Defined Benefit (Pension) · DOL Form 5500 · 2024

Siemens Energy, Inc. Pension Plan

Data updated 2026-08-25

$532M
Total assets Above avg plan size
2,465
Participants Above avg headcount
97th
Percentile by assets National rank
$215,699
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

$532M in assets, 2,465 participants

Siemens Energy, Inc.'s Siemens Energy, Inc. Pension Plan reported $532M in total assets and 2,465 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #597 in Utilities (732 peers)

Coverage in Florida

Siemens Energy, Inc. Pension Plan covers 2,465 participants in Florida, 3.9x the typical Florida plan (state average ~628 per filing). Assets: $532M.

#597
in Utilities (732 peers)
-5.7%
assets change YoY
5.3×
vs typical plan assets (national mean)

The plan reported a net loss of $31M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$531,698,170 Top 3% higher than 97% of 123,620 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 2024

Siemens Energy, Inc. Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 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 (2,465 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Siemens Energy, Inc. Pension Plan reported net income fell from $4M in the plan year 2023 filing to -$31M in the plan year 2024 filing.
  • Siemens Energy, Inc. Pension Plan reported participants fell from 2,621 in the plan year 2023 filing to 2,465 in the plan year 2024 filing.
  • Siemens Energy, Inc. Pension Plan end-of-year assets fell from $564M in the plan year 2023 filing to $532M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 133987280 · Siemens Energy, Inc. PY 2024 · Defined Benefit (Pension)

Siemens Energy, Inc. Pension Plan · $532M · 2,465 · 97th

  • NET $532M
  • BOOK 2,465
  • VS-ST 97th
  • BOY Defined Benefit (Pension)
  • SCH near Viacom Pension Plan
  • EBSA ind #597

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

Siemens Energy, Inc. Pension PlanSiemens Energy, Inc. Pension…$532MViacom Pension Plan$531MIms Health Incorporated Retirement PlanIms Health Incorporated Reti…$531MUnited Food & Commercial Workers Union Local 152 Retail Meat Pension PlanUnited Food & Commercial Wor…$530MDiageo North America, Inc. Cash Balance Pension PlanDiageo North America, Inc. C…$530M
End-of-year total assets ($M) among Siemens Energy, Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$564M
Net Assets (End of Year)$527M
Net Income-$31M
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. 05000100001500020000 02468 Total assets ($B) Participants Siemens Energy, Inc. Pension Plan, Total assets ($B): 0.53169817 · Participants: 2465Siemens Energy, Inc. Pension PlanL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.598643443 · Participants: 4996L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.345055504 · Participants: 14419Nextera Energy, Inc. Employee Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.667043153 · Participants: 3950Retirement Accumulation Plan for Partners of PwcCsx Pension Plan, Total assets ($B): 2.291461429 · Participants: 2293Csx Pension PlanRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.933306082 · Participants: 5001Retirement 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 Viacom Pension Plan in NY ($531M); by covered participants it is Bert Bell/Pete Rozelle Nfl Player Retirement Plan in MD (2,463 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,465 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Siemens Energy, Inc. Pension Plan pulled back noticeably - down 5.7% during 2024, from $564M to $532M. Reported net income was -$31M.
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 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Viacom Pension Plan in NY ($531M, 1,395 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 Bert Bell/Pete Rozelle Nfl Player Retirement Plan in MD (2,463 participants, $4.0B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.