ESOP · DOL Form 5500 · 2024
Api Group, Inc. ESOP
Data updated 2026-07-24
- $14M
- Total assets
- 3,409
- Participants
- 62nd
- Percentile by assets
- $3,971
- Avg per participant
Official DOL plan name: Api Group, Inc. Employee Stock Ownership Plan · Sponsored by Api Group, Inc. · Minnesota · Construction
$14M in assets, 3,409 participants
Api Group, Inc.'s Api Group, Inc. Employee Stock Ownership Plan reported $14M in total assets and 3,409 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.
- 62nd percentile by assets (of 116,472 plans)
Coverage in Minnesota
Api Group, Inc. Employee Stock Ownership Plan covers 3,409 participants in Minnesota, 2.9x the typical Minnesota plan (state average ~1,161 per filing). Assets: $14M.
- $14M
- total plan assets (2024 EOY)
- 3,409
- covered participants
- 62nd
- percentile by assets (of 116,472 plans)
- $3,971
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Api Group, Inc. Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2023 filing to $655K in the plan year 2024 filing.
- Api Group, Inc. Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2023 filing to $14M in the plan year 2024 filing.
- Api Group, Inc. Employee Stock Ownership Plan reported participants fell from 3,421 in the plan year 2023 filing to 3,409 in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Api Group, Inc. Employee Stock Ownership Plan reports 3,409 participants - 2.9x that state average ($14M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $13M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | $655K |
| Employer EIN | 411858188 |
| Plan Effective Date | 1984-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Api Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 11,149 | $556M |
| 2023 | 3 | 11,693 | $703M |
| 2024 | 3 | 11,640 | $839M |
Nearby ESOP Plans in Minnesota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Api Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
- Andersen Corporation Employee Stock Ownership Plan $963M · 12,104
- Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $594M · 490
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $594M · 782
- Ablenet, Inc. Employee Stock Ownership Plan $460M · 134
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust $424M · 4,375
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Api Group, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Api Group, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
How have Api Group, Inc. plan assets changed over time? ▼
Which ESOP plans are similar in size to Api Group, Inc. Employee Stock Ownership Plan? ▼
Next read for Api Group, Inc. Employee Stock Ownership…
Filing takeaways
Ways to act on Api Group, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Api Group, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
- Api Group, Inc.'s sponsor-wide assets have grown 51.1% since 2022 across 3 plan years on file. More Construction 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 411858188.
Read our methodology - how this data is sourced, computed, and verified.