Defined Benefit (Pension) · DOL Form 5500 · 2023

Donaldson Company, Inc. Pension Plan

Data updated 2026-08-25

$178M
Total assets Near avg plan size
974
Participants Near avg headcount
94th
Percentile by assets National rank
$183,088
Avg per participant Above avg balance/head
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Official DOL plan name: Donaldson Company, Inc. Salaried Employees Pension Plan · Sponsored by Donaldson Company, Inc. · Minnesota · Manufacturing

$178M in assets, 974 participants

Donaldson Company, Inc.'s Donaldson Company, Inc. Salaried Employees Pension Plan reported $178M in total assets and 974 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #17,076 in Manufacturing (18,722 peers)

Where Donaldson Company, Inc. Salaried Employees Pension Plan sits by assets

Donaldson Company, Inc. Salaried Employees Pension Plan sits in the top 10% of all filed plans by assets, $178M for 974 participants (~$183,088/participant), down 2.8% in 2023.

#17,076
in Manufacturing (18,722 peers)
-2.8%
assets change YoY
1.8×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$178,327,468 Top 6% higher than 94% 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. Salaried 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. Salaried Employees Pension Plan sits mid-pack in the medium band (974 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Donaldson Company, Inc. Salaried Employees Pension Plan reported net income rose from -$23M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
  • Donaldson Company, Inc. Salaried Employees Pension Plan reported participants fell from 1,063 in the plan year 2022 filing to 974 in the plan year 2023 filing.
  • Donaldson Company, Inc. Salaried Employees Pension Plan end-of-year assets fell from $183M in the plan year 2022 filing to $178M 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. Salaried Employees Pension Plan · $178M · 974 · 94th

  • BOY $178M
  • SCH 974
  • EBSA 94th
  • PART Defined Benefit (Pension)
  • TYPE near California Casualty Management Co. Pension Plan
  • NET ind #17076

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. Salaried Employees Pension Plan in the asset neighbourhood

B.a.C. Local No. 3 Pension PlanB.a.C. Local No. 3 Pension P…$178MCalifornia Casualty Management Co. Pension PlanCalifornia Casualty Manageme…$178MDonaldson Company, Inc. Salaried Employees Pension PlanDonaldson Company, Inc. Sala…$178MBayhealth Medical Center, Inc. Pension PlanBayhealth Medical Center, In…$178MAnixter Inc. Pension Plan$178M
End-of-year total assets ($M) among Donaldson Company, Inc. Salaried Employees Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$183M
Net Assets (End of Year)$178M
Net Income-$5M
Employer EIN410222640
Plan Effective Date1955-10-01
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. Salaried Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Donaldson Company, Inc. Salaried Employees Pension Plan, Total assets ($B): 0.178327468 · Participants: 974Donaldson Company, Inc. Salaried 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. Salaried Employees Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Donaldson Company, Inc. Salaried 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 California Casualty Management Co. Pension Plan in CA ($178M); by covered participants it is Commonwealth Health Corporation Restated Retirement Plan in KY (973 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($178M here).

Similar participant headcount

Nearest other-state filings by covered participants (974 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. Salaried Employees Pension Plan assets move in 2023?
Donaldson Company, Inc. Salaried Employees Pension Plan edged down modestly - down 2.8% during 2023, from $183M to $178M. Reported net income was -$5M.
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. Salaried Employees Pension Plan rank by assets among Form 5500 filers?
Donaldson Company, Inc. Salaried Employees Pension Plan ranks in the 94th 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. Salaried Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is California Casualty Management Co. Pension Plan in CA ($178M, 130 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Donaldson Company, Inc. Salaried Employees Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Commonwealth Health Corporation Restated Retirement Plan in KY (973 participants, $185M in assets).