Defined Benefit (Pension) · DOL Form 5500 · 2024

Siemens Corporation Pension Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
4,187
Participants Above avg headcount
99th
Percentile by assets National rank
$342,416
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Siemens Pension Plan · Sponsored by Siemens Corporation · New Jersey · Management of Enterprises

$1.4B in assets, 4,187 participants

Siemens Corporation's Siemens Pension Plan reported $1.4B in total assets and 4,187 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #1,091 in Management of Enterprises (1,133 peers)

Coverage in New Jersey

Siemens Pension Plan covers 4,187 participants in New Jersey, 5.0x the typical New Jersey plan (state average ~844 per filing). Assets: $1.4B.

#1,091
in Management of Enterprises (1,133 peers)
-6.8%
assets change YoY
14×
vs typical plan assets (national mean)

The plan reported a net loss of $85M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Siemens Pension Plan's outsized position by total assets

Siemens Pension Plan vs every filed plan by assets

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

$1,433,697,545 Top 1% higher than 99% 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 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 Pension Plan lands in the large band (4,187 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Siemens Pension Plan reported net income fell from $34M in the plan year 2023 filing to -$85M in the plan year 2024 filing.
  • Siemens Pension Plan reported participants fell from 4,505 in the plan year 2023 filing to 4,187 in the plan year 2024 filing.
  • Siemens Pension Plan end-of-year assets fell from $1.5B in the plan year 2023 filing to $1.4B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 132623356 · Siemens Corporation PY 2024 · Defined Benefit (Pension)

Siemens Pension Plan · $1.4B · 4,187 · 99th

  • BOOK $1.4B
  • VS-ST 4,187
  • BOY 99th
  • SCH Defined Benefit (Pension)
  • EBSA near Huntington Ingalls Industries Retirement Plan B
  • PART ind #1091

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 Management of Enterprises retirement plans → · Plans in New Jersey →

Siemens Pension Plan in the asset neighbourhood

Huntington Ingalls Industries Retirement Plan BHuntington Ingalls Industrie…$1.4BJohnson Controls Pension Plan$1.4BRetirement Plan of Carilion ClinicRetirement Plan of Carilion …$1.4BSiemens Pension Plan$1.4BFelra & Ufcw Pension Plan$1.4B
End-of-year total assets ($B) among Siemens Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.4B
Net Income-$85M
Employer EIN132623356
Plan Effective Date1965-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Siemens Corporation)

Sponsor-wide plan assets over time

All Siemens Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$11.2B 23.011894396987888% vs 2022
2024 filing year
$8B$9B$10B$11B$12B 202220232024 $9.13B $11.2B ▲ +23.1%
Year Plans Participants Total Assets
2022 2 31,106 $9.1B
2023 2 32,258 $10.5B
2024 2 33,914 $11.2B

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Siemens Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Siemens Pension Plan, Total assets ($B): 1.433697545 · Participants: 4187Siemens Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merged Retirement PlanMerck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
Siemens Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Siemens Pension Plan side-by-side with 3 peers →

Siemens Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Huntington Ingalls Industries Retirement Plan B in VA ($1.4B); by covered participants it is Retirement System of the American National Red Cross in DC (4,198 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,187 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 Pension Plan assets move in 2024? ▼
Siemens Pension Plan pulled back noticeably - down 6.8% during 2024, from $1.5B to $1.4B. Reported net income was -$85M.
How have Siemens Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Siemens Corporation's sponsor-wide assets grew 23.0%, from $9.1B to $11.2B.
Where does Siemens Pension Plan rank by assets among Form 5500 filers? ▼
Siemens Pension Plan ranks in the 99th 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 Defined Benefit (Pension) plans are similar in size to Siemens Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Huntington Ingalls Industries Retirement Plan B in VA ($1.4B, 2,051 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Siemens Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement System of the American National Red Cross in DC (4,198 participants, $1.1B 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 132623356.

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.