Defined Benefit (Pension) · DOL Form 5500 · 2024
Danfoss Power Solutions US Company Pension Plan
Data updated 2026-08-25
- $151M
- Total assets Near avg plan size
- 1,014
- Participants Near avg headcount
- 93rd
- Percentile by assets National rank
- $148,671
- Avg per participant Above avg balance/head
Official DOL plan name: Danfoss Power Solutions Employees' Retirement Plan · Sponsored by Danfoss Power Solutions US Company · Iowa · Manufacturing
$151M in assets, 1,014 participants
Danfoss Power Solutions US Company's Danfoss Power Solutions Employees' Retirement Plan reported $151M in total assets and 1,014 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- #15,896 in Manufacturing (17,777 peers)
Where Danfoss Power Solutions Employees' Retirement Plan sits by assets
Danfoss Power Solutions Employees' Retirement Plan sits in the top 10% of all filed plans by assets, $151M for 1,014 participants (~$148,671/participant), down 1.7% in 2024.
- #15,896
- in Manufacturing (17,777 peers)
- -1.7%
- assets change YoY
- 1.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Danfoss Power Solutions Employees' Retirement Plan's outsized position by total assets
Danfoss Power Solutions Employees' Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$150,752,299 Top 7% higher than 93% 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
Danfoss Power Solutions Employees' Retirement Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Danfoss Power Solutions Employees' Retirement Plan lands in the large band (1,014 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Danfoss Power Solutions Employees' Retirement Plan reported net income fell from $7M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Danfoss Power Solutions Employees' Retirement Plan reported participants fell from 1,107 in the plan year 2023 filing to 1,014 in the plan year 2024 filing.
- Danfoss Power Solutions Employees' Retirement Plan end-of-year assets fell from $153M in the plan year 2023 filing to $151M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 421345015 · Danfoss Power Solutions US Company PY 2024 · Defined Benefit (Pension)
Danfoss Power Solutions Employees' Retirement Plan · $151M · 1,014 · 93rd
- SCH $151M
- EBSA 1,014
- PART 93rd
- TYPE Defined Benefit (Pension)
- NET near Crayola LLC Employee's Retirement Plan
- BOOK ind #15896
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 →
Danfoss Power Solutions Employees' Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $153M |
|---|---|
| Net Assets (End of Year) | $151M |
| Net Income | -$3M |
| Employer EIN | 421345015 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Danfoss Power Solutions US Company)
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 |
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
Danfoss Power Solutions Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Iowa, the nearest Defined Benefit (Pension) by assets is Crayola LLC Employee's Retirement Plan in PA ($151M); by covered participants it is Pension Plan for Employees of Hns Management Co Inc Represented by Atu in CT (1,013 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($151M here).
- Crayola LLC Employee's Retirement Plan (PA) $151M · 388
- Warehouse Employees Union Local No. 730 Pension Trust Fund (MD) $151M · 335
- Magna U.S. Consolidated Pension Plan () $151M · 494
- Retirement Plan for Employees of Aquarion Company (CT) $151M · 126
Similar participant headcount
Nearest other-state filings by covered participants (1,014 participants); asset peers above are excluded.
- Pension Plan for Employees of Hns Management Co Inc Represented by Atu (CT) 1,013 · 1 off
- Meriter Health Services Employee Retirement Plan (WI) 1,013 · 1 off
- First Horizon Corporation Pension Plan (TN) 1,016 · 2 off
- Kamehameha Schools Retirement Plan (HI) 1,010 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.