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DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 401k Plan overview

Plan NameDANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN
Plan identification number 001

DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DANFOSS POWER SOLUTIONS US COMPANY has sponsored the creation of one or more 401k plans.

Company Name:DANFOSS POWER SOLUTIONS US COMPANY
Employer identification number (EIN):421345015
NAIC Classification:333610

Additional information about DANFOSS POWER SOLUTIONS US COMPANY

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C1657411

More information about DANFOSS POWER SOLUTIONS US COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01JOEL RINDERKNECHT
0012016-01-01JOEL RINDERKNECHT
0012015-01-01JOEL RINDERKNECHT
0012014-01-01WALTER C. SLEEPER
0012013-01-01WALTER C. SLEEPER
0012012-01-01WALTER C. SLEEPER WALTER C. SLEEPER2013-10-11
0012011-01-01W. COREY SLEEPER W. COREY SLEEPER2012-10-10
0012009-01-01W. COREY SLEEPER W. COREY SLEEPER2010-10-14

Plan Statistics for DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN

401k plan membership statisitcs for DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN

Measure Date Value
2022: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2022 401k membership
Market value of plan assets2022-12-31188,011,355
Acturial value of plan assets2022-12-31182,864,762
Funding target for retired participants and beneficiaries receiving payment2022-12-3190,828,378
Number of terminated vested participants2022-12-311,175
Fundng target for terminated vested participants2022-12-3119,196,069
Active participant vested funding target2022-12-3136,288,381
Number of active participants2022-12-311,211
Total funding liabilities for active participants2022-12-3137,767,962
Total participant count2022-12-313,268
Total funding target for all participants2022-12-31147,792,409
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-3112,561,007
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-3112,561,007
Present value of excess contributions2022-12-313,283,000
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-313,465,863
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-3113,101,130
Total employer contributions2022-12-313,500,000
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-313,276,482
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-312,705,223
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-313,276,482
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-013,237
Total number of active participants reported on line 7a of the Form 55002022-01-011,107
Number of retired or separated participants receiving benefits2022-01-01807
Number of other retired or separated participants entitled to future benefits2022-01-011,127
Total of all active and inactive participants2022-01-013,041
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01106
Total participants2022-01-013,147
Number of participants with account balances2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-016
2021: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2021 401k membership
Market value of plan assets2021-12-31185,600,167
Acturial value of plan assets2021-12-31167,975,835
Funding target for retired participants and beneficiaries receiving payment2021-12-3187,400,138
Number of terminated vested participants2021-12-311,164
Fundng target for terminated vested participants2021-12-3118,085,411
Active participant vested funding target2021-12-3136,964,228
Number of active participants2021-12-311,062
Total funding liabilities for active participants2021-12-3137,013,506
Total participant count2021-12-313,075
Total funding target for all participants2021-12-31142,499,055
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3111,304,605
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-31433,980
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-3110,870,625
Present value of excess contributions2021-12-313,298,504
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-313,520,099
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-3112,561,007
Total employer contributions2021-12-313,500,000
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-313,283,000
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31856,139
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-313,283,000
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-013,042
Total number of active participants reported on line 7a of the Form 55002021-01-011,211
Number of retired or separated participants receiving benefits2021-01-01774
Number of other retired or separated participants entitled to future benefits2021-01-011,156
Total of all active and inactive participants2021-01-013,141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0196
Total participants2021-01-013,237
Number of participants with account balances2021-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-014
2020: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2020 401k membership
Market value of plan assets2020-12-31165,950,687
Acturial value of plan assets2020-12-31158,052,996
Funding target for retired participants and beneficiaries receiving payment2020-12-3184,277,303
Number of terminated vested participants2020-12-311,146
Fundng target for terminated vested participants2020-12-3119,698,815
Active participant vested funding target2020-12-3142,043,153
Number of active participants2020-12-311,166
Total funding liabilities for active participants2020-12-3142,115,440
Total participant count2020-12-313,117
Total funding target for all participants2020-12-31146,091,558
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-319,394,669
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-319,394,669
Present value of excess contributions2020-12-311,755,849
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-311,853,123
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-3111,304,605
Total employer contributions2020-12-313,500,000
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-313,298,504
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-311,090,813
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-31433,980
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-31433,980
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-313,298,504
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-013,085
Total number of active participants reported on line 7a of the Form 55002020-01-011,062
Number of retired or separated participants receiving benefits2020-01-01746
Number of other retired or separated participants entitled to future benefits2020-01-011,142
Total of all active and inactive participants2020-01-012,950
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-0192
Total participants2020-01-013,042
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-012
2019: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2019 401k membership
Market value of plan assets2019-12-31142,613,814
Acturial value of plan assets2019-12-31149,482,440
Funding target for retired participants and beneficiaries receiving payment2019-12-3175,214,510
Number of terminated vested participants2019-12-311,119
Fundng target for terminated vested participants2019-12-3120,856,573
Active participant vested funding target2019-12-3146,497,222
Number of active participants2019-12-311,289
Total funding liabilities for active participants2019-12-3146,583,036
Total participant count2019-12-313,165
Total funding target for all participants2019-12-31142,654,119
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-319,973,109
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-319,973,109
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-319,394,669
Total employer contributions2019-12-313,500,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-313,290,001
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-311,117,153
Net shortfall amortization installment of oustanding balance2019-12-312,566,348
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-311,534,152
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-311,534,152
Contributions allocatedtoward minimum required contributions for current year2019-12-313,290,001
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-013,134
Total number of active participants reported on line 7a of the Form 55002019-01-011,166
Number of retired or separated participants receiving benefits2019-01-01704
Number of other retired or separated participants entitled to future benefits2019-01-011,126
Total of all active and inactive participants2019-01-012,996
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-0189
Total participants2019-01-013,085
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0122
2018: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2018 401k membership
Market value of plan assets2018-12-31159,023,290
Acturial value of plan assets2018-12-31148,610,943
Funding target for retired participants and beneficiaries receiving payment2018-12-3167,087,060
Number of terminated vested participants2018-12-311,117
Fundng target for terminated vested participants2018-12-3121,699,347
Active participant vested funding target2018-12-3146,317,249
Number of active participants2018-12-311,415
Total funding liabilities for active participants2018-12-3146,524,094
Total participant count2018-12-313,251
Total funding target for all participants2018-12-31135,310,501
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-318,595,285
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-318,595,285
Present value of excess contributions2018-12-316,386,646
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-316,764,735
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-319,973,109
Total employer contributions2018-12-310
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-311,129,516
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-013,220
Total number of active participants reported on line 7a of the Form 55002018-01-011,289
Number of retired or separated participants receiving benefits2018-01-01662
Number of other retired or separated participants entitled to future benefits2018-01-011,100
Total of all active and inactive participants2018-01-013,051
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-0183
Total participants2018-01-013,134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0146
2017: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2017 401k membership
Market value of plan assets2017-12-31137,977,805
Acturial value of plan assets2017-12-31139,860,841
Funding target for retired participants and beneficiaries receiving payment2017-12-3162,401,542
Number of terminated vested participants2017-12-311,085
Fundng target for terminated vested participants2017-12-3118,921,909
Active participant vested funding target2017-12-3147,691,287
Number of active participants2017-12-311,381
Total funding liabilities for active participants2017-12-3147,902,864
Total participant count2017-12-313,153
Total funding target for all participants2017-12-31129,226,315
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-316,782,205
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-316,782,205
Present value of excess contributions2017-12-313,284,559
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-313,485,245
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-311,244,731
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-318,595,285
Total employer contributions2017-12-317,000,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-316,520,393
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-312,172,988
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31133,747
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31133,747
Contributions allocatedtoward minimum required contributions for current year2017-12-316,520,393
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-013,122
Total number of active participants reported on line 7a of the Form 55002017-01-011,415
Number of retired or separated participants receiving benefits2017-01-01627
Number of other retired or separated participants entitled to future benefits2017-01-011,098
Total of all active and inactive participants2017-01-013,140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-0180
Total participants2017-01-013,220
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0112
2016: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2016 401k membership
Market value of plan assets2016-12-31130,206,587
Acturial value of plan assets2016-12-31136,343,828
Funding target for retired participants and beneficiaries receiving payment2016-12-3153,399,566
Number of terminated vested participants2016-12-311,041
Fundng target for terminated vested participants2016-12-3118,326,159
Active participant vested funding target2016-12-3150,863,914
Number of active participants2016-12-311,454
Total funding liabilities for active participants2016-12-3151,138,062
Total participant count2016-12-313,139
Total funding target for all participants2016-12-31122,863,787
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-313,401,622
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-313,401,622
Present value of excess contributions2016-12-313,271,749
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-313,477,869
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-313,477,869
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-316,782,205
Total employer contributions2016-12-313,500,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-313,284,559
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-312,332,197
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-313,284,559
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-013,109
Total number of active participants reported on line 7a of the Form 55002016-01-011,381
Number of retired or separated participants receiving benefits2016-01-01593
Number of other retired or separated participants entitled to future benefits2016-01-011,066
Total of all active and inactive participants2016-01-013,040
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-0182
Total participants2016-01-013,122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0138
2015: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-013,071
Total number of active participants reported on line 7a of the Form 55002015-01-011,454
Number of retired or separated participants receiving benefits2015-01-01556
Number of other retired or separated participants entitled to future benefits2015-01-011,023
Total of all active and inactive participants2015-01-013,033
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-0176
Total participants2015-01-013,109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0139
2014: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-013,011
Total number of active participants reported on line 7a of the Form 55002014-01-011,528
Number of retired or separated participants receiving benefits2014-01-01509
Number of other retired or separated participants entitled to future benefits2014-01-01962
Total of all active and inactive participants2014-01-012,999
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-0172
Total participants2014-01-013,071
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0135
2013: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-012,982
Total number of active participants reported on line 7a of the Form 55002013-01-011,518
Number of retired or separated participants receiving benefits2013-01-01477
Number of other retired or separated participants entitled to future benefits2013-01-01948
Total of all active and inactive participants2013-01-012,943
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-0168
Total participants2013-01-013,011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0148
2012: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-012,879
Total number of active participants reported on line 7a of the Form 55002012-01-011,539
Number of retired or separated participants receiving benefits2012-01-01441
Number of other retired or separated participants entitled to future benefits2012-01-01942
Total of all active and inactive participants2012-01-012,922
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-0160
Total participants2012-01-012,982
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0151
2011: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-012,631
Total number of active participants reported on line 7a of the Form 55002011-01-011,467
Number of retired or separated participants receiving benefits2011-01-01419
Number of other retired or separated participants entitled to future benefits2011-01-01935
Total of all active and inactive participants2011-01-012,821
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-0158
Total participants2011-01-012,879
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-015
2009: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013,010
Total number of active participants reported on line 7a of the Form 55002009-01-011,267
Number of retired or separated participants receiving benefits2009-01-01376
Number of other retired or separated participants entitled to future benefits2009-01-011,258
Total of all active and inactive participants2009-01-012,901
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-0148
Total participants2009-01-012,949
Number of participants with account balances2009-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN

Measure Date Value
2022 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-41,851,239
Total unrealized appreciation/depreciation of assets2022-12-31$-41,851,239
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-32,043,918
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$9,562,335
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$9,079,127
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$3,500,000
Value of total assets at end of year2022-12-31$146,439,239
Value of total assets at beginning of year2022-12-31$188,045,492
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$483,208
Total interest from all sources2022-12-31$5,160
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$6,356,689
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$6,356,689
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$5,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Other income not declared elsewhere2022-12-31$-54,528
Administrative expenses (other) incurred2022-12-31$483,208
Total non interest bearing cash at end of year2022-12-31$0
Total non interest bearing cash at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-41,606,253
Value of net assets at end of year (total assets less liabilities)2022-12-31$146,439,239
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$188,045,492
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$114,720,429
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$165,122,386
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$1,001,200
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$1,000,000
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$1,000,000
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$5,160
Asset value of US Government securities at end of year2022-12-31$27,217,610
Asset value of US Government securities at beginning of year2022-12-31$18,423,106
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31Yes
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$3,500,000
Employer contributions (assets) at end of year2022-12-31$3,500,000
Employer contributions (assets) at beginning of year2022-12-31$3,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$9,079,127
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31UHY LLP
Accountancy firm EIN2022-12-31200694403
2021 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$-9,605,414
Total unrealized appreciation/depreciation of assets2021-12-31$-9,605,414
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$11,575,540
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$9,154,252
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$8,841,338
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$3,500,000
Value of total assets at end of year2021-12-31$188,045,492
Value of total assets at beginning of year2021-12-31$185,624,204
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$312,914
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$13,530,762
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$13,530,762
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Other income not declared elsewhere2021-12-31$4,150,192
Administrative expenses (other) incurred2021-12-31$312,914
Total non interest bearing cash at end of year2021-12-31$0
Total non interest bearing cash at beginning of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,421,288
Value of net assets at end of year (total assets less liabilities)2021-12-31$188,045,492
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$185,624,204
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$165,122,386
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$167,457,606
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$1,000,000
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$996,487
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$996,487
Asset value of US Government securities at end of year2021-12-31$18,423,106
Asset value of US Government securities at beginning of year2021-12-31$13,670,111
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31Yes
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$3,500,000
Employer contributions (assets) at end of year2021-12-31$3,500,000
Employer contributions (assets) at beginning of year2021-12-31$3,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$8,841,338
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31UHY LLP
Accountancy firm EIN2021-12-31200694403
2020 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$14,638,687
Total unrealized appreciation/depreciation of assets2020-12-31$14,638,687
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$28,951,157
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$9,305,373
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$8,885,082
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$3,500,000
Value of total assets at end of year2020-12-31$185,624,204
Value of total assets at beginning of year2020-12-31$165,978,420
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$420,291
Total interest from all sources2020-12-31$1,972
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$7,987,240
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$7,987,240
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Other income not declared elsewhere2020-12-31$2,823,258
Administrative expenses (other) incurred2020-12-31$420,291
Total non interest bearing cash at end of year2020-12-31$0
Total non interest bearing cash at beginning of year2020-12-31$701,237
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$19,645,784
Value of net assets at end of year (total assets less liabilities)2020-12-31$185,624,204
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$165,978,420
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$167,457,606
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$145,906,002
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$996,487
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$299,204
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$299,204
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$1,972
Asset value of US Government securities at end of year2020-12-31$13,670,111
Asset value of US Government securities at beginning of year2020-12-31$15,571,977
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31Yes
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$3,500,000
Employer contributions (assets) at end of year2020-12-31$3,500,000
Employer contributions (assets) at beginning of year2020-12-31$3,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$8,885,082
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31LWBJ, LLP
Accountancy firm EIN2020-12-31421462849
2019 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$21,106,292
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$21,106,292
Total unrealized appreciation/depreciation of assets2019-12-31$21,106,292
Total unrealized appreciation/depreciation of assets2019-12-31$21,106,292
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$31,985,651
Total income from all sources (including contributions)2019-12-31$31,985,651
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$8,621,045
Total of all expenses incurred2019-12-31$8,621,045
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$8,278,243
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$8,278,243
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,500,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,500,000
Value of total assets at end of year2019-12-31$165,978,420
Value of total assets at beginning of year2019-12-31$142,613,814
Value of total assets at beginning of year2019-12-31$142,613,814
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$342,802
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$342,802
Total interest from all sources2019-12-31$8,975
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$5,158,018
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$5,158,018
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$5,158,018
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$5,158,018
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$5,000,000
Value of fidelity bond cover2019-12-31$5,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Other income not declared elsewhere2019-12-31$2,212,366
Other income not declared elsewhere2019-12-31$2,212,366
Administrative expenses (other) incurred2019-12-31$342,802
Administrative expenses (other) incurred2019-12-31$342,802
Total non interest bearing cash at end of year2019-12-31$701,237
Total non interest bearing cash at end of year2019-12-31$701,237
Total non interest bearing cash at beginning of year2019-12-31$0
Total non interest bearing cash at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$23,364,606
Value of net assets at end of year (total assets less liabilities)2019-12-31$165,978,420
Value of net assets at end of year (total assets less liabilities)2019-12-31$165,978,420
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$142,613,814
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$142,613,814
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$145,906,002
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$145,906,002
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$123,249,164
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$123,249,164
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$299,204
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$299,204
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$178,522
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$178,522
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$178,522
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$178,522
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$8,975
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$8,975
Asset value of US Government securities at end of year2019-12-31$15,571,977
Asset value of US Government securities at end of year2019-12-31$15,571,977
Asset value of US Government securities at beginning of year2019-12-31$19,186,128
Asset value of US Government securities at beginning of year2019-12-31$19,186,128
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$3,500,000
Contributions received in cash from employer2019-12-31$3,500,000
Employer contributions (assets) at end of year2019-12-31$3,500,000
Employer contributions (assets) at end of year2019-12-31$3,500,000
Employer contributions (assets) at beginning of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$8,278,243
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$8,278,243
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31LWBJ, LLP
Accountancy firm name2019-12-31LWBJ, LLP
Accountancy firm EIN2019-12-31421462849
Accountancy firm EIN2019-12-31421462849
2018 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-14,109,322
Total unrealized appreciation/depreciation of assets2018-12-31$-14,109,322
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$-8,467,986
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$8,035,090
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$7,590,052
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$0
Value of total assets at end of year2018-12-31$142,613,814
Value of total assets at beginning of year2018-12-31$159,116,890
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$445,038
Total interest from all sources2018-12-31$7,064
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$5,634,272
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$5,634,272
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$5,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Administrative expenses (other) incurred2018-12-31$445,038
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-16,503,076
Value of net assets at end of year (total assets less liabilities)2018-12-31$142,613,814
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$159,116,890
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$123,249,164
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$136,944,102
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$178,522
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$1,000,513
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$1,000,513
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$7,064
Asset value of US Government securities at end of year2018-12-31$19,186,128
Asset value of US Government securities at beginning of year2018-12-31$14,172,275
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31Yes
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$0
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$7,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$7,590,052
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31LWBJ, LLP
Accountancy firm EIN2018-12-31421462849
2017 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$14,505,736
Total unrealized appreciation/depreciation of assets2017-12-31$14,505,736
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$28,731,553
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$7,607,223
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$7,358,615
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$7,000,000
Value of total assets at end of year2017-12-31$159,116,890
Value of total assets at beginning of year2017-12-31$137,992,560
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$248,608
Total interest from all sources2017-12-31$4,416
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$6,298,186
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$6,298,186
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Other income not declared elsewhere2017-12-31$923,215
Administrative expenses (other) incurred2017-12-31$248,608
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$21,124,330
Value of net assets at end of year (total assets less liabilities)2017-12-31$159,116,890
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$137,992,560
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$136,944,102
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$121,503,522
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$1,000,513
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$996,831
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$996,831
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$4,416
Asset value of US Government securities at end of year2017-12-31$14,172,275
Asset value of US Government securities at beginning of year2017-12-31$11,992,207
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$7,000,000
Employer contributions (assets) at end of year2017-12-31$7,000,000
Employer contributions (assets) at beginning of year2017-12-31$3,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$7,358,615
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31LWBJ, LLP
Accountancy firm EIN2017-12-31421462849
2016 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$5,907,981
Total unrealized appreciation/depreciation of assets2016-12-31$5,907,981
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$14,446,265
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$6,682,423
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$6,354,102
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$3,500,000
Value of total assets at end of year2016-12-31$137,992,560
Value of total assets at beginning of year2016-12-31$130,228,718
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$328,321
Total interest from all sources2016-12-31$2,077
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$3,538,609
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$3,538,609
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Other income not declared elsewhere2016-12-31$1,497,598
Administrative expenses (other) incurred2016-12-31$328,321
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$7,763,842
Value of net assets at end of year (total assets less liabilities)2016-12-31$137,992,560
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$130,228,718
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$121,503,522
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$113,162,629
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$996,831
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$1,002,720
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$1,002,720
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$2,077
Asset value of US Government securities at end of year2016-12-31$11,992,207
Asset value of US Government securities at beginning of year2016-12-31$12,563,369
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$3,500,000
Employer contributions (assets) at end of year2016-12-31$3,500,000
Employer contributions (assets) at beginning of year2016-12-31$3,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$6,354,102
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31LWBJ, LLP
Accountancy firm EIN2016-12-31421462849
2015 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-10,854,591
Total unrealized appreciation/depreciation of assets2015-12-31$-10,854,591
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$49,699
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$6,330,587
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$6,005,906
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$3,500,000
Value of total assets at end of year2015-12-31$130,228,718
Value of total assets at beginning of year2015-12-31$136,509,606
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$324,681
Total interest from all sources2015-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$5,526,419
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$5,526,419
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$5,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Administrative expenses (other) incurred2015-12-31$324,681
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-6,280,888
Value of net assets at end of year (total assets less liabilities)2015-12-31$130,228,718
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$136,509,606
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$113,162,629
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$111,665,706
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$1,002,720
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$2,000,000
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$2,000,000
Asset value of US Government securities at end of year2015-12-31$12,563,369
Asset value of US Government securities at beginning of year2015-12-31$19,343,900
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$1,877,871
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31Yes
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$3,500,000
Employer contributions (assets) at end of year2015-12-31$3,500,000
Employer contributions (assets) at beginning of year2015-12-31$3,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$6,005,906
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31LWBJ, LLP
Accountancy firm EIN2015-12-31421462849
2014 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$-1,687,443
Total unrealized appreciation/depreciation of assets2014-12-31$-1,687,443
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$16,675,773
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$5,183,405
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$4,880,352
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$3,500,000
Value of total assets at end of year2014-12-31$136,509,606
Value of total assets at beginning of year2014-12-31$125,017,238
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$303,053
Total interest from all sources2014-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$2,535,891
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$2,535,891
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$5,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Administrative expenses (other) incurred2014-12-31$303,053
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$11,492,368
Value of net assets at end of year (total assets less liabilities)2014-12-31$136,509,606
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$125,017,238
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$111,665,706
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$0
Value of interest in master investment trust accounts at end of year2014-12-31$0
Value of interest in master investment trust accounts at beginning of year2014-12-31$124,247,238
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$2,000,000
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$0
Asset value of US Government securities at end of year2014-12-31$19,343,900
Asset value of US Government securities at beginning of year2014-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$3,500,000
Employer contributions (assets) at end of year2014-12-31$3,500,000
Employer contributions (assets) at beginning of year2014-12-31$770,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$4,880,352
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31LWBJ, LLP
Accountancy firm EIN2014-12-31421462849
2013 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$19,259,278
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$5,708,423
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$5,400,949
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$2,370,000
Value of total assets at end of year2013-12-31$125,017,238
Value of total assets at beginning of year2013-12-31$111,466,383
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$307,474
Total interest from all sources2013-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$10,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Administrative expenses (other) incurred2013-12-31$307,474
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$13,550,855
Value of net assets at end of year (total assets less liabilities)2013-12-31$125,017,238
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$111,466,383
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in master investment trust accounts at end of year2013-12-31$124,247,238
Value of interest in master investment trust accounts at beginning of year2013-12-31$107,086,383
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$2,370,000
Employer contributions (assets) at end of year2013-12-31$770,000
Employer contributions (assets) at beginning of year2013-12-31$4,380,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$5,400,949
Did the plan have assets held for investment2013-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31LWBJ, LLP
Accountancy firm EIN2013-12-31421462849
2012 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$20,632,200
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$4,547,344
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$4,274,962
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$5,830,000
Value of total assets at end of year2012-12-31$111,466,383
Value of total assets at beginning of year2012-12-31$95,381,527
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$272,382
Total interest from all sources2012-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$15,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Administrative expenses (other) incurred2012-12-31$272,382
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$16,084,856
Value of net assets at end of year (total assets less liabilities)2012-12-31$111,466,383
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$95,381,527
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in master investment trust accounts at end of year2012-12-31$107,086,383
Value of interest in master investment trust accounts at beginning of year2012-12-31$89,971,527
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$5,830,000
Employer contributions (assets) at end of year2012-12-31$4,380,000
Employer contributions (assets) at beginning of year2012-12-31$5,410,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$4,274,962
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Did the plan have assets held for investment2012-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31LWBJ, LLP
Accountancy firm EIN2012-12-31421462849
2011 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$11,503,207
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$3,892,505
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$3,645,923
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$6,620,000
Value of total assets at end of year2011-12-31$95,381,527
Value of total assets at beginning of year2011-12-31$87,770,825
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$246,582
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$15,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Administrative expenses (other) incurred2011-12-31$246,582
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$7,610,702
Value of net assets at end of year (total assets less liabilities)2011-12-31$95,381,527
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$87,770,825
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in master investment trust accounts at end of year2011-12-31$89,971,527
Value of interest in master investment trust accounts at beginning of year2011-12-31$81,150,825
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$6,620,000
Employer contributions (assets) at end of year2011-12-31$5,410,000
Employer contributions (assets) at beginning of year2011-12-31$6,620,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$3,645,923
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31LWBJ, LLP
Accountancy firm EIN2011-12-31421462849
2010 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$23,574,826
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$4,694,514
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$4,484,102
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$13,795,000
Value of total assets at end of year2010-12-31$87,770,825
Value of total assets at beginning of year2010-12-31$68,890,513
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$210,412
Total interest from all sources2010-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$15,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Administrative expenses (other) incurred2010-12-31$210,412
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$18,880,312
Value of net assets at end of year (total assets less liabilities)2010-12-31$87,770,825
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$68,890,513
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in master investment trust accounts at end of year2010-12-31$81,150,825
Value of interest in master investment trust accounts at beginning of year2010-12-31$68,885,513
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$13,795,000
Employer contributions (assets) at end of year2010-12-31$6,620,000
Employer contributions (assets) at beginning of year2010-12-31$5,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$4,484,102
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31LWBJ, LLP
Accountancy firm EIN2010-12-31421462849
2009 : DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN

2022: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: DANFOSS POWER SOLUTIONS EMPLOYEES' RETIREMENT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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