Defined Benefit (Pension) · DOL Form 5500 · 2022

Danfoss Power Solutions US Company Pension Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
N/A
Participants Small participant base
78th
Percentile by assets National rank
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Official DOL plan name: Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 · Sponsored by Danfoss Power Solutions US Company · Iowa · Manufacturing

$21M in assets, N/A participants

Danfoss Power Solutions US Company's Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 reported $21M in total assets and N/A participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #14,306 in Manufacturing (20,602 peers)

Where Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 sits by assets

Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 sits in the top quartile of all filed plans by assets, $21M for N/A participants, down 22.0% in 2022.

#14,306
in Manufacturing (20,602 peers)
-22.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28's outsized position by total assets

Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 vs every filed plan by assets

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

$21,335,446 Top 22% higher than 78% 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

Filed plans by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

Published 5500 schedule card

Filing strip 421345015 · Danfoss Power Solutions US Company PY 2022 · Defined Benefit (Pension)

Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 · $21M · N/A · 78th

  • TYPE $21M
  • TYPE N/A
  • TYPE 78th
  • TYPE Defined Benefit (Pension)
  • TYPE near Composition Roofers Local 42 Pension Plan
  • TYPE ind #14306

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 Iowa →

Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 in the asset neighbourhood

Holland & Knight Defined Benefit Pension PlanHolland & Knight Defined Ben…$21MFactory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28Factory Pension Plan of Danf…$21MComposition Roofers Local 42 Pension PlanComposition Roofers Local 42…$21MOrica USA Inc. Retirement Income PlanOrica USA Inc. Retirement In…$21MValley Telephone Cooperative, Inc. Defined Benefit PlanValley Telephone Cooperative…$21M
End-of-year total assets ($M) among Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$21M
Net Income-$6M
Employer EIN421345015
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Danfoss Power Solutions US Company)

Sponsor-wide plan assets over time

All Danfoss Power Solutions US Company plans reported in each filing year

Latest sponsor-wide plan assets
$734M 23.792197387328752% vs 2022
2024 filing year
$550M$600M$650M$700M$750M 202220232024 $593M $734M ▲ +23.8%
Year Plans Participants Total Assets
2022 3 4,130 $593M
2023 3 4,409 $681M
2024 3 4,492 $734M

Nearby Defined Benefit (Pension) Plans in Iowa

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28, Total assets ($B): 0.021335446 · Participants: 0Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28Transamerica Pension Plan, Total assets ($B): 2.230658092 · Participants: 6789Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.549488797 · Participants: 11788Principal Cash Balance PlanMidamerican Energy Company Retirement Plan, Total assets ($B): 0.490129749 · Participants: 3321Midamerican Energy Company Retirement PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.320738549 · Participants: 2037Employers Mutual Casualty Company Retirement PlanNon-Contributory Retirement Program for Certain Employees of Wellmark, Inc., Total assets ($B): 0.286934779 · Participants: 1641Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.
Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Iowa, the nearest Defined Benefit (Pension) by end-of-year assets is Composition Roofers Local 42 Pension Plan in OH at $21M (this filing: $21M).

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 Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 assets move in 2022?
Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 declined sharply - down 22.0% during 2022, from $27M to $21M. Reported net income was -$6M.
How have Danfoss Power Solutions US Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Danfoss Power Solutions US Company's sponsor-wide assets grew 23.8%, from $593M to $734M.
Where does Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 rank by assets among Form 5500 filers?
Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 ranks in the 78th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Composition Roofers Local 42 Pension Plan in OH ($21M, 152 participants).