Plan Snapshot
- Plan Sponsor: Donaldson Company, INC.
- Sponsor EIN: 410222640
- Sponsor Address: PO BOX 1299, MINNEAPOLIS, MN, 554401299
- Plan Type: 401(k)
- Plan Number: 007
- Total Participants: 5,936
- Total Assets: $942.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 5,936 | $942.7M | $0 | $0 |
| 2024 | 4,348 | $827.0M | $22.2M | $29.0M |
| 2023 | 4,227 | $745.2M | $20.3M | $26.3M |
| 2022 | 4,213 | $656.0M | $18.2M | $24.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $297,328 | — | $297,328 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $145,544 | — | $145,544 |
| MERCER INVESTMENTS LLC | Investment Advisor | $61,440 | — | $61,440 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $504,312
- Estimated Expense Ratio: 0.053% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $107,751,332 | $145,544 | — | — | — |
| 2024 | $565,951 | $100,497 | — | — | — |
| 2023 | $483,471 | $167,176 | — | — | — |
| 2022 | $556,213 | $64,014 | — | — | — |