Defined Benefit (Pension) · DOL Form 5500 · 2023
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
- 73rd
- Percentile by assets National rank
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 2023 DOL Form 5500 filing, ranking in the 73rd 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.
- #11,867 in Manufacturing (18,722 peers)
Danfoss Power Solutions US Company multi-year trail
Danfoss Power Solutions US Company's plans moved +23.8% in assets from 2022 to 2024; this filing shows Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 at $21M / N/A participants.
- #11,867
- in Manufacturing (18,722 peers)
- -2.6%
- assets change YoY
The plan reported a net loss of $551K 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 2023 · DOL Form 5500
$20,784,763 Top 27% higher than 73% 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
Filed plans by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 reported net income rose from -$6M in the plan year 2022 filing to -$551K in the plan year 2023 filing.
- Factory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28 end-of-year assets fell from $21M in the plan year 2022 filing to $21M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 421345015 · Danfoss Power Solutions US Company PY 2023 · 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 · 73rd
- NET $21M
- BOOK N/A
- VS-ST 73rd
- BOY Defined Benefit (Pension)
- SCH near Hunter Fan Company Pension Plan
- EBSA ind #11867
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
Danfoss Power Solutions US Company multi-year asset trail
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 |
Danfoss Power Solutions US Company filing trail (2023)
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | $21M |
| Net Income | -$551K |
| Employer EIN | 421345015 |
| Plan Effective Date | 1970-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Defined Benefit (Pension) Plans in Iowa
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Transamerica Pension Plan $2.3B · 6,519
- Principal Cash Balance Plan $1.7B · 12,492
- Midamerican Energy Company Retirement Plan $516M · 3,002
- Employers Mutual Casualty Company Retirement Plan $347M · 1,835
- Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. $297M · 1,474
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 Hunter Fan Company Pension Plan in TN at $21M (this filing: $21M).
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($21M here).
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.