401(k) · DOL Form 5500 · 2023

Daikin Applied Americas Inc. 401(k) Plan

Data updated 2026-08-25

$499M
Total assets Above avg plan size
5,930
Participants Above avg headcount
97th
Percentile by assets National rank
$84,169
Avg per participant Below avg balance/head
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Official DOL plan name: Retirement Savings Plan for Daikin Group Affiliated Companies · Sponsored by Daikin Applied Americas Inc. · Minnesota · Manufacturing

$499M in assets, 5,930 participants

Daikin Applied Americas Inc.'s Retirement Savings Plan for Daikin Group Affiliated Companies reported $499M in total assets and 5,930 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #17,932 in Manufacturing (18,722 peers)

Coverage in Minnesota

Retirement Savings Plan for Daikin Group Affiliated Companies covers 5,930 participants in Minnesota, 5.3x the typical Minnesota plan (state average ~1,126 per filing). Assets: $499M.

#17,932
in Manufacturing (18,722 peers)
+22.4%
assets growth YoY
5.0×
vs typical plan assets (national mean)

Retirement Savings Plan for Daikin Group Affiliated Companies's outsized position by total assets

Retirement Savings Plan for Daikin Group Affiliated Companies vs every filed plan by assets

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

$499,121,198 Top 3% higher than 97% 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

Retirement Savings Plan for Daikin Group Affiliated Companies'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. Retirement Savings Plan for Daikin Group Affiliated Companies lands in the large band (5,930 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Savings Plan for Daikin Group Affiliated Companies reported net income rose from -$37M in the plan year 2022 filing to $91M in the plan year 2023 filing.
  • Retirement Savings Plan for Daikin Group Affiliated Companies end-of-year assets rose from $408M in the plan year 2022 filing to $499M in the plan year 2023 filing.
  • Retirement Savings Plan for Daikin Group Affiliated Companies reported participants rose from 5,453 in the plan year 2022 filing to 5,930 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410404230 · Daikin Applied Americas Inc. PY 2023 · 401(k)

Retirement Savings Plan for Daikin Group Affiliated Companies · $499M · 5,930 · 97th

  • NET $499M
  • BOOK 5,930
  • VS-ST 97th
  • BOY 401(k)
  • SCH near U-Haul Holding Company 401(k) Savings Plan
  • EBSA ind #17932

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 →

Retirement Savings Plan for Daikin Group Affiliated Companies in the asset neighbourhood

Fresenius Kabi USA, LLC Savings & Ret PlanFresenius Kabi USA, LLC Savi…$500MU-Haul Holding Company 401(k) Savings PlanU-Haul Holding Company 401(k…$499MRetirement Savings Plan for Daikin Group Affiliated CompaniesRetirement Savings Plan for …$499MBrown and Caldwell Savings PlanBrown and Caldwell Savings P…$499MMsd Employee Stock Purchase & Savings PlanMsd Employee Stock Purchase …$499M
End-of-year total assets ($M) among Retirement Savings Plan for Daikin Group Affiliated Companies and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$408M
Net Assets (End of Year)$499M
Net Income$91M
Employer EIN410404230
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Daikin Applied Americas Inc.)

Sponsor-wide plan assets over time

All Daikin Applied Americas Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$590M 44.58268207163133% vs 2022
2024 filing year
$300M$400M$500M$600M$700M 202220232024 $408M $590M ▲ +44.6%
Year Plans Participants Total Assets
2022 1 5,453 $408M
2023 1 5,930 $499M
2024 1 6,112 $590M

Nearby 401(k) Plans in Minnesota

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

Retirement Savings Plan for Daikin Group Affiliated Companies vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Retirement Savings Plan for Daikin Group Affiliated Companies, Total assets ($B): 0.499121198 · Participants: 5930Retirement Savings Plan for Daikin Group Affiliated CompaniesUnitedhealth 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
Retirement Savings Plan for Daikin Group Affiliated Companies vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Retirement Savings Plan for Daikin Group Affiliated Companies side-by-side with 3 peers →

Scale composition for Retirement Savings Plan for Daikin Group Affiliated Companies

Retirement Savings Plan for Daikin Group Affiliated Companies reports $499M in end-of-year assets across 5,930 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $84,169 per participant (61% of the national average assets-per-participant) . Net income for plan year 2023 was $91M.

This plan identity (EIN 410404230, plan #016) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $408M to $590M (+44.6%) while covered participants moved from 5,453 to 6,112 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,453 $408M Open filing
2023 5,930 $499M This page
2024 · index core 6,112 $590M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Retirement Savings Plan for Daikin Group Affiliated Companies's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is U-Haul Holding Company 401(k) Savings Plan in AZ ($499M); by covered participants it is Benihana 401(k) Plan in FL (5,928 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($499M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,930 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 Retirement Savings Plan for Daikin Group Affiliated Companies assets move in 2023? ▼
Retirement Savings Plan for Daikin Group Affiliated Companies grew sharply - up 22.4% during 2023, from $408M to $499M. Reported net income was $91M.
How have Daikin Applied Americas Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Daikin Applied Americas Inc.'s sponsor-wide assets grew 44.6%, from $408M to $590M.
Where does Retirement Savings Plan for Daikin Group Affiliated Companies rank by assets among Form 5500 filers? ▼
Retirement Savings Plan for Daikin Group Affiliated Companies ranks in the 97th 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 Retirement Savings Plan for Daikin Group Affiliated Companies? ▼
Among 401(k) plans in other states, the closest by assets is U-Haul Holding Company 401(k) Savings Plan in AZ ($499M, 31,816 participants).
Which 401(k) plans cover a similar participant headcount to Retirement Savings Plan for Daikin Group Affiliated Companies? ▼
Among 401(k) plans in other states, the closest by covered participants is Benihana 401(k) Plan in FL (5,928 participants, $24M 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 410404230.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.