401(k) · DOL Form 5500 · 2024

Siemens Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$4.0B
Total assets Very large vs avg
10,564
Participants Very large workforce
100th
Percentile by assets National rank
$374,624
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Siemens Energy, Inc. Savings Plan · Sponsored by Siemens Energy, Inc. · Florida · Utilities

$4.0B in assets, 10,564 participants

Siemens Energy, Inc.'s Siemens Energy, Inc. Savings Plan reported $4.0B in total assets and 10,564 participants in its 2024 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.

  • #703 in Utilities (732 peers)

Coverage in Florida

Siemens Energy, Inc. Savings Plan covers 10,564 participants in Florida, 17x the typical Florida plan (state average ~628 per filing). Assets: $4.0B.

#703
in Utilities (732 peers)
+11.9%
assets growth YoY
40×
vs typical plan assets (national mean)

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

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,957,525,930 Highest reported value at or above every one 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. Savings Plan's mega-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. Savings Plan is a mega filing (10,564 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Siemens Energy, Inc. Savings Plan end-of-year assets rose from $3.5B in the plan year 2023 filing to $4.0B in the plan year 2024 filing.
  • Siemens Energy, Inc. Savings Plan reported participants rose from 9,777 in the plan year 2023 filing to 10,564 in the plan year 2024 filing.
  • Siemens Energy, Inc. Savings Plan reported net income fell from $422M in the plan year 2023 filing to $420M 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 · 401(k)

Siemens Energy, Inc. Savings Plan · $4.0B · 10,564 · 100th

  • PCT $4.0B
  • PCT 10,564
  • PCT 100th
  • PCT 401(k)
  • PCT near Xerox Corporation Savings Plan
  • PCT ind #703

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. Savings Plan in the asset neighbourhood

Fifth Third Bancorp 401(k) Savings PlanFifth Third Bancorp 401(k) S…$4.0BXerox Corporation Savings PlanXerox Corporation Savings Pl…$4.0BSiemens Energy, Inc. Savings PlanSiemens Energy, Inc. Savings…$4.0BJustworks Retirement Savings PlanJustworks Retirement Savings…$3.9BThe 401(k) Plan$3.9B
End-of-year total assets ($B) among Siemens Energy, Inc. Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$3.5B
Net Assets (End of Year)$3.9B
Net Income$420M
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 401(k) Plans in Florida

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

Siemens Energy, Inc. Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants Siemens Energy, Inc. Savings Plan, Total assets ($B): 3.95752593 · Participants: 10564Siemens Energy, Inc. Savings PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Siemens Energy, Inc. Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Siemens Energy, Inc. Savings Plan side-by-side with 3 peers →

Scale composition for Siemens Energy, Inc. Savings Plan

Siemens Energy, Inc. Savings Plan reports $4.0B in end-of-year assets across 10,564 participants (0.032% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $374,624 per participant (2.7x the national average assets-per-participant) . Net income for plan year 2024 was $420M.

This plan identity (EIN 133987280, plan #021) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.1B to $4.0B (+27.3%) while covered participants moved from 9,556 to 10,564 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,556 $3.1B Open filing
2023 9,777 $3.5B Open filing
2024 · index core 10,564 $4.0B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Siemens Energy, Inc. Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Xerox Corporation Savings Plan in CT ($4.0B); by covered participants it is Transdev North America, Inc. 401(k) Plan for Collectively Bargained Employees in IL (10,568 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (10,564 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. Savings Plan assets move in 2024? ▼
Siemens Energy, Inc. Savings Plan grew at a solid clip - up 11.9% during 2024, from $3.5B to $4.0B. Reported net income was $420M.
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. Savings Plan rank by assets among Form 5500 filers? ▼
Siemens Energy, Inc. Savings Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Siemens Energy, Inc. Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Xerox Corporation Savings Plan in CT ($4.0B, 9,876 participants).
Which 401(k) plans cover a similar participant headcount to Siemens Energy, Inc. Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Transdev North America, Inc. 401(k) Plan for Collectively Bargained Employees in IL (10,568 participants, $160M 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.