Plan Ledger DOL Form 5500 · updated monthly

Api Group Holding, Inc401(k)

API GROUP 401(K) PLAN · SUGAR LAND, TX · plan year 2022

Reported admin expense ratio · 2022
0.38%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Api Group Holding, Inc reported $8,911 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $816 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,783rd of 5,688), and 12,640th of 13,661 in manufacturing. In 2022, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,368,156
Participants with balances530
Active participants973
Employer contributions$793,768
Employee contributions$1,317,576
Employer contribution per active participant$816
Average account balance$4,468
Benefits paid to participants$11,521
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,911
Total administrative$8,911
The Api Group Holding, Inc 401(k) match · 2022
Employer contribution per active participant$816
Median for plans this size$1,114

Api Group Holding, Inc's 2022 employer contribution ran below the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,911 · 0.38%
Similar plansManufacturing · Texas
Petroflex N.A.Ltd TX$2.4M · 0.18%
Poole Chemical Co. Inc. TX$2.4M · 0.69%
Quest USA Inc TX$2.3M · 1.22%
Stanpac USA, LLC TX$2.2M · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464394590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.