401(k) · DOL Form 5500 · 2024
Siemens Energy, Inc. 401(k) Plan
Data updated 2026-08-11
- $4.0B
- Total assets
- 10,564
- Participants
- 100th
- Percentile by assets
- $374,624
- Avg per participant
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.
- 100th percentile by assets (of 123,622 plans)
- #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.
- $4.0B
- total plan assets (2024 EOY)
- 10,564
- covered participants
- 100th
- percentile by assets (of 123,622 plans)
- $374,624
- avg assets per participant
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.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Siemens Energy, Inc. Savings Plan reports 10,564 participants - 17x that state average ($4.0B EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $3.5B |
|---|---|
| Net Assets (End of Year) | $3.9B |
| Net Income | $420M |
| Employer EIN | 133987280 |
| Plan Effective Date | 2020-09-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Siemens Energy, Inc.)
| 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
- L3harris Retirement Savings Plan $16.3B · 40,330
- Savings Plan for Employees and Partners of Pwc $13.2B · 51,081
- Adp Totalsource Retirement Savings Plan $9.2B · 310,261
- Publix Super Markets, Inc. 401(k) Smart Plan $8.1B · 197,102
- Nextera Energy, Inc. Employee Retirement Savings Plan $5.5B · 16,678
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. Pension Plan (Defined Benefit (Pension), $532M, 2,465 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Siemens Energy, Inc. Savings Plan by total assets, not by location.
- Xerox Corporation Savings Plan (CT) $4.0B · 9,876
- Justworks Retirement Savings Plan (NY) $3.9B · 135,415
- The 401(k) Plan (TX) $3.9B · 29,059
- Fifth Third Bancorp 401(k) Savings Plan (OH) $4.0B · 19,005
Frequently Asked Questions
How did Siemens Energy, Inc. Savings Plan assets move in 2024? ▼
How have Siemens Energy, Inc. plan assets changed over time? ▼
Where does Siemens Energy, Inc. Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Siemens Energy, Inc. Savings Plan? ▼
Next read for Siemens Energy, Inc. Savings Plan
Filing takeaways
Ways to act on Siemens Energy, Inc. Savings Plan's numbers.
- By total assets, Siemens Energy, 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 Florida. Compare plans
- Siemens Energy, Inc.'s sponsor-wide assets have grown 22.4% since 2022 across 3 plan years on file. More Utilities plans