Defined Benefit (Pension) · DOL Form 5500 · 2024

Ameriprise Financial, Inc. Pension Plan

Data updated 2026-08-11

$922M
Total assets
4,747
Participants
98th
Percentile by assets
$194,161
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Ameriprise Financial Retirement Plan · Sponsored by Ameriprise Financial, Inc. · Minnesota · Finance & Insurance

$922M in assets, 4,747 participants

Ameriprise Financial, Inc.'s Ameriprise Financial Retirement Plan reported $922M in total assets and 4,747 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)
  • #8,280 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

Ameriprise Financial Retirement Plan covers 4,747 participants in Minnesota, 4.2x the typical Minnesota plan (state average ~1,126 per filing). Assets: $922M.

$922M
total plan assets (2024 EOY)
4,747
covered participants
98th
percentile by assets (of 123,622 plans)
$194,161
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ameriprise Financial Retirement Plan reported net income fell from $137M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • Ameriprise Financial Retirement Plan reported participants fell from 5,231 in the plan year 2023 filing to 4,747 in the plan year 2024 filing.
  • Ameriprise Financial Retirement Plan end-of-year assets rose from $881M in the plan year 2023 filing to $922M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Ameriprise Financial Retirement Plan reports 4,747 participants - 4.2x that state average ($922M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$881M
Net Assets (End of Year)$922M
Net Income$40M
Employer EIN133180631
Plan Effective Date2005-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ameriprise Financial, Inc.)

$3B$3.5B$4B$4.5B$5B 202220232024 $3.41B $4.54B ▲ +33.1%
Total plan assets by year, all Ameriprise Financial, Inc. plans on file
Year Plans Participants Total Assets
2022 2 14,744 $3.4B
2023 2 14,543 $4.1B
2024 2 14,042 $4.5B

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Ameriprise Financial Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Ameriprise Financial Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 051015 Total assets ($B) Participants Ameriprise Financial…Mayo Pension Plan3M Employee Retireme…Wells Fargo & Compan…U.S. Bank Pension PlanThe Travelers Pensio…
Ameriprise Financial Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Ameriprise Financial Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Ameriprise Financial Retirement Plan assets move in 2024?
Ameriprise Financial Retirement Plan edged up modestly - up 4.6% during 2024, from $881M to $922M. Reported net income was $40M.
How have Ameriprise Financial, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ameriprise Financial, Inc.'s sponsor-wide assets grew 33.0%, from $3.4B to $4.5B.
Where does Ameriprise Financial Retirement Plan rank by assets among Form 5500 filers?
Ameriprise Financial 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 Defined Benefit (Pension) plans are similar in size to Ameriprise Financial Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Suburban Teamsters of Northern Illinois Pension Plan in IL ($922M, 3,044 participants).

Next read for Ameriprise Financial Retirement Plan

Filing takeaways

Ways to act on Ameriprise Financial Retirement Plan's numbers.