Danfoss Power Solutions US 401(k) and pension plans
Danfoss Power Solutions US Company, Ames, IA. EIN 42-1345015. Annual reports 2009–2024. Also filed as Sauer-Danfoss US Company; Sauer-Danfoss (US) Company; Danfoss Power Solutions (US) Company.
Danfoss Power Solutions US Company has 4 active retirement plans on file. The largest is the Danfoss USA Savings Plan, with 4,379 participants and $564 million in assets in 2024. Empower has been its recordkeeper since 2018.
Danfoss Power Solutions US Company 2800 East 13TH Street Ames, IA 50010 (515) 239-6000As filed for 2024
In effect since
January 1, 1987
Earlier sponsor: Sauer-Danfoss US Company (2009–2012).
Earlier plan names: Sauer-Danfoss Employees' Retirement Plan.
Year by year, 2009 to 2024
Plan year
Participants
Net assets
Recordkeeper
2024
2,648
$151 million
Mercer
2023
3,098
$153 million
not listed
2022
3,147
$146 million
not listed
2021
3,237
$188 million
not listed
2020
3,042
$186 million
not listed
2019
3,085
$166 million
not listed
2018
3,134
$143 million
not listed
2017
3,220
$159 million
not listed
2016
3,122
$138 million
not listed
2015
3,109
$130 million
not listed
2014
3,071
$137 million
not listed
2013
3,011
$125 million
not listed
2012
2,982
$111 million
not listed
2011
2,879
$95.4 million
not listed
2010
2,631
$87.8 million
not listed
2009
2,949
$68.9 million
not listed
Factory Pension Plan of Danfoss Power Solutions(lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28
Pension (defined benefit)Active
Active. The plan filed its annual report for the 2024 plan year.
Plan number
002Employer EIN 42-1345015
Participants (2024)
235
Net assets (2024)
$19.2 million
Plan administrator
Danfoss Power Solutions US Company 2800 East 13TH Street Ames, IA 50010 (515) 239-6000As filed for 2024
In effect since
January 1, 1970
Earlier sponsor: Sauer-Danfoss US Company (2009–2012).
Earlier plan names: Factory Pension Plan of Sauer-Danfoss (Lasalle) an D International Union, United Automobile, Aerospac E and Agric Wkers of Am Local Union 28.
Year by year, 2009 to 2024
Plan year
Participants
Net assets
Recordkeeper
2024
235
$19.2 million
not listed
2023
250
$20.8 million
not listed
2022
260
$21.3 million
not listed
2021
269
$27.4 million
not listed
2020
279
$29.4 million
not listed
2019
290
$29.0 million
not listed
2018
305
$27.2 million
not listed
2017
315
$30.4 million
not listed
2016
322
$30.1 million
not listed
2015
327
$30.6 million
not listed
2014
333
$33.6 million
not listed
2013
342
$32.6 million
not listed
2012
347
$30.9 million
not listed
2011
354
$28.4 million
not listed
2010
361
$27.5 million
not listed
2009
373
$24.6 million
not listed
Danfoss Power Solutions Savings Plan
401(k)ActiveUnion (multiemployer)
Active. The plan filed its annual report for the 2024 plan year.
Sauer-Danfoss US Company 2800 E 13TH Street Ames, IA 50010 (515) 239-6000As filed for 2009
In effect since
April 1, 2000
If you had money in one of these plans
Call Empower (empower.com), which runs the Danfoss USA Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((515) 239-6000). That number was filed for 2024; ask for the benefits or retirement plan office.
If your plan closed, unclaimed balances usually went to an IRA in your name, to the PBGC's missing participants program, or to state unclaimed property. Here is how to check each one.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.
What these numbers are
They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.