401(k) · DOL Form 5500 · 2023

Donaldson Company, Inc. 401(k) Plan

Data updated 2026-08-25

$745M
Total assets Above avg plan size
4,213
Participants Above avg headcount
98th
Percentile by assets National rank
$176,880
Avg per participant Above avg balance/head
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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.

  • #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.

#18,136
in Manufacturing (18,722 peers)
+13.6%
assets growth YoY
7.5×
vs typical plan assets (national mean)

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan's outsized position by total assets

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$745,193,402 Top 2% higher than 98% of 127,068 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 2023

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan lands in the large band (4,213 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 2022→2023 release diff →

Published 5500 schedule card

Filing strip 410222640 · Donaldson Company, Inc. PY 2023 · 401(k)

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan · $745M · 4,213 · 98th

  • EBSA $745M
  • PART 4,213
  • TYPE 98th
  • NET 401(k)
  • BOOK near Willkie Farr & Gallagher LLP Retirement Savings Plan
  • VS-ST ind #18136

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 →

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan in the asset neighbourhood

Engage Peo Retirement Savings PlanEngage Peo Retirement Saving…$747MThe Helmerich & Payne, Inc. 401(k)/Thrift PlanThe Helmerich & Payne, Inc. …$746MTaft Stettinius & Hollister LLP Thrift Savings & Retirement PlanTaft Stettinius & Hollister …$746MDonaldson Company, Inc. Retirement Savings and Employee Stock Ownership PlanDonaldson Company, Inc. Reti…$745MWillkie Farr & Gallagher LLP Retirement Savings PlanWillkie Farr & Gallagher LLP…$745M
End-of-year total assets ($M) among Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$656M
Net Assets (End of Year)$745M
Net Income$89M
Employer EIN410222640
Plan Effective Date1955-12-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Donaldson Company, Inc.)

Sponsor-wide plan assets over time

All Donaldson Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 16.923879640503454% vs 2022
2024 filing year
$0.9B$0.95B$1B$1.05B$1.1B$1.15B 202220232024 $0.94B $1.1B ▲ +17.0%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan, Total assets ($B): 0.745193402 · Participants: 4213Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Willkie Farr & Gallagher LLP Retirement Savings Plan in NY ($745M); by covered participants it is First Quality Savings and Investment Plan in NY (4,213 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,213 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is First Quality Savings and Investment Plan in NY (4,213 participants, $404M in assets).