401(k) · DOL Form 5500 · 2023

Donaldson Company, Inc. 401(k) Plan

Data updated 2026-08-11

$745M
Total assets: 4,213
Participants: 98th
Percentile by assets: $176,880
Avg per participant

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

$745M in assets, 4,213 participants

Donaldson Company, Inc.'s Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan reported $745M in total assets and 4,213 participants in its 2023 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 127,072 plans)
#18,136 in Manufacturing (18,722 peers)

Coverage in Minnesota

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan covers 4,213 participants in Minnesota, 3.7x the typical Minnesota plan (state average ~1,126 per filing). Assets: $745M.

$745M
total plan assets (2023 EOY): 4,213
covered participants: 98th
percentile by assets (of 127,072 plans): $176,880
avg assets per participant

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan reported net income rose from -$119M in the plan year 2022 filing to $89M in the plan year 2023 filing.
Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan end-of-year assets rose from $656M in the plan year 2022 filing to $745M in the plan year 2023 filing.
Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan reported participants rose from 4,060 in the plan year 2022 filing to 4,213 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Minnesota

Industry

Manufacturing

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 4,213 participants - 3.7x that state average ($745M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$656M
Net Assets (End of Year)	$745M
Net Income	$89M
Employer EIN	410222640
Plan Effective Date	1955-12-27
Filing Status	FILING RECEIVED

Sponsor Plan History (Donaldson Company, Inc.)

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

Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
Target Corporation 401(k) Plan $13.0B · 432,617
Medtronic Savings and Investment Plan $12.9B · 44,342
3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
U.S. Bank 401(k) Savings Plan $10.3B · 75,272

Compare Donaldson Company, Inc. Retirement Savin… side-by-side with 3 peers →

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.

Willkie Farr & Gallagher LLP Retirement Savings Plan (NY) $745M · 1,553
Taft Stettinius & Hollister LLP Thrift Savings & Retirement Plan (OH) $746M · 1,216
The Helmerich & Payne, Inc. 401(k)/Thrift Plan (OK) $746M · 7,230
Engage Peo Retirement Savings Plan (FL) $747M · 21,204

Frequently Asked Questions

How did Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan assets move in 2023? ▼

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan grew at a solid clip - up 13.6% during 2023, from $656M to $745M. Reported net income was $89M.

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 127,072 plans that reported assets for plan year 2023 (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 Willkie Farr & Gallagher LLP Retirement Savings Plan in NY ($745M, 1,553 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410222640.