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 Power Solutions Employees' Retirement Plan is a benefit plan reported by Danfoss Power Solutions Us Company under EIN 42-1345015 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,147 participants and $153,366,011 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $153,366,011
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $153,366,011
- Net assets (BOY)
- $146,439,239
Income & contributions
- Employer contributions
- $3,500,000
- Total contributions
- $3,500,000
- Total income / additions
- $17,240,627
Expenses & distributions
- Benefits paid
- $9,260,019
- Administrative expenses
- $1,053,836
- Total expenses
- $10,313,855
- Net increase / (decrease)
- $6,926,772