Daikin Applied Americas 401(k) match, vesting and fees
What Daikin Applied Americas' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Eisner Amper LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 283 defined-contribution plans in manufacturing with 5,000 to 9,999 participants.
| Daikin Applied Americas: employer contribution per participant | $3,090 | |
| Peer median | $2,895 |
| Daikin Applied Americas: average balance | $67,716 | |
| Peer median | $115,263 |
| Daikin Applied Americas: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.08% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $499M at the end of plan year 2023 to $590M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 9,081 | $590M | $26.9M | $3,090 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 8,359 | $499M | $23.4M | $2,912 | 0.18% | Not published | Form 5500 ↗ |
Common questions
Does Daikin Applied Americas match 401(k) contributions?
The match terms for the Retirement Savings Plan for Daikin Group Affiliated Companies have not been published from its filing yet. The plan year 2024 filing reports $26.9M in employer contributions, about $3,090 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Daikin Applied Americas 401(k) match vested?
The vesting schedule for the Retirement Savings Plan for Daikin Group Affiliated Companies is not in the data published so far. Your Summary Plan Description states it.
Who manages the Daikin Applied Americas 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch, Pierce, Fenner and S. The plan administrator is Daikin Applied Americas Inc..
I left Daikin Applied Americas. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Daikin Applied Americas Inc., (763) 553-5315) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The Daikin Applied Americas old 401(k) page lists the contacts from every plan filing. Find an old Daikin Applied Americas 401(k)
Data from the public Form 5500 annual reports Daikin Applied Americas filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Daikin Applied Americas. Not financial advice. Report a correction · Methodology