401(k) · DOL Form 5500 · 2024

Daikin Applied Americas Inc. 401(k) Plan

Data updated 2026-08-25

$590M
Total assets Above avg plan size
6,112
Participants Above avg headcount
97th
Percentile by assets National rank
$96,500
Avg per participant Below avg balance/head
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Official DOL plan name: Retirement Savings Plan for Daikin Group Affiliated Companies · Sponsored by Daikin Applied Americas Inc. · Minnesota · Manufacturing

$590M in assets, 6,112 participants

Daikin Applied Americas Inc.'s Retirement Savings Plan for Daikin Group Affiliated Companies reported $590M in total assets and 6,112 participants in its 2024 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.

  • #17,078 in Manufacturing (17,777 peers)

Coverage in Minnesota

Retirement Savings Plan for Daikin Group Affiliated Companies covers 6,112 participants in Minnesota, 5.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $590M.

#17,078
in Manufacturing (17,777 peers)
+18.2%
assets growth YoY
5.9×
vs typical plan assets (national mean)

Retirement Savings Plan for Daikin Group Affiliated Companies's outsized position by total assets

Retirement Savings Plan for Daikin Group Affiliated Companies vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$589,805,342 Top 3% higher than 97% of 123,620 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 2024

Retirement Savings Plan for Daikin Group Affiliated Companies'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. Retirement Savings Plan for Daikin Group Affiliated Companies lands in the large band (6,112 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Savings Plan for Daikin Group Affiliated Companies end-of-year assets rose from $499M in the plan year 2023 filing to $590M in the plan year 2024 filing.
  • Retirement Savings Plan for Daikin Group Affiliated Companies reported net income fell from $91M in the plan year 2023 filing to $81M in the plan year 2024 filing.
  • Retirement Savings Plan for Daikin Group Affiliated Companies reported participants rose from 5,930 in the plan year 2023 filing to 6,112 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 410404230 · Daikin Applied Americas Inc. PY 2024 · 401(k)

Retirement Savings Plan for Daikin Group Affiliated Companies · $590M · 6,112 · 97th

  • PART $590M
  • PART 6,112
  • PART 97th
  • PART 401(k)
  • PART near S & B Engineers and Constructors, Ltd. Retirement Savings Plan
  • PART ind #17078

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 →

Retirement Savings Plan for Daikin Group Affiliated Companies in the asset neighbourhood

The Wonderful Company LLC 401(k) PlanThe Wonderful Company LLC 40…$590MZeta Associates Incorporated Savings PlanZeta Associates Incorporated…$590MRetirement Savings Plan for Daikin Group Affiliated CompaniesRetirement Savings Plan for …$590MS & B Engineers and Constructors, Ltd. Retirement Savings PlanS & B Engineers and Construc…$590MCook Inlet Region 401(k) Retirement PlanCook Inlet Region 401(k) Ret…$589M
End-of-year total assets ($M) among Retirement Savings Plan for Daikin Group Affiliated Companies and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$499M
Net Assets (End of Year)$590M
Net Income$81M
Employer EIN410404230
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Daikin Applied Americas Inc.)

Sponsor-wide plan assets over time

All Daikin Applied Americas Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$590M 44.58268207163133% vs 2022
2024 filing year
$300M$400M$500M$600M$700M 202220232024 $408M $590M ▲ +44.6%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Retirement Savings Plan for Daikin Group Affiliated Companies, Total assets ($B): 0.589805342 · Participants: 6112Retirement Savings Plan for Daikin Group Affiliated CompaniesWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Retirement Savings Plan for Daikin Group Affiliated Companies vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Retirement Savings Plan for Daikin Group Affiliated Companies

Retirement Savings Plan for Daikin Group Affiliated Companies reports $590M in end-of-year assets across 6,112 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $96,500 per participant (70% of the national average assets-per-participant) . Net income for plan year 2024 was $81M.

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 Open filing
2024 · index core 6,112 $590M This page

Retirement Savings Plan for Daikin Group Affiliated Companies's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is S & B Engineers and Constructors, Ltd. Retirement Savings Plan in TX ($590M); by covered participants it is Liberty Healthcare Services Retirement Plan in NC (6,111 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,112 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Retirement Savings Plan for Daikin Group Affiliated Companies assets move in 2024?
Retirement Savings Plan for Daikin Group Affiliated Companies grew sharply - up 18.2% during 2024, from $499M to $590M. Reported net income was $81M.
How have Daikin Applied Americas Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Daikin Applied Americas Inc.'s sponsor-wide assets grew 44.6%, from $408M to $590M.
Where does Retirement Savings Plan for Daikin Group Affiliated Companies rank by assets among Form 5500 filers?
Retirement Savings Plan for Daikin Group Affiliated Companies ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Retirement Savings Plan for Daikin Group Affiliated Companies?
Among 401(k) plans in other states, the closest by assets is S & B Engineers and Constructors, Ltd. Retirement Savings Plan in TX ($590M, 3,435 participants).
Which 401(k) plans cover a similar participant headcount to Retirement Savings Plan for Daikin Group Affiliated Companies?
Among 401(k) plans in other states, the closest by covered participants is Liberty Healthcare Services Retirement Plan in NC (6,111 participants, $96M in assets).