Daikin Applied Americas Inc. 401(k) Plan: Login, Facts & Contact Information

Daikin Applied Americas Inc. 401(k) Plan Facts

Plan name
RETIREMENT SAVINGS PLAN FOR DAIKIN GROUP AFFILIATED COMPANIES
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DAIKIN APPLIED AMERICAS INC.
Participants
8,359 (6,659 active employees)
Former employees with a balance
2,322
Plan assets
$589,805,342 at Dec 31, 2024
Average account balance
$67,716 across 8,710 accounts
Employer contributions
$26,913,222 in plan year 2024 (36% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1982
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $75.0 million went into the plan in contributions, $26.9 million of it from the employer (36%).
  • $56.0 million was paid out to participants.
  • Investment and other income added $62.9 million.
  • Administrative expenses were $720,133, about $83 per account.

How the Daikin Applied Americas Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20196,835$331.8 million$13.6 million$36.1 million
20206,832$383.7 million$15.6 million$34.1 million
20217,126$445.7 million$17.1 million$42.0 million
20227,438$407.9 million$19.9 million$39.1 million
20238,072$499.1 million$23.4 million$37.9 million
20248,359$589.8 million$26.9 million$56.0 million

Daikin Applied Americas Inc. 401(k) Contact Information

Phone
763-553-5315
Mailing address
13600 INDUSTRIAL PARK BLVD., MINNEAPOLIS MN 55441
Plan sponsor
DAIKIN APPLIED AMERICAS INC.
Employer identification number (EIN)
41-0404230
Plan number
016

Questions about the Daikin Applied Americas Inc. 401(k)

Does Daikin Applied Americas Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $26.9 million, 36% of all contributions.

Does the Daikin Applied Americas Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Daikin Applied Americas Inc 401(k) plan?

8,359 participants at the start of plan year 2024, 6,659 of them active employees, and 2,322 former employees who still had money in the plan.

What is the average 401(k) balance at Daikin Applied Americas Inc?

About $67,716 per account: $589.8 million in plan assets across 8,710 accounts with a balance at the end of plan year 2024.

Who manages the Daikin Applied Americas Inc 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER AND S) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Daikin Applied Americas Inc. How do I access my 401(k)?

Your account stays with Merrill Benefits OnLine after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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