Defined Benefit (Pension) · DOL Form 5500 · 2023

Siemens Energy, Inc. Pension Plan

Data updated 2026-08-25

$564M
Total assets Above avg plan size
2,621
Participants Above avg headcount
98th
Percentile by assets National rank
$215,011
Avg per participant Above avg balance/head
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Official DOL plan name: Siemens Energy, Inc. Pension Plan · Sponsored by Siemens Energy, Inc. · Florida · Utilities

$564M in assets, 2,621 participants

Siemens Energy, Inc.'s Siemens Energy, Inc. Pension Plan reported $564M in total assets and 2,621 participants in its 2023 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.

  • #605 in Utilities (721 peers)

Coverage in Florida

Siemens Energy, Inc. Pension Plan covers 2,621 participants in Florida, 4.2x the typical Florida plan (state average ~628 per filing). Assets: $564M.

#605
in Utilities (721 peers)
+0.8%
assets growth YoY
5.7×
vs typical plan assets (national mean)

Siemens Energy, Inc. Pension Plan's outsized position by total assets

Siemens Energy, Inc. Pension Plan vs every filed plan by assets

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

$563,544,665 Top 2% higher than 98% 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 Energy, Inc. 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 Energy, Inc. Pension Plan lands in the large band (2,621 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Siemens Energy, Inc. Pension Plan reported net income rose from -$172M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Siemens Energy, Inc. Pension Plan reported participants fell from 2,956 in the plan year 2022 filing to 2,621 in the plan year 2023 filing.
  • Siemens Energy, Inc. Pension Plan end-of-year assets rose from $559M in the plan year 2022 filing to $564M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 133987280 · Siemens Energy, Inc. PY 2023 · Defined Benefit (Pension)

Siemens Energy, Inc. Pension Plan · $564M · 2,621 · 98th

  • EIN $564M
  • RANK 2,621
  • PHOTO 98th
  • IND Defined Benefit (Pension)
  • EOY near Connecticut Laborers' Pension Plan
  • 5500 ind #605

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 Utilities retirement plans → · Plans in Florida →

Siemens Energy, Inc. Pension Plan in the asset neighbourhood

Arconic Corp. Pension Plan B$565M32bj School Workers Pension Fund32bj School Workers Pension …$565MConnecticut Laborers' Pension PlanConnecticut Laborers' Pensio…$565MSiemens Energy, Inc. Pension PlanSiemens Energy, Inc. Pension…$564MResolute Fp US Pension Plan$562M
End-of-year total assets ($M) among Siemens Energy, Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$559M
Net Assets (End of Year)$558M
Net Income$4M
Employer EIN133987280
Plan Effective Date2020-09-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Siemens Energy, Inc.)

Sponsor-wide plan assets over time

All Siemens Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4.5B 22.377438142076862% vs 2022
2024 filing year
$3.5B$4B$4.5B$5B 202220232024 $3.67B $4.49B ▲ +22.3%
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 Scatter plot of 6 data points. 050001000015000 0246810 Total assets ($B) Participants Siemens Energy, Inc. Pension Plan, Total assets ($B): 0.563544665 · Participants: 2621Siemens Energy, Inc. Pension PlanL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.749240033 · Participants: 4676L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.124263985 · Participants: 13121Nextera Energy, Inc. Employee Pension PlanCsx Pension Plan, Total assets ($B): 2.367781795 · Participants: 2446Csx Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.24071421 · Participants: 3967Retirement Accumulation Plan for Partners of PwcRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.916753026 · Participants: 5514Retirement Benefit Accumulation Plan for Employees of Pwc
Siemens Energy, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
Compare Siemens Energy, Inc. Pension Plan side-by-side with 3 peers →

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

Outside Florida, the nearest Defined Benefit (Pension) by assets is Connecticut Laborers' Pension Plan in CT ($565M); by covered participants it is Park Ohio Industries and Subsidiaries Pension Plan in OH (2,622 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($564M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,621 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 Energy, Inc. Pension Plan assets move in 2023? ▼
Siemens Energy, Inc. Pension Plan held essentially flat - up 0.8% during 2023, from $559M to $564M. Reported net income was $4M.
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. Pension Plan rank by assets among Form 5500 filers? ▼
Siemens Energy, Inc. Pension Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Siemens Energy, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Connecticut Laborers' Pension Plan in CT ($565M, 2,423 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Siemens Energy, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Park Ohio Industries and Subsidiaries Pension Plan in OH (2,622 participants, $151M 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 133987280.

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.