Defined Benefit (Pension) · DOL Form 5500 · 2022
Danfoss Power Solutions US Company Pension Plan
Data updated 2026-08-25
- $146M
- Total assets Near avg plan size
- 1,211
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $120,924
- Avg per participant Near avg balance/head
Official DOL plan name: Danfoss Power Solutions Employees' Retirement Plan · Sponsored by Danfoss Power Solutions US Company · Iowa · Manufacturing
$146M in assets, 1,211 participants
Danfoss Power Solutions US Company's Danfoss Power Solutions Employees' Retirement Plan reported $146M in total assets and 1,211 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.
- #18,843 in Manufacturing (20,602 peers)
Where Danfoss Power Solutions Employees' Retirement Plan sits by assets
Danfoss Power Solutions Employees' Retirement Plan sits in the top 5% of all filed plans by assets, $146M for 1,211 participants (~$120,924/participant), down 22.1% in 2022.
- #18,843
- in Manufacturing (20,602 peers)
- -22.1%
- assets change YoY
- 1.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $42M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Danfoss Power Solutions Employees' Retirement Plan's outsized position by total assets
Danfoss Power Solutions Employees' Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$146,439,239 Top 5% higher than 95% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Danfoss Power Solutions Employees' Retirement Plan'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. Danfoss Power Solutions Employees' Retirement Plan lands in the large band (1,211 participants).
EBSA filing schedule strip
Filing strip 421345015 · Danfoss Power Solutions US Company PY 2022 · Defined Benefit (Pension)
Danfoss Power Solutions Employees' Retirement Plan · $146M · 1,211 · 95th
- VS-ST $146M
- VS-ST 1,211
- VS-ST 95th
- VS-ST Defined Benefit (Pension)
- VS-ST near Truman Medical Centers Cash Balance Retirement Plan
- VS-ST ind #18843
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 →
Danfoss Power Solutions Employees' Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $188M |
|---|---|
| Net Assets (End of Year) | $146M |
| Net Income | -$42M |
| Employer EIN | 421345015 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING 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
| 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.
- Transamerica Pension Plan $2.2B · 6,789
- Principal Cash Balance Plan $1.5B · 11,788
- Midamerican Energy Company Retirement Plan $490M · 3,321
- Employers Mutual Casualty Company Retirement Plan $321M · 2,037
- Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. $287M · 1,641
Danfoss Power Solutions Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Iowa, the nearest Defined Benefit (Pension) by assets is Truman Medical Centers Cash Balance Retirement Plan in MO ($147M); by covered participants it is Massey Energy Retirement Plan in TN (1,211 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($146M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,211 participants); asset peers above are excluded.
- Massey Energy Retirement Plan (TN) 1,211 · 0 off
- Evergy, Inc. Joint Trusteed Retirement Plan (MO) 1,209 · 2 off
- Newyork-Presbyterian Brooklyn Methodist Hospital Employees' Retirement Plan (NY) 1,214 · 3 off
- Abbvie Puerto Rico Pension Plan (IL) 1,208 · 3 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.