401(k) · DOL Form 5500 · 2022

The Siemon Company 401(k) Plan

Data updated 2026-08-11

$65M
Total assets
269
Participants
90th
Percentile by assets
$240,940
Avg per participant
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Official DOL plan name: The Siemon Company 401(k) Profit Sharing Plan · Sponsored by The Siemon Company · Connecticut · Manufacturing

$65M in assets, 269 participants

The Siemon Company's The Siemon Company 401(k) Profit Sharing Plan reported $65M in total assets and 269 participants in its 2022 DOL Form 5500 filing, ranking in the 90th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 90th percentile by assets (of 139,126 plans)
  • #17,546 in Manufacturing (20,602 peers)

Coverage in Connecticut

The Siemon Company 401(k) Profit Sharing Plan covers 269 participants in Connecticut, about 37% of the average Connecticut filer (state average ~718 per filing). Assets: $65M.

$65M
total plan assets (2022 EOY)
269
covered participants
90th
percentile by assets (of 139,126 plans)
$240,940
avg assets per participant

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where The Siemon Company 401(k) Profit Sharing Plan sits by total assets

The Siemon Company 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$64,812,982 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 718 participants across 1,906 plans. The Siemon Company 401(k) Profit Sharing Plan reports 269 participants - about 37% of that state average ($65M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$65M
Net Income-$14M
Employer EIN060535180
Plan Effective Date1983-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Siemon Company)

$60M$70M$80M$90M 202220232024 $64.8M $82.4M ▲ +27.1%
Total plan assets by year, all The Siemon Company plans on file
Year Plans Participants Total Assets
2022 1 269 $65M
2023 1 264 $72M
2024 1 238 $82M

Nearby 401(k) Plans in Connecticut

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Siemon Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants The Siemon Company 4…, Total assets ($B): 0.064812982 · Participants: 269The Siemon Company 4…United Technologies …, Total assets ($B): 48.916975 · Participants: 55762United Technologies …GE Retirement Saving…, Total assets ($B): 24.786830027 · Participants: 57522GE Retirement Saving…Citi Retirement Savi…, Total assets ($B): 17.438946034 · Participants: 70070Citi Retirement Savi…The Hartford Investm…, Total assets ($B): 5.615003 · Participants: 17724The Hartford Investm…Xerox Corporation Sa…, Total assets ($B): 3.641347 · Participants: 11876Xerox Corporation Sa…
The Siemon Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Siemon Company 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did The Siemon Company 401(k) Profit Sharing Plan assets move in 2022?
The Siemon Company 401(k) Profit Sharing Plan declined sharply - down 17.3% during 2022, from $78M to $65M. Reported net income was -$14M.
How have The Siemon Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Siemon Company's sponsor-wide assets grew 27.1%, from $65M to $82M.
Where does The Siemon Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
The Siemon Company 401(k) Profit Sharing Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The Siemon Company 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is The Profit Sharing Plan and Trust of West Coast Paper Company in WA ($65M, 547 participants).

Next read for The Siemon Company 401(k) Profit Sharing…

Filing takeaways

Ways to act on The Siemon Company 401(k) Profit Sharing Plan's numbers.

  • By total assets, The Siemon Company 401(k) Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Connecticut. Compare plans
  • The Siemon Company's sponsor-wide assets have grown 27.1% since 2022 across 3 plan years on file. More Manufacturing plans