401(k) · DOL Form 5500 · 2024

Piper Sandler Companies 401(k) Plan

Data updated 2026-07-24

$692M
Total assets: 1,761
Participants: 98th
Percentile by assets: $393,035
Avg per participant

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.

98th percentile by assets (of 116,472 plans)

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.

$692M
total plan assets (2024 EOY): 1,761
covered participants: 98th
percentile by assets (of 116,472 plans): $393,035
avg assets per participant

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 →

State

Minnesota

Industry

Finance & Insurance

Piper Sandler Companies Retirement Plan vs the 2024 asset distribution

By assets, Piper Sandler Companies Retirement Plan outranks 98% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 6.9x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$584M
Net Assets (End of Year)	$692M
Net Income	$108M
Employer EIN	300168701
Plan Effective Date	2002-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Piper Sandler Companies)

Total plan assets by year, all Piper Sandler Companies plans on file

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

Wells Fargo & Company 401(k) Plan $57.9B · 179,076
Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
Target Corporation 401(k) Plan $14.4B · 409,649
Medtronic Savings and Investment Plan $13.7B · 38,480
U.S. Bank 401(k) Savings Plan $11.4B · 73,109

Compare Piper Sandler Companies Retirement Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Piper Sandler Companies Retirement Plan by total assets, not by location.

Panduit 401(k) and Profit Sharing Plan (IL) $692M · 1,472
J.M. Huber Coporation 401(k) Savings Plan (GA) $692M · 2,337
Menasha Corporation 401(k) Retirement Savings Plan (WI) $693M · 5,037
The Scotts Company LLC Retirement Savings Plan (OH) $691M · 4,668

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 116,472 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).

Next read for Piper Sandler Companies Retirement Plan

Scale reading

Ways to act on Piper Sandler Companies Retirement Plan's numbers.

By total assets, Piper Sandler Companies Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
Piper Sandler Companies's sponsor-wide assets have grown 43.3% since 2022 across 3 plan years on file. More Finance & Insurance 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 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.