401(k) · DOL Form 5500 · 2022

Siemens Energy, Inc. 401(k) Plan

Data updated 2026-08-06

$3.1B
Total assets: 9,556
Participants: 100th
Percentile by assets: $325,383
Avg per participant

Official DOL plan name: Siemens Energy, Inc. Savings Plan · Sponsored by Siemens Energy, Inc. · Florida · Utilities

$3.1B in assets, 9,556 participants

Siemens Energy, Inc.'s Siemens Energy, Inc. Savings Plan reported $3.1B in total assets and 9,556 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

100th percentile by assets (of 139,258 plans)
#706 in Utilities (739 peers)

Coverage in Florida

Siemens Energy, Inc. Savings Plan covers 9,556 participants in Florida, 15x the typical Florida plan (state average ~631 per filing). Assets: $3.1B.

$3.1B
total plan assets (2022 EOY): 9,556
covered participants: 100th
percentile by assets (of 139,258 plans): $325,383
avg assets per participant

The plan reported a net loss of $606M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Florida

Industry

Utilities

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. Siemens Energy, Inc. Savings Plan reports 9,556 participants - 15x that state average ($3.1B EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)	$3.7B
Net Assets (End of Year)	$3.1B
Net Income	-$606M
Employer EIN	133987280
Plan Effective Date	2020-09-28
Filing Status	FILING RECEIVED

Sponsor Plan History (Siemens Energy, Inc.)

Total plan assets by year, all Siemens Energy, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	12,512	$3.7B
2023	2	12,398	$4.1B
2024	2	13,029	$4.5B

Nearby 401(k) Plans in Florida

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

Siemens Energy, Inc. Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

L3harris Retirement Savings Plan $12.9B · 41,096
Savings Plan for Employees and Partners of Pricewatercoopers LLP $9.1B · 50,354
Adp Totalsource Retirement Savings Plan $6.7B · 287,453
Publix Super Markets, Inc. 401(k) Smart Plan $6.1B · 176,752
Nextera Energy, Inc. Employee Retirement Savings Plan $5.4B · 14,889

Compare Siemens Energy, Inc. Savings Plan side-by-side with 3 peers →

Scale composition for Siemens Energy, Inc. Savings Plan

Siemens Energy, Inc. Savings Plan reports $3.1B in end-of-year assets across 9,556 participants (0.027% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.011% of 89,805,449 covered participants) - about $325,383 per participant (2.4x the national average assets-per-participant) . Net income for plan year 2022 was -$606M.

This plan identity (EIN 133987280, plan #021) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.1B to $4.0B (+27.3%) while covered participants moved from 9,556 to 10,564 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	9,556	$3.1B	This page
2023	9,777	$3.5B	Open filing
2024 · index core	10,564	$4.0B	Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Siemens Energy, Inc. Savings Plan (401(k), $4.0B, 10,564 participants)
Siemens Energy, Inc. Pension Plan (Defined Benefit (Pension), $532M, 2,465 participants)

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Siemens Energy, Inc. Savings Plan by total assets, not by location.

The Interpublic Group of Companies, Inc. Savings Plan (NY) $3.1B · 23,759
Mufg Bank Ltd. 401(k) Plan (NY) $3.1B · 12,850
Fifth Third Bancorp 401(k) Savings Plan (OH) $3.1B · 19,317
Crh Americas 401(k) Plan (GA) $3.1B · 37,032

Frequently Asked Questions

How did Siemens Energy, Inc. Savings Plan assets move in 2022? ▼

Siemens Energy, Inc. Savings Plan declined sharply - down 16.4% during 2022, from $3.7B to $3.1B. Reported net income was -$606M.

How have Siemens Energy, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Siemens Energy, Inc.'s sponsor-wide assets grew 22.4%, from $3.7B to $4.5B.

Where does Siemens Energy, Inc. Savings Plan rank by assets among Form 5500 filers? ▼

Siemens Energy, Inc. Savings Plan ranks in the 100th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Siemens Energy, Inc. Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is The Interpublic Group of Companies, Inc. Savings Plan in NY ($3.1B, 23,759 participants).

Next read for Siemens Energy, Inc. Savings Plan

Filing takeaways

Ways to act on Siemens Energy, Inc. Savings Plan's numbers.

By total assets, Siemens Energy, Inc. Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Florida. Compare plans
Siemens Energy, Inc.'s sponsor-wide assets have grown 22.4% since 2022 across 3 plan years on file. More Utilities plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 133987280.