401(k) · DOL Form 5500 · 2022

Daikin Applied Americas Inc. 401(k) Plan

Data updated 2026-08-11

$408M
Total assets
5,453
Participants
98th
Percentile by assets
$74,810
Avg per participant
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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.

  • 98th percentile by assets (of 139,126 plans)
  • #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.

$408M
total plan assets (2022 EOY)
5,453
covered participants
98th
percentile by assets (of 139,126 plans)
$74,810
avg assets per participant

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.

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Retirement Savings Plan for Daikin Group Affiliated Companies reports 5,453 participants - 4.8x that state average ($408M EOY assets).

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.)

$300M$400M$500M$600M$700M 202220232024 $408M $590M ▲ +44.6%
Total plan assets by year, all Daikin Applied Americas Inc. plans on file
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

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 P…Unitedhealth Group 4…Medtronic Savings an…Target Corporation 4…3M Voluntary Investm…U.S. Bank 401(k) Sav…
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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Retirement Savings Plan for Daikin Group Affiliated Companies by total assets, not by location.

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).

Next read for Retirement Savings Plan for Daikin Group…

Filing takeaways

Ways to act on Retirement Savings Plan for Daikin Group Affiliated Companies's numbers.

  • By total assets, Retirement Savings Plan for Daikin Group Affiliated Companies 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
  • Daikin Applied Americas Inc.'s sponsor-wide assets have grown 44.6% since 2022 across 3 plan years on file. More Manufacturing plans