Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
API GROUP, INC.
EIN 41-1858188facilities servicesLatest filing 2024
Plans
4
Retirement
3
$839.4M assets
Welfare
1
$3.0M premiums
Participants
22,188
1100 OLD HIGHWAY 8 NW - NEW BRIGHTON, MN 55112651-604-2700apigroupinc.comLinkedIn10001+ employeesfacilities services
Retirement portfolio analytics
3 plans aggregated / $839.4M assets / 15,556 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
98%top
- CHARLES SCHWAB & CO., INC.98%
- (Not disclosed)2%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
1 plan / $3.0M premiums / 7,747 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Life$1.1M
- Other$850K
- Long-term disability$607K
- Vision$401K
Carrier market share
Premium dollars by Schedule A carrier
38%top
- SECURIAN LIFE INSURANCE COMPANY38%
- RELIASTAR LIFE INSURANCE COMPANY24%
- THE LINCOLN NATIONAL LIFE INSURANCE COMPANY20%
- VISION SERVICE PLAN13%
- METROPOLITAN LIFE INSURANCE COMPANY5%
Broker market share
Schedule A broker compensation
53%top
- AON CONSULTING INC53%
- CUSTOM BENEFIT PROGRAMS INC43%
- JAMES D FLAKNE4%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
API GROUP, INC. 401(K) & PROFIT SHARING PLAN
401k
Assets$675.7M
Participants6,801
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#003
API GROUP, INC. SAFE HARBOR 401(K) & PROFIT SHARING PLAN
401k
Assets$150.2M
Participants4,363
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#002
API GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN
ESOP
Assets$13.5M
Participants4,392
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
API GROUP, INC. WELFARE BENEFIT PLAN
Mixed - SECURIAN LIFE INSURANCE COMPANY
Premiums$3.0M
Covered lives7,747
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans3
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | API GROUP, INC. 401(K) & PROFIT SHARING PLAN | 401k | $675.7M | 6,801 | 2024 | |
| 003 | API GROUP, INC. SAFE HARBOR 401(K) & PROFIT SHARING PLAN | 401k | $150.2M | 4,363 | 2024 | |
| 002 | API GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN | ESOP | $13.5M | 4,392 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | API GROUP, INC. WELFARE BENEFIT PLAN | Mixed | SECURIAN LIFE INSURANCE COMPANY | $3.0M | 7,747 | 2024 |
Retirement plans
Welfare plans