Defined Benefit (Pension) · DOL Form 5500 · 2022
Siemens Energy, Inc. Pension Plan
Data updated 2026-08-11
- $559M
- Total assets
- 2,956
- Participants
- 98th
- Percentile by assets
- $189,100
- Avg per participant
Official DOL plan name: Siemens Energy, Inc. Pension Plan · Sponsored by Siemens Energy, Inc. · Florida · Utilities
$559M in assets, 2,956 participants
Siemens Energy, Inc.'s Siemens Energy, Inc. Pension Plan reported $559M in total assets and 2,956 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #624 in Utilities (738 peers)
Coverage in Florida
Siemens Energy, Inc. Pension Plan covers 2,956 participants in Florida, 4.7x the typical Florida plan (state average ~628 per filing). Assets: $559M.
- $559M
- total plan assets (2022 EOY)
- 2,956
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $189,100
- avg assets per participant
The plan reported a net loss of $172M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Siemens Energy, Inc. Pension Plan reports 2,956 participants - 4.7x that state average ($559M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $743M |
|---|---|
| Net Assets (End of Year) | $554M |
| Net Income | -$172M |
| Employer EIN | 133987280 |
| Plan Effective Date | 2020-09-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Siemens Energy, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 12,512 | $3.7B |
| 2023 | 2 | 12,398 | $4.1B |
| 2024 | 2 | 13,029 | $4.5B |
Nearby Defined Benefit (Pension) Plans in Florida
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Siemens Energy, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
- L3harris Aviation Products Pension Plan $6.6B · 10
- Nextera Energy, Inc. Employee Pension Plan $4.8B · 13,210
- Csx Pension Plan $2.2B · 2,728
- Retirement Benefit Accumulation Plan for Employees of Pwc LLP $1.9B · 5,861
- Pricewaterhousecoopers LLP Retirement Accumulation Plan for Partners $1.8B · 3,819
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Siemens Energy, Inc. Pension Plan by total assets, not by location.
- Brown-Forman Corporation Salaried Employees Retirement Plan (KY) $560M · 1,262
- Teledyne Technologies Incorporated Pension Plan (CA) $560M · 114
- Structural Iw Local #1 Pension Plan (IL) $560M · 1,233
- Arconic Corp. Pension Plan B (PA) $557M · 4,207
Frequently Asked Questions
How did Siemens Energy, Inc. Pension Plan assets move in 2022? ▼
How have Siemens Energy, Inc. plan assets changed over time? ▼
Where does Siemens Energy, Inc. Pension Plan rank by assets among Form 5500 filers? ▼
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Next read for Siemens Energy, Inc. Pension Plan
Filing takeaways
Ways to act on Siemens Energy, Inc. Pension Plan's numbers.
- By total assets, Siemens Energy, Inc. Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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