(k) Plan reported net income fell from $495M in the plan year 2023 filing to $455M in the plan year 2024 filing.
  • Ameriprise Financial 401(k) Plan reported participants fell from 9,312 in the plan year 2023 filing to 9,295 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Ameriprise Financial 401(k) Plan reports 9,295 participants - 8.0x that state average ($3.6B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$3.2B
Net Assets (End of Year)$3.6B
Net Income$455M
Employer EIN133180631
Plan Effective Date2005-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ameriprise Financial, Inc.)

$3.2B$3.4B$3.6B$3.8B$4B$4.2B 202220232024 $3.41B $3.62B ▲ +6.2%
Total plan assets by year, all Ameriprise Financial, Inc. plans on file
Year Plans Participants Total Assets
2022 2 14,744 $3.4B
2023 2 14,543 $4.1B
2024 1 9,295 $3.6B

Nearby 401(k) Plans in Minnesota

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

Ameriprise Financial 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Ameriprise Financial 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 020406080 Total assets ($B) Participants Ameriprise Financial…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Ameriprise Financial 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Ameriprise Financial 401(k) Plan

Ameriprise Financial 401(k) Plan reports $3.6B in end-of-year assets across 9,295 participants (0.031% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.010% of 89,805,449 covered participants) - about $389,513 per participant (2.8x the national average assets-per-participant) . Net income for plan year 2024 was $455M.

This plan identity (EIN 133180631, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.6B (+35.6%) while covered participants moved from 9,092 to 9,295 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,092 $2.7B Open filing
2023 9,312 $3.2B Open filing
2024 · index core 9,295 $3.6B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ameriprise Financial 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Ameriprise Financial 401(k) Plan assets move in 2024?
Ameriprise Financial 401(k) Plan grew at a solid clip - up 14.3% during 2024, from $3.2B to $3.6B. Reported net income was $455M.
How have Ameriprise Financial, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ameriprise Financial, Inc.'s sponsor-wide assets grew 6.0%, from $3.4B to $3.6B.
Where does Ameriprise Financial 401(k) Plan rank by assets among Form 5500 filers?
Ameriprise Financial 401(k) Plan ranks in the 100th 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 Ameriprise Financial 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Anheuser-Busch 401(k) Savings and Retirement Plan in MO ($3.6B, 14,148 participants).

Next read for Ameriprise Financial 401(k) Plan

Filing takeaways

Ways to act on Ameriprise Financial 401(k) Plan's numbers.