Danfoss Usa Savings Plan Ii — Form 5500 plan (Danfoss Power Solutions Ii, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Danfoss Usa Savings Plan Ii is a benefit plan reported by Danfoss Power Solutions Ii, LLC under EIN 85-1065969 and plan number 005. The latest loaded filing year is 2023. The filing reports 2,730 participants and $147,664,004 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Danfoss Power Solutions Ii, LLC
EIN
85-1065969
Plan number
005
Plan type
2
Location
Ames, IA
Latest filing year
2023
Participants
2,730
End-of-year plan assets
$147,664,004

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,730H, C20241007111447NAL0015981569001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$147,664,004
Total liabilities (EOY)
$0
Net assets (EOY)
$147,664,004
Net assets (BOY)
$104,575,654

Income & contributions

Employer contributions
$16,081,729
Participant contributions
$16,570,557
Total contributions
$33,759,280
Total income / additions
$54,303,815

Expenses & distributions

Benefits paid
$8,922,727
Administrative expenses
$287,706
Total expenses
$9,282,475
Net increase / (decrease)
$45,021,340

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ONONE$211,940$02023
Empower Advisory Group, LLCNONE$75,466not reported in the loaded dataset2023

Related Form 5500 pages