American Fire Protection Group 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

American Fire Protection Group 401(k) Plan Facts (plan year 2021)

Plan name
API GROUP, INC. SAFE HARBOR 401(K) & PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
AMERICAN FIRE PROTECTION GROUP
Participants
2,910 (2,693 active employees)
Former employees with a balance
523
Plan assets
$119,632,976 at Dec 31, 2021
Average account balance
$78,089 across 1,532 accounts
Employer contributions
$2,574,543 in plan year 2021 (33% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Mar 1, 2012
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 17, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $7.90 million went into the plan in contributions, $2.57 million of it from the employer (33%).
  • $11.6 million was paid out to participants.
  • Investment and other income added $14.9 million.
  • Administrative expenses were $176,194, about $115 per account.

How the American Fire Protection Group 401(k) changed, 20162021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016803$26.3 million$1.68 million$1.94 million
20172,766$36.4 million$3.03 million$3.05 million
20184,484$48.5 million$4.99 million$5.48 million
20195,846$57.9 million$4.04 million$11.8 million
20203,893$108.7 million$7.51 million$12.9 million
20212,910$119.6 million$2.57 million$11.6 million

American Fire Protection Group 401(k) Contact Information

Phone
651-636-4320
Mailing address
1100 OLD HIGHWAY 8 NW, NEW BRIGHTON MN 55112
Plan sponsor
AMERICAN FIRE PROTECTION GROUP
Employer identification number (EIN)
45-4065183
Plan number
003

Questions about the American Fire Protection Group 401(k)

Is the American Fire Protection Group 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does American Fire Protection Group contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $2.57 million, 33% of all contributions.

Does the American Fire Protection Group 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the American Fire Protection Group 401(k) plan?

2,910 participants at the start of plan year 2021, 2,693 of them active employees, and 523 former employees who still had money in the plan.

What is the average 401(k) balance at American Fire Protection Group?

About $78,089 per account: $119.6 million in plan assets across 1,532 accounts with a balance at the end of plan year 2021.

Who manages the American Fire Protection Group 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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