401(k) · DOL Form 5500 · 2024

The Siemon Company 401(k) Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
238
Participants Below avg headcount
89th
Percentile by assets National rank
$345,996
Avg per participant High balance/head
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Official DOL plan name: The Siemon Company 401(k) Profit Sharing Plan · Sponsored by The Siemon Company · Connecticut · Manufacturing

$82M in assets, 238 participants

The Siemon Company's The Siemon Company 401(k) Profit Sharing Plan reported $82M in total assets and 238 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #14,886 in Manufacturing (17,777 peers)

Coverage in Connecticut

The Siemon Company 401(k) Profit Sharing Plan covers 238 participants in Connecticut, about 33% of the average Connecticut filer (state average ~718 per filing). Assets: $82M.

#14,886
in Manufacturing (17,777 peers)
+14.0%
assets growth YoY
0.8×
vs typical plan assets (national mean)

The Siemon Company 401(k) Profit Sharing Plan's outsized position by total assets

The Siemon Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$82,347,086 Top 11% higher than 89% 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

The Siemon Company 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Siemon Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (238 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Siemon Company 401(k) Profit Sharing Plan reported net income rose from $7M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • The Siemon Company 401(k) Profit Sharing Plan end-of-year assets rose from $72M in the plan year 2023 filing to $82M in the plan year 2024 filing.
  • The Siemon Company 401(k) Profit Sharing Plan reported participants fell from 264 in the plan year 2023 filing to 238 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 060535180 · The Siemon Company PY 2024 · 401(k)

The Siemon Company 401(k) Profit Sharing Plan · $82M · 238 · 89th

  • PCT $82M
  • PCT 238
  • PCT 89th
  • PCT 401(k)
  • PCT near Balfour Beatty LLC 401(k) Plan
  • PCT ind #14886

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 Manufacturing retirement plans → · Plans in Connecticut →

The Siemon Company 401(k) Profit Sharing Plan in the asset neighbourhood

Wolfram Research, Inc. 401(k) PlanWolfram Research, Inc. 401(k…$82MDelaware Resource Group of Oklahoma, LLC 401(k) PlanDelaware Resource Group of O…$82MThe Siemon Company 401(k) Profit Sharing PlanThe Siemon Company 401(k) Pr…$82MBalfour Beatty LLC 401(k) PlanBalfour Beatty LLC 401(k) Pl…$82MHills Bank and Trust Co 401(k) Profit Sharing PlanHills Bank and Trust Co 401(…$82M
End-of-year total assets ($M) among The Siemon Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Connecticut filing particulars

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$82M
Net Income$10M
Employer EIN060535180
Plan Effective Date1983-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Siemon Company)

Sponsor-wide plan assets over time

All The Siemon Company plans reported in each filing year

Latest sponsor-wide plan assets
$82M 27.053382607823846% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $64.8M $82.4M ▲ +27.1%
Year Plans Participants Total Assets
2022 1 269 $65M
2023 1 264 $72M
2024 1 238 $82M

Nearby 401(k) Plans in Connecticut

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

The Siemon Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants The Siemon Company 401(k) Profit Sharing Plan, Total assets ($B): 0.082347086 · Participants: 238The Siemon Company 401(k) Profit Sharing PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
The Siemon Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

The Siemon Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Balfour Beatty LLC 401(k) Plan in TX ($82M); by covered participants it is Prevailing Multiple Employer Plan in PA (238 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (238 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 The Siemon Company 401(k) Profit Sharing Plan assets move in 2024?
The Siemon Company 401(k) Profit Sharing Plan grew at a solid clip - up 14.0% during 2024, from $72M to $82M. Reported net income was $10M.
How have The Siemon Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Siemon Company's sponsor-wide assets grew 27.1%, from $65M to $82M.
Where does The Siemon Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
The Siemon Company 401(k) Profit Sharing Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Siemon Company 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Balfour Beatty LLC 401(k) Plan in TX ($82M, 1,502 participants).
Which 401(k) plans cover a similar participant headcount to The Siemon Company 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Prevailing Multiple Employer Plan in PA (238 participants, N/A in assets).