401(k) · DOL Form 5500 · 2024

Api Group, Inc. 401(k) Plan

Data updated 2026-08-11

$676M
Total assets
4,810
Participants
98th
Percentile by assets
$140,480
Avg per participant
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Official DOL plan name: Api Group, Inc. 401(k) & Profit Sharing Plan · Sponsored by Api Group, Inc. · Minnesota · Wholesale Trade

$676M in assets, 4,810 participants

Api Group, Inc.'s Api Group, Inc. 401(k) & Profit Sharing Plan reported $676M in total assets and 4,810 participants in its 2024 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.

  • 98th percentile by assets (of 123,622 plans)
  • #5,998 in Wholesale Trade (6,080 peers)

Coverage in Minnesota

Api Group, Inc. 401(k) & Profit Sharing Plan covers 4,810 participants in Minnesota, 4.3x the typical Minnesota plan (state average ~1,126 per filing). Assets: $676M.

$676M
total plan assets (2024 EOY)
4,810
covered participants
98th
percentile by assets (of 123,622 plans)
$140,480
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Api Group, Inc. 401(k) & Profit Sharing Plan reported net income fell from $125M in the plan year 2023 filing to $92M in the plan year 2024 filing.
  • Api Group, Inc. 401(k) & Profit Sharing Plan end-of-year assets rose from $567M in the plan year 2023 filing to $676M in the plan year 2024 filing.
  • Api Group, Inc. 401(k) & Profit Sharing Plan reported participants fell from 5,691 in the plan year 2023 filing to 4,810 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Api Group, Inc. 401(k) & Profit Sharing Plan reports 4,810 participants - 4.3x that state average ($676M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$567M
Net Assets (End of Year)$676M
Net Income$92M
Employer EIN411858188
Plan Effective Date1953-04-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Api Group, Inc.)

$500M$600M$700M$800M$900M 202220232024 $556M $839M ▲ +51.1%
Total plan assets by year, all Api Group, Inc. plans on file
Year Plans Participants Total Assets
2022 3 11,149 $556M
2023 3 11,693 $703M
2024 3 11,640 $839M

Nearby 401(k) Plans in Minnesota

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

Api Group, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Api Group, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Api Group, Inc. 401(…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Api Group, Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Api Group, Inc. 401(k) & Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Api Group, Inc. 401(k) & Profit Sharing Plan assets move in 2024?
Api Group, Inc. 401(k) & Profit Sharing Plan grew sharply - up 19.3% during 2024, from $567M to $676M. Reported net income was $92M.
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.
Where does Api Group, Inc. 401(k) & Profit Sharing Plan rank by assets among Form 5500 filers?
Api Group, Inc. 401(k) & Profit Sharing Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Api Group, Inc. 401(k) & Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Domtar US Salaried 401(k) Plan in SC ($676M, 1,705 participants).

Next read for Api Group, Inc. 401(k) & Profit Sharing …

Filing takeaways

Ways to act on Api Group, Inc. 401(k) & Profit Sharing Plan's numbers.