401(k) · DOL Form 5500 · 2023
Daikin Applied Americas Inc. 401(k) Plan
Data updated 2026-08-11
- $499M
- Total assets
- 5,930
- Participants
- 97th
- Percentile by assets
- $84,169
- Avg per participant
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.
- 97th percentile by assets (of 127,072 plans)
- #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.
- $499M
- total plan assets (2023 EOY)
- 5,930
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $84,169
- avg assets per participant
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.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Retirement Savings Plan for Daikin Group Affiliated Companies reports 5,930 participants - 5.3x that state average ($499M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $408M |
|---|---|
| Net Assets (End of Year) | $499M |
| Net Income | $91M |
| Employer EIN | 410404230 |
| Plan Effective Date | 1982-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Daikin Applied Americas Inc.)
| 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
- 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
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 (401(k), $590M, 6,112 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Retirement Savings Plan for Daikin Group Affiliated Companies by total assets, not by location.
- U-Haul Holding Company 401(k) Savings Plan (AZ) $499M · 31,816
- Fresenius Kabi USA, LLC Savings & Ret Plan (IL) $500M · 3,999
- Brown and Caldwell Savings Plan (CO) $499M · 1,950
- Msd Employee Stock Purchase & Savings Plan (NJ) $499M · 2,487
Frequently Asked Questions
How did Retirement Savings Plan for Daikin Group Affiliated Companies assets move in 2023? ▼
How have Daikin Applied Americas Inc. plan assets changed over time? ▼
Where does Retirement Savings Plan for Daikin Group Affiliated Companies rank by assets among Form 5500 filers? ▼
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Next read for Retirement Savings Plan for Daikin Group…
Filing takeaways
Ways to act on Retirement Savings Plan for Daikin Group Affiliated Companies's numbers.
- By total assets, Retirement Savings Plan for Daikin Group Affiliated Companies 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
- Daikin Applied Americas Inc.'s sponsor-wide assets have grown 44.6% since 2022 across 3 plan years on file. More Manufacturing plans