401(k) · DOL Form 5500 · 2023

Siemens Gamesa Renewable Energy, Inc. 401(k) Plan

Data updated 2026-08-11

$260M
Total assets
1,652
Participants
96th
Percentile by assets
$157,384
Avg per participant
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Official DOL plan name: Siemens Gamesa Renewable Energy, Inc. Savings Plan · Sponsored by Siemens Gamesa Renewable Energy, Inc. · Florida · Manufacturing

$260M in assets, 1,652 participants

Siemens Gamesa Renewable Energy, Inc.'s Siemens Gamesa Renewable Energy, Inc. Savings Plan reported $260M in total assets and 1,652 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #17,449 in Manufacturing (18,722 peers)

Coverage in Florida

Siemens Gamesa Renewable Energy, Inc. Savings Plan covers 1,652 participants in Florida, 2.6x the typical Florida plan (state average ~628 per filing). Assets: $260M.

$260M
total plan assets (2023 EOY)
1,652
covered participants
96th
percentile by assets (of 127,072 plans)
$157,384
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Siemens Gamesa Renewable Energy, Inc. Savings Plan reported net income rose from -$60M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Siemens Gamesa Renewable Energy, Inc. Savings Plan end-of-year assets rose from $216M in the plan year 2022 filing to $260M in the plan year 2023 filing.
  • Siemens Gamesa Renewable Energy, Inc. Savings Plan reported participants fell from 1,887 in the plan year 2022 filing to 1,652 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Siemens Gamesa Renewable Energy, Inc. Savings Plan reports 1,652 participants - 2.6x that state average ($260M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$216M
Net Assets (End of Year)$260M
Net Income$44M
Employer EIN813283763
Plan Effective Date2017-03-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Siemens Gamesa Renewable Energy, Inc.)

$200M$250M$300M$350M 202220232024 $216M $296M ▲ +37.2%
Total plan assets by year, all Siemens Gamesa Renewable Energy, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,887 $216M
2023 1 1,652 $260M
2024 1 1,897 $296M

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Siemens Gamesa Renewable Energy, Inc. Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Siemens Gamesa Renewable Energy, Inc. Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Siemens Gamesa Renew…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Trinet 401(k) PlanPublix Super Markets…
Siemens Gamesa Renewable Energy, Inc. Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Siemens Gamesa Renewable Energy, Inc. Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Siemens Gamesa Renewable Energy, Inc. Savings Plan assets move in 2023?
Siemens Gamesa Renewable Energy, Inc. Savings Plan grew sharply - up 20.3% during 2023, from $216M to $260M. Reported net income was $44M.
How have Siemens Gamesa Renewable Energy, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Siemens Gamesa Renewable Energy, Inc.'s sponsor-wide assets grew 37.2%, from $216M to $296M.
Where does Siemens Gamesa Renewable Energy, Inc. Savings Plan rank by assets among Form 5500 filers?
Siemens Gamesa Renewable Energy, Inc. Savings Plan ranks in the 96th 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 401(k) plans are similar in size to Siemens Gamesa Renewable Energy, Inc. Savings Plan?
Among 401(k) plans in other states, the closest by assets is Lhoist North America 401(k) Plan in TX ($260M, 1,609 participants).

Next read for Siemens Gamesa Renewable Energy, Inc. Sa…

Filing takeaways

Ways to act on Siemens Gamesa Renewable Energy, Inc. Savings Plan's numbers.

  • By total assets, Siemens Gamesa Renewable Energy, Inc. Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Florida. Compare plans
  • Siemens Gamesa Renewable Energy, Inc.'s sponsor-wide assets have grown 37.2% since 2022 across 3 plan years on file. More Manufacturing plans