401(k) · DOL Form 5500 · 2024

Piper Sandler Companies 401(k) Plan

Data updated 2026-08-25

$692M
Total assets Above avg plan size
1,761
Participants Near avg headcount
98th
Percentile by assets National rank
$393,035
Avg per participant High balance/head
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Official DOL plan name: Piper Sandler Companies Retirement Plan · Sponsored by Piper Sandler Companies · Minnesota · Finance & Insurance

$692M in assets, 1,761 participants

Piper Sandler Companies's Piper Sandler Companies Retirement Plan reported $692M in total assets and 1,761 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.

  • #8,216 in Finance & Insurance (8,549 peers)

Where Piper Sandler Companies Retirement Plan sits by assets

Piper Sandler Companies Retirement Plan sits in the top 5% of all filed plans by assets, $692M for 1,761 participants (~$393,035/participant), up 18.5% in 2024.

#8,216
in Finance & Insurance (8,549 peers)
+18.5%
assets growth YoY
6.9×
vs typical plan assets (national mean)

Piper Sandler Companies Retirement Plan's outsized position by total assets

Piper Sandler Companies Retirement Plan vs every filed plan by assets

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

$692,134,499 Top 2% higher than 98% 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

Piper Sandler Companies Retirement 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. Piper Sandler Companies Retirement Plan lands in the large band (1,761 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Piper Sandler Companies Retirement Plan end-of-year assets rose from $584M in the plan year 2023 filing to $692M in the plan year 2024 filing.
  • Piper Sandler Companies Retirement Plan reported net income rose from $101M in the plan year 2023 filing to $108M in the plan year 2024 filing.
  • Piper Sandler Companies Retirement Plan reported participants fell from 1,814 in the plan year 2023 filing to 1,761 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 300168701 · Piper Sandler Companies PY 2024 · 401(k)

Piper Sandler Companies Retirement Plan · $692M · 1,761 · 98th

  • VS-ST $692M
  • VS-ST 1,761
  • VS-ST 98th
  • VS-ST 401(k)
  • VS-ST near Panduit 401(k) and Profit Sharing Plan
  • VS-ST ind #8216

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 →

Piper Sandler Companies Retirement Plan in the asset neighbourhood

Menasha Corporation 401(k) Retirement Savings PlanMenasha Corporation 401(k) R…$693MJ.M. Huber Coporation 401(k) Savings PlanJ.M. Huber Coporation 401(k)…$692MPanduit 401(k) and Profit Sharing PlanPanduit 401(k) and Profit Sh…$692MPiper Sandler Companies Retirement PlanPiper Sandler Companies Reti…$692MThe Scotts Company LLC Retirement Savings PlanThe Scotts Company LLC Retir…$691M
End-of-year total assets ($M) among Piper Sandler Companies Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$584M
Net Assets (End of Year)$692M
Net Income$108M
Employer EIN300168701
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Piper Sandler Companies)

Sponsor-wide plan assets over time

All Piper Sandler Companies plans reported in each filing year

Latest sponsor-wide plan assets
$692M 43.3207125108337% vs 2022
2024 filing year
$400M$500M$600M$700M$800M 202220232024 $483M $692M ▲ +43.3%
Year Plans Participants Total Assets
2022 1 1,674 $483M
2023 1 1,814 $584M
2024 1 1,761 $692M

Nearby 401(k) Plans in Minnesota

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

Piper Sandler Companies Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Piper Sandler Companies Retirement Plan, Total assets ($B): 0.692134499 · Participants: 1761Piper Sandler Companies Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Piper Sandler Companies Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Piper Sandler Companies Retirement Plan side-by-side with 3 peers →

Piper Sandler Companies Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Panduit 401(k) and Profit Sharing Plan in IL ($692M); by covered participants it is Hotwire Communications 401(k) Plan in FL (1,761 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($692M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,761 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 Piper Sandler Companies Retirement Plan assets move in 2024? ▼
Piper Sandler Companies Retirement Plan grew sharply - up 18.5% during 2024, from $584M to $692M. Reported net income was $108M.
How have Piper Sandler Companies plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Piper Sandler Companies's sponsor-wide assets grew 43.3%, from $483M to $692M.
Where does Piper Sandler Companies Retirement Plan rank by assets among Form 5500 filers? ▼
Piper Sandler Companies Retirement 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 Piper Sandler Companies Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Panduit 401(k) and Profit Sharing Plan in IL ($692M, 1,472 participants).
Which 401(k) plans cover a similar participant headcount to Piper Sandler Companies Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hotwire Communications 401(k) Plan in FL (1,761 participants, $37M in assets).

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 300168701.

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.