Api Group 401(k) match, vesting and fees
What Api Group's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Redpath and Company LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 56 defined-contribution plans in wholesale trade with 5,000 to 9,999 participants.
| Api Group: employer contribution per participant | $4,560 | |
| Peer median | $2,404 |
| Api Group: average balance | $105,070 | |
| Peer median | $85,831 |
| Api Group: admin expenses ÷ assets | 0.09% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $567M at the end of plan year 2023 to $676M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 6,801 | $676M | $29.3M | $4,560 | 0.09% | Not published | Form 5500 ↗ |
| 2023 | 7,311 | $567M | $24.1M | $3,990 | 0.10% | Not published | Form 5500 ↗ |
Other Api Group plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Api Group, Inc. Safe Harbor 401(k) & Profit Sharing Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Schwab Retirement Plan Services,inc | Schedule C ↗ |
| Independent auditor | Redpath and Company, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Api Group, Inc. Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Redpath and Company, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Api Group match 401(k) contributions?
The match terms for the Api Group, Inc. 401(k) & Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $29.3M in employer contributions, about $4,560 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Api Group 401(k) match vested?
The vesting schedule for the Api Group, Inc. 401(k) & Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Api Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services,inc. The plan administrator is Api Group, Inc..
I left Api Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Api Group, Inc., (651) 604-2700) or the recordkeeper, Schwab Retirement Plan Services,inc. The Api Group old 401(k) page lists the contacts from every plan filing. Find an old Api Group 401(k)
Data from the public Form 5500 annual reports Api Group filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Api Group. Not financial advice. Report a correction · Methodology