Defined Benefit (Pension) · DOL Form 5500 · 2023

Siemens Corporation Pension Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
4,505
Participants Above avg headcount
99th
Percentile by assets National rank
$341,326
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Siemens Pension Plan · Sponsored by Siemens Corporation · New Jersey · Management of Enterprises

$1.5B in assets, 4,505 participants

Siemens Corporation's Siemens Pension Plan reported $1.5B in total assets and 4,505 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #1,099 in Management of Enterprises (1,137 peers)

Coverage in New Jersey

Siemens Pension Plan covers 4,505 participants in New Jersey, 5.3x the typical New Jersey plan (state average ~844 per filing). Assets: $1.5B.

#1,099
in Management of Enterprises (1,137 peers)
+3.1%
assets growth YoY
15×
vs typical plan assets (national mean)

Siemens Pension Plan's outsized position by total assets

Siemens Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,537,672,312 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 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 2023

Siemens Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Siemens Pension Plan lands in the large band (4,505 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Siemens Pension Plan reported net income rose from -$475M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Siemens Pension Plan reported participants fell from 5,058 in the plan year 2022 filing to 4,505 in the plan year 2023 filing.
  • Siemens Pension Plan end-of-year assets rose from $1.5B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 132623356 · Siemens Corporation PY 2023 · Defined Benefit (Pension)

Siemens Pension Plan · $1.5B · 4,505 · 99th

  • BOOK $1.5B
  • VS-ST 4,505
  • BOY 99th
  • SCH Defined Benefit (Pension)
  • EBSA near Graphic Communications Conference National Pension Fund
  • PART ind #1099

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in New Jersey →

Siemens Pension Plan in the asset neighbourhood

Northwest Sheet Metal Workers Pension PlanNorthwest Sheet Metal Worker…$1.5BPipeline Industry Pension FundPipeline Industry Pension Fu…$1.6BSiemens Pension Plan$1.5BGraphic Communications Conference National Pension FundGraphic Communications Confe…$1.5BSupervalu Inc. Retirement PlanSupervalu Inc. Retirement Pl…$1.5B
End-of-year total assets ($B) among Siemens Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.5B
Net Income$34M
Employer EIN132623356
Plan Effective Date1965-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Siemens Corporation)

Sponsor-wide plan assets over time

All Siemens Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$11.2B 23.011894396987888% vs 2022
2024 filing year
$8B$9B$10B$11B$12B 202220232024 $9.13B $11.2B ▲ +23.1%
Year Plans Participants Total Assets
2022 2 31,106 $9.1B
2023 2 32,258 $10.5B
2024 2 33,914 $11.2B

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Siemens Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Siemens Pension Plan, Total assets ($B): 1.537672312 · Participants: 4505Siemens Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Siemens Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Siemens Pension Plan side-by-side with 3 peers →

Siemens Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Graphic Communications Conference National Pension Fund in IL ($1.5B); by covered participants it is Edison Pension Plan in OR (4,497 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,505 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Siemens Pension Plan assets move in 2023? ▼
Siemens Pension Plan edged up modestly - up 3.1% during 2023, from $1.5B to $1.5B. Reported net income was $34M.
How have Siemens Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Siemens Corporation's sponsor-wide assets grew 23.0%, from $9.1B to $11.2B.
Where does Siemens Pension Plan rank by assets among Form 5500 filers? ▼
Siemens Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Siemens Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Graphic Communications Conference National Pension Fund in IL ($1.5B, 720 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Siemens Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Edison Pension Plan in OR (4,497 participants, $922M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 132623356.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.