401(k) · DOL Form 5500 · 2023
Siemens Medical Solutions USA, Inc. 401(k) Plan
Data updated 2026-08-06
- $5.8B
- Total assets
- 13,340
- Participants
- 100th
- Percentile by assets
- $432,242
- Avg per participant
Official DOL plan name: Siemens Medical Solutions USA, Inc. Savings Plan · Sponsored by Siemens Medical Solutions USA, Inc. · Pennsylvania · Management of Enterprises
$5.8B in assets, 13,340 participants
Siemens Medical Solutions USA, Inc.'s Siemens Medical Solutions USA, Inc. Savings Plan reported $5.8B in total assets and 13,340 participants in its 2023 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 126,618 plans)
- #1,127 in Management of Enterprises (1,135 peers)
Coverage in Pennsylvania
Siemens Medical Solutions USA, Inc. Savings Plan covers 13,340 participants in Pennsylvania, 16x the typical Pennsylvania plan (state average ~824 per filing). Assets: $5.8B.
- $5.8B
- total plan assets (2023 EOY)
- 13,340
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $432,242
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Siemens Medical Solutions USA, Inc. Savings Plan reported net income rose from -$980M in the plan year 2022 filing to $660M in the plan year 2023 filing.
- Siemens Medical Solutions USA, Inc. Savings Plan end-of-year assets rose from $5.1B in the plan year 2022 filing to $5.8B in the plan year 2023 filing.
- Siemens Medical Solutions USA, Inc. Savings Plan reported participants rose from 12,813 in the plan year 2022 filing to 13,340 in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Siemens Medical Solutions USA, Inc. Savings Plan reports 13,340 participants - 16x that state average ($5.8B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $5.1B |
|---|---|
| Net Assets (End of Year) | $5.8B |
| Net Income | $660M |
| Employer EIN | 222417778 |
| Plan Effective Date | 2018-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Siemens Medical Solutions USA, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 16,248 | $5.9B |
| 2023 | 3 | 16,521 | $6.6B |
| 2024 | 3 | 15,813 | $8.7B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Siemens Medical Solutions USA, Inc. Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
Scale composition for Siemens Medical Solutions USA, Inc. Savings Plan
Siemens Medical Solutions USA, Inc. Savings Plan reports $5.8B in end-of-year assets across 13,340 participants (0.050% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.015% of 89,805,449 covered participants) - about $432,242 per participant (3.2x the national average assets-per-participant) . Net income for plan year 2023 was $660M.
This plan identity (EIN 222417778, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.1B to $7.9B (+54.3%) while covered participants moved from 12,813 to 12,884 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,813 | $5.1B | Open filing |
| 2023 | 13,340 | $5.8B | This page |
| 2024 · index core | 12,884 | $7.9B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Siemens Medical Solutions USA, Inc. Savings Plan (401(k), $7.9B, 12,884 participants)
- Siemens Medical Solutions USA, Inc. Pension Plan (Defined Benefit (Pension), $770M, 2,929 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Siemens Medical Solutions USA, Inc. Savings Plan by total assets, not by location.
- Geico 401(k) Savings Plan (DC) $5.8B · 39,034
- Philips North America 401(k) Plan (MA) $5.8B · 19,120
- Boston Scientific Corporation 401(k) Retirement Savings Plan (MA) $5.8B · 19,881
- Edison 401(k) Savings Plan (CA) $5.7B · 13,202
Frequently Asked Questions
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Filing takeaways
Ways to act on Siemens Medical Solutions USA, Inc. Savings Plan's numbers.
- By total assets, Siemens Medical Solutions USA, 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 Pennsylvania. Compare plans
- Siemens Medical Solutions USA, Inc.'s sponsor-wide assets have grown 46.1% since 2022 across 3 plan years on file. More Management of Enterprises plans