2023 Form 5500 filing — Danfoss Personal Investment Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241007112225NAL0015986369001) for Danfoss Personal Investment Plan, reported by Danfoss Power Solutions Ii, LLC under EIN 85-1065969 and plan number 006. It reports 168 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$6.5MReported net assets$6,481,450
Participants168
Provider compensation$15.1K2 Schedule C row(s)$15,055
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241007112225NAL0015986369001
- Plan sponsor
- Danfoss Power Solutions Ii, LLC
- EIN
- 85-1065969
- Plan number
- 006
- Location
- Ames, IA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$6.5M total assets
Net assets$6.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $6,481,450
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,481,450
- Employer contributions
- $51,459
- Participant contributions
- $701,688
- Total income / additions
- $1,541,136
- Benefits paid
- $356,301
- Administrative expenses
- $15,055
- Total expenses
- $380,838
- Net increase / (decrease)
- $1,160,298
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $7,703 | $0 |
| Empower Advisory Group, LLC | NONE | $7,352 | not reported in the loaded dataset |