401(k) · DOL Form 5500 · 2024

American Equity Investment Life Holding Company 401(k) Plan

Data updated 2026-08-11

$153M
Total assets
987
Participants
93rd
Percentile by assets
$154,788
Avg per participant
PlainRetire home → About this data

Official DOL plan name: American Equity Investment Profit Sharing and 401(k) Plan · Sponsored by American Equity Investment Life Holding Company · Iowa · Finance & Insurance

$153M in assets, 987 participants

American Equity Investment Life Holding Company's American Equity Investment Profit Sharing and 401(k) Plan reported $153M in total assets and 987 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #7,607 in Finance & Insurance (8,549 peers)

Where American Equity Investment Profit Sharing and 401(k) Plan sits by assets

American Equity Investment Profit Sharing and 401(k) Plan sits in the top 10% of all filed plans by assets, $153M for 987 participants (~$154,788/participant), up 74.6% in 2024.

$153M
total plan assets (2024 EOY)
987
covered participants
93rd
percentile by assets (of 123,622 plans)
$154,788
avg assets per participant

Where American Equity Investment Profit Sharing and 401(k) Plan sits by total assets

American Equity Investment Profit Sharing and 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$152,776,044 Top 7% higher than 93% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • American Equity Investment Profit Sharing and 401(k) Plan end-of-year assets rose from $88M in the plan year 2023 filing to $153M in the plan year 2024 filing.
  • American Equity Investment Profit Sharing and 401(k) Plan reported net income fell from $20M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • American Equity Investment Profit Sharing and 401(k) Plan reported participants rose from 818 in the plan year 2023 filing to 987 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

American Equity Investment Profit Sharing and 401(k) Plan vs the 2024 asset distribution

By assets, American Equity Investment Profit Sharing and 401(k) Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$88M
Net Assets (End of Year)$153M
Net Income$14M
Employer EIN421447959
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Equity Investment Life Holding Company)

$100M$120M$140M$160M 202220232024 $112M $153M ▲ +37.0%
Total plan assets by year, all American Equity Investment Life Holding Company plans on file
Year Plans Participants Total Assets
2022 2 1,492 $112M
2023 3 2,387 $139M
2024 1 987 $153M

Nearby 401(k) Plans in Iowa

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

American Equity Investment Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

American Equity Investment Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants American Equity Inve…The Principal Select…The Rsm US LLP Retir…Iowa Health System S…The Hy-Vee and Affil…Transamerica 401(k) …
American Equity Investment Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to American Equity Investment Profit Sharing and 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did American Equity Investment Profit Sharing and 401(k) Plan assets move in 2024?
American Equity Investment Profit Sharing and 401(k) Plan surged - up 74.6% during 2024, from $88M to $153M. Reported net income was $14M.
How have American Equity Investment Life Holding Company plan assets changed over time?
Across 3 plan years on file (2022-2024), American Equity Investment Life Holding Company's sponsor-wide assets grew 37.0%, from $112M to $153M.
Where does American Equity Investment Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers?
American Equity Investment Profit Sharing and 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to American Equity Investment Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Boomi, LP 401(k) Plan in PA ($153M, 863 participants).

Next read for American Equity Investment Profit Sharin…

Scale reading

Ways to act on American Equity Investment Profit Sharing and 401(k) Plan's numbers.

  • By total assets, American Equity Investment Profit Sharing and 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Iowa. Compare plans
  • American Equity Investment Life Holding Company's sponsor-wide assets have grown 37.0% since 2022 across 3 plan years on file. More Finance & Insurance plans