Defined Benefit (Pension) · DOL Form 5500 · 2024
Siemens Medical Solutions USA, Inc. Pension Plan
Data updated 2026-08-25
- $770M
- Total assets Above avg plan size
- 2,929
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $262,967
- Avg per participant High balance/head
Official DOL plan name: Siemens Medical Solutions USA, Inc. Pension Plan · Sponsored by Siemens Medical Solutions USA, Inc. · Pennsylvania · Management of Enterprises
$770M in assets, 2,929 participants
Siemens Medical Solutions USA, Inc.'s Siemens Medical Solutions USA, Inc. Pension Plan reported $770M in total assets and 2,929 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #1,059 in Management of Enterprises (1,133 peers)
Coverage in Pennsylvania
Siemens Medical Solutions USA, Inc. Pension Plan covers 2,929 participants in Pennsylvania, 3.6x the typical Pennsylvania plan (state average ~822 per filing). Assets: $770M.
- #1,059
- in Management of Enterprises (1,133 peers)
- -2.5%
- assets change YoY
- 7.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Siemens Medical Solutions USA, Inc. Pension Plan's outsized position by total assets
Siemens Medical Solutions USA, Inc. Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$770,229,585 Top 2% higher than 98% 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 Medical Solutions USA, Inc. 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 Medical Solutions USA, Inc. Pension Plan lands in the large band (2,929 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Siemens Medical Solutions USA, Inc. Pension Plan reported net income rose from -$25M in the plan year 2023 filing to -$18M in the plan year 2024 filing.
- Siemens Medical Solutions USA, Inc. Pension Plan reported participants fell from 3,181 in the plan year 2023 filing to 2,929 in the plan year 2024 filing.
- Siemens Medical Solutions USA, Inc. Pension Plan end-of-year assets fell from $790M in the plan year 2023 filing to $770M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 222417778 · Siemens Medical Solutions USA, Inc. PY 2024 · Defined Benefit (Pension)
Siemens Medical Solutions USA, Inc. Pension Plan · $770M · 2,929 · 98th
- IND $770M
- EOY 2,929
- 5500 98th
- ASSETS Defined Benefit (Pension)
- PCT near Fox Pension Plan
- EIN ind #1059
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 Pennsylvania →
Siemens Medical Solutions USA, Inc. Pension Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $790M |
|---|---|
| Net Assets (End of Year) | $768M |
| Net Income | -$18M |
| Employer EIN | 222417778 |
| Plan Effective Date | 2018-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Siemens Medical Solutions USA, Inc.)
Sponsor-wide plan assets over time
All Siemens Medical Solutions USA, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $8.7B 46.069220125599585% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 16,248 | $5.9B |
| 2023 | 3 | 16,521 | $6.6B |
| 2024 | 3 | 15,813 | $8.7B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
Siemens Medical Solutions USA, Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Fox Pension Plan in NY ($771M); by covered participants it is The Hertz Corporation Account Balance Defined Benefit Pension Plan in FL (2,918 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($770M here).
- Fox Pension Plan (NY) $771M · 1,260
- Talen Energy Retirement Plan (TX) $771M · 735
- Andersen Corporation Employees' Pension and Retirement Plan (MN) $773M · 1,594
- Michigan Carpenters' Pension Fund (MI) $774M · 3,894
Similar participant headcount
Nearest other-state filings by covered participants (2,929 participants); asset peers above are excluded.
- The Hertz Corporation Account Balance Defined Benefit Pension Plan (FL) 2,918 · 11 off
- Blue Bell Creameries, Inc. Pension Plan (TX) 2,940 · 11 off
- Ufcw Giant-Safeway Excess Supplemental Benefit Pension Fund (MD) 2,958 · 29 off
- Cfg Pension Plan (RI) 2,962 · 33 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.