401(k) · DOL Form 5500 · 2023

Siemens Medical Solutions USA, Inc. 401(k) Plan

Data updated 2026-08-25

$5.8B
Total assets Very large vs avg
13,340
Participants Very large workforce
100th
Percentile by assets National rank
$432,242
Avg per participant High balance/head
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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.

  • #1,129 in Management of Enterprises (1,137 peers)

Coverage in Pennsylvania

Siemens Medical Solutions USA, Inc. Savings Plan covers 13,340 participants in Pennsylvania, 16x the typical Pennsylvania plan (state average ~822 per filing). Assets: $5.8B.

#1,129
in Management of Enterprises (1,137 peers)
+13.0%
assets growth YoY
58×
vs typical plan assets (national mean)

Siemens Medical Solutions USA, Inc. Savings Plan's outsized position by total assets

Siemens Medical Solutions USA, Inc. Savings Plan vs every filed plan by assets

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

$5,766,104,579 Highest reported value at or above every one 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 Medical Solutions USA, Inc. Savings Plan's mega-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 Medical Solutions USA, Inc. Savings Plan is a mega filing (13,340 participants), the rightmost band on the breakdown.

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.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 222417778 · Siemens Medical Solutions USA, Inc. PY 2023 · 401(k)

Siemens Medical Solutions USA, Inc. Savings Plan · $5.8B · 13,340 · 100th

  • PCT $5.8B
  • EIN 13,340
  • RANK 100th
  • PHOTO 401(k)
  • IND near Geico 401(k) Savings Plan
  • EOY ind #1129

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 Pennsylvania →

Siemens Medical Solutions USA, Inc. Savings Plan in the asset neighbourhood

Boston Scientific Corporation 401(k) Retirement Savings PlanBoston Scientific Corporatio…$5.8BPhilips North America 401(k) PlanPhilips North America 401(k)…$5.8BSiemens Medical Solutions USA, Inc. Savings PlanSiemens Medical Solutions US…$5.8BGeico 401(k) Savings Plan$5.8BEdison 401(k) Savings Plan$5.7B
End-of-year total assets ($B) among Siemens Medical Solutions USA, Inc. Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$5.1B
Net Assets (End of Year)$5.8B
Net Income$660M
Employer EIN222417778
Plan Effective Date2018-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Siemens Medical Solutions USA, Inc.)

Sponsor-wide plan assets over time

All Siemens Medical Solutions USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8.7B 46.069220125599585% vs 2022
2024 filing year
$5B$6B$7B$8B$9B 202220232024 $5.92B $8.65B ▲ +46.1%
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 Scatter plot of 6 data points. 020000400006000080000100000 5101520 Total assets ($B) Participants Siemens Medical Solutions USA, Inc. Savings Plan, Total assets ($B): 5.766104579 · Participants: 13340Siemens Medical Solutions USA, Inc. Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Siemens Medical Solutions USA, Inc. Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Siemens Medical Solutions USA, Inc. Savings Plan side-by-side with 3 peers →

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 (0.047% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $432,242 per participant (3.1x 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's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Geico 401(k) Savings Plan in DC ($5.8B); by covered participants it is Bed Bath & Beyond Inc. 401(k) Savings Plan in NJ (13,345 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (13,340 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 Medical Solutions USA, Inc. Savings Plan assets move in 2023? ▼
Siemens Medical Solutions USA, Inc. Savings Plan grew at a solid clip - up 13.0% during 2023, from $5.1B to $5.8B. Reported net income was $660M.
How have Siemens Medical Solutions USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Siemens Medical Solutions USA, Inc.'s sponsor-wide assets grew 46.1%, from $5.9B to $8.7B.
Where does Siemens Medical Solutions USA, Inc. Savings Plan rank by assets among Form 5500 filers? ▼
Siemens Medical Solutions USA, Inc. Savings Plan ranks in the 100th 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 401(k) plans are similar in size to Siemens Medical Solutions USA, Inc. Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Geico 401(k) Savings Plan in DC ($5.8B, 39,034 participants).
Which 401(k) plans cover a similar participant headcount to Siemens Medical Solutions USA, Inc. Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bed Bath & Beyond Inc. 401(k) Savings Plan in NJ (13,345 participants, $70 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 222417778.

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.