Defined Benefit (Pension) · DOL Form 5500 · 2023

Ameriprise Financial, Inc. Pension Plan

Data updated 2026-08-25

$881M
Total assets Above avg plan size
5,231
Participants Above avg headcount
98th
Percentile by assets National rank
$168,514
Avg per participant Above avg balance/head
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Official DOL plan name: Ameriprise Financial Retirement Plan · Sponsored by Ameriprise Financial, Inc. · Minnesota · Finance & Insurance

$881M in assets, 5,231 participants

Ameriprise Financial, Inc.'s Ameriprise Financial Retirement Plan reported $881M in total assets and 5,231 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.

  • #8,620 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Ameriprise Financial Retirement Plan covers 5,231 participants in Minnesota, 4.6x the typical Minnesota plan (state average ~1,126 per filing). Assets: $881M.

#8,620
in Finance & Insurance (8,869 peers)
+18.4%
assets growth YoY
8.8×
vs typical plan assets (national mean)

Ameriprise Financial Retirement Plan's outsized position by total assets

Ameriprise Financial Retirement Plan vs every filed plan by assets

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

$881,496,733 Top 2% higher than 98% 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

Ameriprise Financial Retirement 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. Ameriprise Financial Retirement Plan lands in the large band (5,231 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ameriprise Financial Retirement Plan reported net income rose from $83M in the plan year 2022 filing to $137M in the plan year 2023 filing.
  • Ameriprise Financial Retirement Plan end-of-year assets rose from $744M in the plan year 2022 filing to $881M in the plan year 2023 filing.
  • Ameriprise Financial Retirement Plan reported participants fell from 5,652 in the plan year 2022 filing to 5,231 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 133180631 · Ameriprise Financial, Inc. PY 2023 · Defined Benefit (Pension)

Ameriprise Financial Retirement Plan · $881M · 5,231 · 98th

  • EIN $881M
  • RANK 5,231
  • PHOTO 98th
  • IND Defined Benefit (Pension)
  • EOY near Employees' Retirement Plan of the National Education Association
  • 5500 ind #8620

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Ameriprise Financial Retirement Plan in the asset neighbourhood

Southern California United Food and Commercial Workers Unions and Drug Employers Pension FundSouthern California United F…$884MLaborers District Council of W PA Pension FundLaborers District Council of…$883MAmeriprise Financial Retirement PlanAmeriprise Financial Retirem…$881MEmployees' Retirement Plan of the National Education AssociationEmployees' Retirement Plan o…$881MUfcw Local 1500 Pension Plan$880M
End-of-year total assets ($M) among Ameriprise Financial Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$744M
Net Assets (End of Year)$881M
Net Income$137M
Employer EIN133180631
Plan Effective Date2005-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ameriprise Financial, Inc.)

Sponsor-wide plan assets over time

All Ameriprise Financial, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4.5B 33.033594133784206% vs 2022
2024 filing year
$3B$3.5B$4B$4.5B$5B 202220232024 $3.41B $4.54B ▲ +33.1%
Year Plans Participants Total Assets
2022 2 14,744 $3.4B
2023 2 14,543 $4.1B
2024 2 14,042 $4.5B

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Ameriprise Financial Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Ameriprise Financial Retirement Plan, Total assets ($B): 0.881496733 · Participants: 5231Ameriprise Financial Retirement Plan3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Ameriprise Financial Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Ameriprise Financial Retirement Plan side-by-side with 3 peers →

Scale composition for Ameriprise Financial Retirement Plan

Ameriprise Financial Retirement Plan reports $881M in end-of-year assets across 5,231 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $168,514 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $137M.

This plan identity (EIN 133180631, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $744M to $922M (+23.8%) while covered participants moved from 5,652 to 4,747 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,652 $744M Open filing
2023 5,231 $881M This page
2024 · index core 4,747 $922M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Ameriprise Financial Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Employees' Retirement Plan of the National Education Association in DC ($881M); by covered participants it is Operating Engineers Local No. 825 Pension Fund in NJ (5,237 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,231 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 Ameriprise Financial Retirement Plan assets move in 2023? ▼
Ameriprise Financial Retirement Plan grew sharply - up 18.4% during 2023, from $744M to $881M. Reported net income was $137M.
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 33.0%, from $3.4B to $4.5B.
Where does Ameriprise Financial Retirement Plan rank by assets among Form 5500 filers? ▼
Ameriprise Financial Retirement 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 Defined Benefit (Pension) plans are similar in size to Ameriprise Financial Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Employees' Retirement Plan of the National Education Association in DC ($881M, 969 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ameriprise Financial Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Operating Engineers Local No. 825 Pension Fund in NJ (5,237 participants, $1.1B 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 133180631.

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.