401(k) · DOL Form 5500 · 2022

Daikin Applied Americas Inc. 401(k) Plan

Data updated 2026-08-25

$408M
Total assets Above avg plan size
5,453
Participants Above avg headcount
98th
Percentile by assets National rank
$74,810
Avg per participant Below avg balance/head
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Official DOL plan name: Retirement Savings Plan for Daikin Group Affiliated Companies · Sponsored by Daikin Applied Americas Inc. · Minnesota · Manufacturing

$408M in assets, 5,453 participants

Daikin Applied Americas Inc.'s Retirement Savings Plan for Daikin Group Affiliated Companies reported $408M in total assets and 5,453 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.

  • #19,758 in Manufacturing (20,602 peers)

Coverage in Minnesota

Retirement Savings Plan for Daikin Group Affiliated Companies covers 5,453 participants in Minnesota, 4.8x the typical Minnesota plan (state average ~1,126 per filing). Assets: $408M.

#19,758
in Manufacturing (20,602 peers)
-8.5%
assets change YoY
4.1×
vs typical plan assets (national mean)

The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Savings Plan for Daikin Group Affiliated Companies's outsized position by total assets

Retirement Savings Plan for Daikin Group Affiliated Companies vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$407,936,368 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Retirement Savings Plan for Daikin Group Affiliated Companies's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Savings Plan for Daikin Group Affiliated Companies lands in the large band (5,453 participants).

Form 5500 schedule snapshot

Filing strip 410404230 · Daikin Applied Americas Inc. PY 2022 · 401(k)

Retirement Savings Plan for Daikin Group Affiliated Companies · $408M · 5,453 · 98th

  • PART $408M
  • TYPE 5,453
  • NET 98th
  • BOOK 401(k)
  • VS-ST near Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan
  • BOY ind #19758

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →

Retirement Savings Plan for Daikin Group Affiliated Companies in the asset neighbourhood

Mapfre U.S.a. Corp. Profit Sharing & 401(k) Savings PlanMapfre U.S.a. Corp. Profit S…$408MRetirement Savings Plan for Daikin Group Affiliated CompaniesRetirement Savings Plan for …$408MAlro Steel Corporation and Subsidiaries Retirement/401(k) PlanAlro Steel Corporation and S…$408MWestfield Employee Retirement Savings PlanWestfield Employee Retiremen…$408MThe Savings Plan for Graham Holdings CompanyThe Savings Plan for Graham …$408M
End-of-year total assets ($M) among Retirement Savings Plan for Daikin Group Affiliated Companies and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$446M
Net Assets (End of Year)$408M
Net Income-$37M
Employer EIN410404230
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Daikin Applied Americas Inc.)

Sponsor-wide plan assets over time

All Daikin Applied Americas Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$590M 44.58268207163133% vs 2022
2024 filing year
$300M$400M$500M$600M$700M 202220232024 $408M $590M ▲ +44.6%
Year Plans Participants Total Assets
2022 1 5,453 $408M
2023 1 5,930 $499M
2024 1 6,112 $590M

Nearby 401(k) Plans in Minnesota

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

Retirement Savings Plan for Daikin Group Affiliated Companies vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Retirement Savings Plan for Daikin Group Affiliated Companies, Total assets ($B): 0.407936368 · Participants: 5453Retirement Savings Plan for Daikin Group Affiliated CompaniesUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Retirement Savings Plan for Daikin Group Affiliated Companies vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Retirement Savings Plan for Daikin Group Affiliated Companies

Retirement Savings Plan for Daikin Group Affiliated Companies reports $408M in end-of-year assets across 5,453 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $74,810 per participant (54% of the national average assets-per-participant) . Net income for plan year 2022 was -$37M.

This plan identity (EIN 410404230, plan #016) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $408M to $590M (+44.6%) while covered participants moved from 5,453 to 6,112 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,453 $408M This page
2023 5,930 $499M Open filing
2024 · index core 6,112 $590M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Retirement Savings Plan for Daikin Group Affiliated Companies's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan in MI ($408M); by covered participants it is Guardian Elder Care, Llc's 401(k) Plan in PA (5,454 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,453 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Retirement Savings Plan for Daikin Group Affiliated Companies assets move in 2022? ▼
Retirement Savings Plan for Daikin Group Affiliated Companies pulled back noticeably - down 8.5% during 2022, from $446M to $408M. Reported net income was -$37M.
How have Daikin Applied Americas Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Daikin Applied Americas Inc.'s sponsor-wide assets grew 44.6%, from $408M to $590M.
Where does Retirement Savings Plan for Daikin Group Affiliated Companies rank by assets among Form 5500 filers? ▼
Retirement Savings Plan for Daikin Group Affiliated Companies 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 Retirement Savings Plan for Daikin Group Affiliated Companies? ▼
Among 401(k) plans in other states, the closest by assets is Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan in MI ($408M, 2,885 participants).
Which 401(k) plans cover a similar participant headcount to Retirement Savings Plan for Daikin Group Affiliated Companies? ▼
Among 401(k) plans in other states, the closest by covered participants is Guardian Elder Care, Llc's 401(k) Plan in PA (5,454 participants, $48M in assets).