401(k) · DOL Form 5500 · 2022

Donaldson Company, Inc. 401(k) Plan

Data updated 2026-08-11

$656M
Total assets
4,060
Participants
98th
Percentile by assets
$161,573
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan · Sponsored by Donaldson Company, Inc. · Minnesota · Manufacturing

$656M in assets, 4,060 participants

Donaldson Company, Inc.'s Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan reported $656M in total assets and 4,060 participants in its 2022 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 139,126 plans)
  • #20,016 in Manufacturing (20,602 peers)

Coverage in Minnesota

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan covers 4,060 participants in Minnesota, 3.6x the typical Minnesota plan (state average ~1,126 per filing). Assets: $656M.

$656M
total plan assets (2022 EOY)
4,060
covered participants
98th
percentile by assets (of 139,126 plans)
$161,573
avg assets per participant

The plan reported a net loss of $119M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan reports 4,060 participants - 3.6x that state average ($656M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$775M
Net Assets (End of Year)$656M
Net Income-$119M
Employer EIN410222640
Plan Effective Date1955-12-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Donaldson Company, Inc.)

$0.9B$0.95B$1B$1.05B$1.1B$1.15B 202220232024 $0.94B $1.1B ▲ +17.0%
Total plan assets by year, all Donaldson Company, Inc. plans on file
Year Plans Participants Total Assets
2022 3 5,542 $939M
2023 3 5,561 $1.0B
2024 3 5,454 $1.1B

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Donaldson Company, I…Unitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan assets move in 2022?
Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan declined sharply - down 15.4% during 2022, from $775M to $656M. Reported net income was -$119M.
How have Donaldson Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Donaldson Company, Inc.'s sponsor-wide assets grew 16.9%, from $939M to $1.1B.
Where does Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan?
Among 401(k) plans in other states, the closest by assets is Luxottica Group Tax Incentive Savings Plan in OH ($656M, 28,029 participants).

Next read for Donaldson Company, Inc. Retirement Savin…

Filing takeaways

Ways to act on Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan's numbers.

  • By total assets, Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Donaldson Company, Inc.'s sponsor-wide assets have grown 16.9% since 2022 across 3 plan years on file. More Manufacturing plans