ESOP · DOL Form 5500 · 2024

Api Group, Inc. ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
3,409
Participants Above avg headcount
62nd
Percentile by assets National rank
$3,971
Avg per participant Low balance/head
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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.

  • #5,480 in Construction (9,039 peers)

Coverage in Minnesota

Api Group, Inc. Employee Stock Ownership Plan covers 3,409 participants in Minnesota, 3.0x the typical Minnesota plan (state average ~1,126 per filing). Assets: $14M.

#5,480
in Construction (9,039 peers)
+5.1%
assets growth YoY

Api Group, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Api Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$13,536,217 Top 38% higher than 62% of 123,620 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 2024

Api Group, Inc. Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Api Group, Inc. Employee Stock Ownership Plan lands in the large band (3,409 participants).

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.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411858188 · Api Group, Inc. PY 2024 · ESOP

Api Group, Inc. Employee Stock Ownership Plan · $14M · 3,409 · 62nd

  • SCH $14M
  • EBSA 3,409
  • PART 62nd
  • TYPE ESOP
  • NET near Daco Precision-Tool Employee Stock Ownership Plan
  • BOOK ind #5480

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 What is an ESOP? → · Plans in Minnesota →

Api Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Api Group, Inc. Employee Stock Ownership PlanApi Group, Inc. Employee Sto…$14MDaco Precision-Tool Employee Stock Ownership PlanDaco Precision-Tool Employee…$14MRed River Refrigeration Employee Stock Ownership PlanRed River Refrigeration Empl…$14MCrescent Systems, Inc. Employee Stock Ownership Plan and TrustCrescent Systems, Inc. Emplo…$14MLanford Brothers Company, Inc. Employee Stock Ownership PlanLanford Brothers Company, In…$14M
End-of-year total assets ($M) among Api Group, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income$655K
Employer EIN411858188
Plan Effective Date1984-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Api Group, Inc.)

Sponsor-wide plan assets over time

All Api Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$839M 51.085605922856715% vs 2022
2024 filing year
$500M$600M$700M$800M$900M 202220232024 $556M $839M ▲ +51.1%
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 Scatter plot of 6 data points. -5000050001000015000 -500050010001500 Total assets ($M) Participants Api Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 13.536217 · Participants: 3409Api Group, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
Api Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Api Group, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Daco Precision-Tool Employee Stock Ownership Plan in WI ($14M); by covered participants it is Stewart's Shops Corp Employee Stock Ownership Plan in NY (3,483 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,409 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Api Group, Inc. Employee Stock Ownership Plan assets move in 2024?
Api Group, Inc. Employee Stock Ownership Plan grew at a solid clip - up 5.1% during 2024, from $13M to $14M. Reported net income was $655K.
How have Api Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Api Group, Inc.'s sponsor-wide assets grew 51.1%, from $556M to $839M.
Which ESOP plans are similar in size to Api Group, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Daco Precision-Tool Employee Stock Ownership Plan in WI ($14M, 37 participants).
Which ESOP plans cover a similar participant headcount to Api Group, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Stewart's Shops Corp Employee Stock Ownership Plan in NY (3,483 participants, $897M in assets).