# Danfoss Power Solutions Us Company DB Plan
Source: https://planprovider.pro/companies/danfoss-power-solutions-us-company-plan-001

> Danfoss Power Solutions Us Company's DB plan: 889 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Danfoss Power Solutions Us Company

- **Sponsor EIN:** 421345015

- **Sponsor Address:** 2800 EAST 13TH STREET, AMES, IA, 50010

- **Plan Type:** DB

- **Total Participants:** 889

- **Total Assets:** $150.8M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|889|$150.8M|$3.5M|$0|

| 2023|1,014|$153.4M|$3.5M|$0|

| 2022|1,107|$146.4M|$3.5M|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| UHY LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [UHY LLP](https://planprovider.pro/provider/uhy-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$718,968|$295,344|—|—|—|

| 2023|$1,053,836|$289,029|—|—|—|

| 2022|$483,208|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/danfoss-power-solutions-us-company-plan-001)

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