401(k) · DOL Form 5500 · 2023

Danfoss Power Solutions II, LLC 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets: 165
Participants Small participant base: 49th
Percentile by assets National rank: $39,282
Avg per participant Low balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: Danfoss Personal Investment Plan · Sponsored by Danfoss Power Solutions II, LLC · Iowa · Manufacturing

$6M in assets, 165 participants

Danfoss Power Solutions II, LLC's Danfoss Personal Investment Plan reported $6M in total assets and 165 participants in its 2023 DOL Form 5500 filing, ranking in the 49th 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.

#6,245 in Manufacturing (18,722 peers)

Coverage in Iowa

Danfoss Personal Investment Plan covers 165 participants in Iowa, about 27% of the average Iowa filer (state average ~609 per filing). Assets: $6M.

#6,245
in Manufacturing (18,722 peers): +21.8%
assets growth YoY

Danfoss Personal Investment Plan's mid-pack asset rank among Manufacturing and all filers

Danfoss Personal Investment Plan vs every filed plan by assets

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

$6,481,450 49th percentile higher than 49% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Danfoss Personal Investment Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Danfoss Personal Investment Plan sits mid-pack in the medium band (165 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Danfoss Personal Investment Plan reported net income rose from $138K in the plan year 2022 filing to $1M in the plan year 2023 filing.
Danfoss Personal Investment Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
Danfoss Personal Investment Plan reported participants fell from 176 in the plan year 2022 filing to 165 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 851065969 · Danfoss Power Solutions II, LLC PY 2023 · 401(k)

Danfoss Personal Investment Plan · $6M · 165 · 49th

IND $6M
EOY 165
5500 49th
ASSETS 401(k)
PCT near Active Wellness 401(k) Plan
EIN ind #6245

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 →

End-of-year total assets ($M) among Danfoss Personal Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)	$5M
Net Assets (End of Year)	$6M
Net Income	$1M
Employer EIN	851065969
Plan Effective Date	2021-08-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Danfoss Power Solutions II, LLC)

Latest sponsor-wide plan assets: $185M 68.72615660913749% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	2	2,839	$110M
2023	2	2,731	$154M
2024	2	2,716	$185M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Danfoss Personal Investment Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

The Principal Select Savings Plan $4.1B · 12,827
Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
The Hy-Vee and Affiliates 401(k) Plan $2.9B · 56,181
The Rsm US LLP Retirement Plan $2.9B · 14,720
Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999

Compare Danfoss Personal Investment Plan side-by-side with 3 peers →

Danfoss Personal Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Active Wellness 401(k) Plan in CA ($6M); by covered participants it is Fruitsmart 401(k) Plan in WA (165 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Active Wellness 401(k) Plan (CA) $6M · 155
Hess Pediatric Ophthalmology Specialists, PA 401(k) Profit Sharing Plan (FL) $6M · 14
Hospice of the North Coast 401(k) Plan (CA) $6M · 112
Gryphon Networks 401(k) Plan (MA) $6M · 81

Similar participant headcount

Nearest other-state filings by covered participants (165 participants); asset peers above are excluded.

Fruitsmart 401(k) Plan (WA) 165 · 0 off
Forma Therapeutics, Inc. 401(k) Plan (MA) 165 · 0 off
Payspan Inc. 401(k) Plan and Trust (FL) 165 · 0 off
B+T Group Holdings Retirement Savings Plan (OK) 165 · 0 off

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 Danfoss Personal Investment Plan assets move in 2023? ▼

Danfoss Personal Investment Plan grew sharply - up 21.8% during 2023, from $5M to $6M. Reported net income was $1M.

How have Danfoss Power Solutions II, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Danfoss Power Solutions II, LLC's sponsor-wide assets grew 68.7%, from $110M to $185M.

Which 401(k) plans are similar in size to Danfoss Personal Investment Plan? ▼

Among 401(k) plans in other states, the closest by assets is Active Wellness 401(k) Plan in CA ($6M, 155 participants).

Which 401(k) plans cover a similar participant headcount to Danfoss Personal Investment Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Fruitsmart 401(k) Plan in WA (165 participants, $3M in assets).

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 851065969.