401(k) · DOL Form 5500 · 2024
Siemens Corporation 401(k) Plan
Data updated 2026-08-25
- $9.8B
- Total assets Very large vs avg
- 29,727
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $329,763
- Avg per participant High balance/head
Official DOL plan name: Siemens Savings Plan · Sponsored by Siemens Corporation · New Jersey · Management of Enterprises
$9.8B in assets, 29,727 participants
Siemens Corporation's Siemens Savings Plan reported $9.8B in total assets and 29,727 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.
- #1,128 in Management of Enterprises (1,133 peers)
Coverage in New Jersey
Siemens Savings Plan covers 29,727 participants in New Jersey, 35x the typical New Jersey plan (state average ~844 per filing). Assets: $9.8B.
- #1,128
- in Management of Enterprises (1,133 peers)
- +9.7%
- assets growth YoY
- 98×
- vs typical plan assets (national mean)
Siemens Savings Plan's outsized position by total assets
Siemens Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$9,802,863,529 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Siemens 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 Savings Plan is a mega filing (29,727 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Siemens Savings Plan reported net income fell from $1.3B in the plan year 2023 filing to $1.0B in the plan year 2024 filing.
- Siemens Savings Plan end-of-year assets rose from $8.9B in the plan year 2023 filing to $9.8B in the plan year 2024 filing.
- Siemens Savings Plan reported participants rose from 27,753 in the plan year 2023 filing to 29,727 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 132623356 · Siemens Corporation PY 2024 · 401(k)
Siemens Savings Plan · $9.8B · 29,727 · 100th
- BOOK $9.8B
- BOOK 29,727
- BOOK 100th
- BOOK 401(k)
- BOOK near McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan
- BOOK ind #1128
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 Savings Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $8.9B |
|---|---|
| Net Assets (End of Year) | $9.8B |
| Net Income | $1.0B |
| Employer EIN | 132623356 |
| Plan Effective Date | 1980-01-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 31,106 | $9.1B |
| 2023 | 2 | 32,258 | $10.5B |
| 2024 | 2 | 33,914 | $11.2B |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
- Verizon Savings Plan for Management Employees $29.4B · 69,218
- Johnson and Johnson Savings Plan $23.6B · 42,583
- Ernst & Young Retirement Savings Plan $18.3B · 56,714
- Merck US Savings Plan $15.0B · 27,956
Scale composition for Siemens Savings Plan
Siemens Savings Plan reports $9.8B in end-of-year assets across 29,727 participants (0.080% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.032% of 93,925,755 covered participants) - about $329,763 per participant (2.4x the national average assets-per-participant) . Net income for plan year 2024 was $1.0B.
This plan identity (EIN 132623356, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.6B to $9.8B (+28.3%) while covered participants moved from 26,048 to 29,727 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 26,048 | $7.6B | Open filing |
| 2023 | 27,753 | $8.9B | Open filing |
| 2024 · index core | 29,727 | $9.8B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Siemens Pension Plan (Defined Benefit (Pension), $1.4B, 4,187 participants)
Siemens Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan in NY ($9.8B); by covered participants it is Leidos, Inc. Retirement Plan in VA (29,734 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($9.8B here).
- McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan (NY) $9.8B · 17,700
- The Permanente Medical Group, Inc. Salary Deferral Plan (CA) $9.9B · 21,688
- The Bank of New York Mellon Corporation 401(k) Savings Plan (PA) $9.9B · 24,183
- Qualcomm Incorporated Employee Savings and Retirement Plan (CA) $9.7B · 13,777
Similar participant headcount
Nearest other-state filings by covered participants (29,727 participants); asset peers above are excluded.
- Leidos, Inc. Retirement Plan (VA) 29,734 · 7 off
- Entertainment Industry 401(k) Plan (CA) 29,716 · 11 off
- Carmax, Inc. Retirement Savings Plan (VA) 29,683 · 44 off
- Texas Health 401(k) Retirement Plan (TX) 29,682 · 45 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.