Defined Benefit (Pension) · DOL Form 5500 · 2024
Danfoss Power Solutions US Company Pension Plan
Data updated 2026-08-25
- $19M
- Total assets Small plan by assets
- N/A
- Participants Small participant base
- 70th
- 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
$19M 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 $19M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.
- #10,461 in Manufacturing (17,777 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 $19M / N/A participants.
- #10,461
- in Manufacturing (17,777 peers)
- -7.4%
- assets change YoY
The plan reported a net loss of $2M 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 2024 · DOL Form 5500
$19,248,037 Top 30% higher than 70% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Filed plans by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 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 fell from -$551K in the plan year 2023 filing to -$2M in the plan year 2024 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 2023 filing to $19M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 421345015 · Danfoss Power Solutions US Company PY 2024 · 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 · $19M · N/A · 70th
- PCT $19M
- PCT N/A
- PCT 70th
- PCT Defined Benefit (Pension)
- PCT near Los Angeles Tourism and Convention Board Retirement Income Plan
- PCT ind #10461
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 (2024)
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | $19M |
| Net Income | -$2M |
| 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 $2.2B · 7,170
- Principal Cash Balance Plan $1.5B · 11,945
- Midamerican Energy Company Retirement Plan $521M · 2,805
- Employers Mutual Casualty Company Retirement Plan $362M · 1,908
- Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust $331M · 1,233
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 Los Angeles Tourism and Convention Board Retirement Income Plan in CA at $19M (this filing: $19M).
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($19M here).
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.