Defined Benefit (Pension) · DOL Form 5500 · 2023

Donaldson Company, Inc. Pension Plan

Data updated 2026-08-25

$99M
Total assets Below avg plan size
374
Participants Below avg headcount
91st
Percentile by assets National rank
$265,349
Avg per participant High balance/head
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Official DOL plan name: Donaldson Company, Inc. Hourly Employees Pension Plan · Sponsored by Donaldson Company, Inc. · Minnesota · Manufacturing

$99M in assets, 374 participants

Donaldson Company, Inc.'s Donaldson Company, Inc. Hourly Employees Pension Plan reported $99M in total assets and 374 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #16,246 in Manufacturing (18,722 peers)

Coverage in Minnesota

Donaldson Company, Inc. Hourly Employees Pension Plan covers 374 participants in Minnesota, about 33% of the average Minnesota filer (state average ~1,126 per filing). Assets: $99M.

#16,246
in Manufacturing (18,722 peers)
-0.3%
assets change YoY
1.0×
vs typical plan assets (national mean)

The plan reported a net loss of $303K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Donaldson Company, Inc. Hourly Employees Pension Plan's outsized position by total assets

Donaldson Company, Inc. Hourly Employees Pension Plan vs every filed plan by assets

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

$99,240,499 Top 9% higher than 91% 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. Hourly Employees Pension 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. Donaldson Company, Inc. Hourly Employees Pension Plan sits mid-pack in the medium band (374 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Donaldson Company, Inc. Hourly Employees Pension Plan reported net income rose from -$9M in the plan year 2022 filing to -$303K in the plan year 2023 filing.
  • Donaldson Company, Inc. Hourly Employees Pension Plan reported participants fell from 419 in the plan year 2022 filing to 374 in the plan year 2023 filing.
  • Donaldson Company, Inc. Hourly Employees Pension Plan end-of-year assets fell from $100M in the plan year 2022 filing to $99M 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 · Defined Benefit (Pension)

Donaldson Company, Inc. Hourly Employees Pension Plan · $99M · 374 · 91st

  • RANK $99M
  • RANK 374
  • RANK 91st
  • RANK Defined Benefit (Pension)
  • RANK near Gerber Pension Plan
  • RANK ind #16246

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. Hourly Employees Pension Plan in the asset neighbourhood

IBEW Local 712 Pension Trust FundIBEW Local 712 Pension Trust…$99MThe New York State Nurses Association Employees' Pension PlanThe New York State Nurses As…$99MDonaldson Company, Inc. Hourly Employees Pension PlanDonaldson Company, Inc. Hour…$99MGerber Pension Plan$99MBerklee College of Music, Inc. Retirement PlanBerklee College of Music, In…$99M
End-of-year total assets ($M) among Donaldson Company, Inc. Hourly Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$100M
Net Assets (End of Year)$99M
Net Income-$303K
Employer EIN410222640
Plan Effective Date1962-08-01
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 Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Donaldson Company, Inc. Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Donaldson Company, Inc. Hourly Employees Pension Plan, Total assets ($B): 0.099240499 · Participants: 374Donaldson Company, Inc. Hourly Employees Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Donaldson Company, Inc. Hourly Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Donaldson Company, Inc. Hourly Employees Pension Plan side-by-side with 3 peers →

Donaldson Company, Inc. Hourly Employees Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Gerber Pension Plan in NY ($99M); by covered participants it is Pearson Inc. Pension Plan in NJ (374 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($99M here).

Similar participant headcount

Nearest other-state filings by covered participants (374 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. Hourly Employees Pension Plan assets move in 2023? ▼
Donaldson Company, Inc. Hourly Employees Pension Plan held essentially flat - down 0.3% during 2023, from $100M to $99M. Reported net income was -$303K.
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. Hourly Employees Pension Plan rank by assets among Form 5500 filers? ▼
Donaldson Company, Inc. Hourly Employees Pension Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Donaldson Company, Inc. Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Gerber Pension Plan in NY ($99M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Donaldson Company, Inc. Hourly Employees Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pearson Inc. Pension Plan in NJ (374 participants, $92M 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 410222640.

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.