401(k) · DOL Form 5500 · 2024
Siemens Medical Solutions USA, Inc. 401(k) Plan
Data updated 2026-08-25
- $7.9B
- Total assets Very large vs avg
- 12,884
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $611,265
- Avg per participant High balance/head
Official DOL plan name: Siemens Medical Solutions USA, Inc. Savings Plan · Sponsored by Siemens Medical Solutions USA, Inc. · Pennsylvania · Management of Enterprises
$7.9B in assets, 12,884 participants
Siemens Medical Solutions USA, Inc.'s Siemens Medical Solutions USA, Inc. Savings Plan reported $7.9B in total assets and 12,884 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.
- #1,125 in Management of Enterprises (1,133 peers)
Coverage in Pennsylvania
Siemens Medical Solutions USA, Inc. Savings Plan covers 12,884 participants in Pennsylvania, 16x the typical Pennsylvania plan (state average ~822 per filing). Assets: $7.9B.
- #1,125
- in Management of Enterprises (1,133 peers)
- +36.6%
- assets growth YoY
- 79×
- vs typical plan assets (national mean)
Siemens Medical Solutions USA, Inc. Savings Plan's outsized position by total assets
Siemens Medical Solutions USA, Inc. Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$7,875,539,434 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 Medical Solutions USA, Inc. 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 Medical Solutions USA, Inc. Savings Plan is a mega filing (12,884 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Siemens Medical Solutions USA, Inc. Savings Plan end-of-year assets rose from $5.8B in the plan year 2023 filing to $7.9B in the plan year 2024 filing.
- Siemens Medical Solutions USA, Inc. Savings Plan reported net income fell from $660M in the plan year 2023 filing to $571M in the plan year 2024 filing.
- Siemens Medical Solutions USA, Inc. Savings Plan reported participants fell from 13,340 in the plan year 2023 filing to 12,884 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 222417778 · Siemens Medical Solutions USA, Inc. PY 2024 · 401(k)
Siemens Medical Solutions USA, Inc. Savings Plan · $7.9B · 12,884 · 100th
- NET $7.9B
- NET 12,884
- NET 100th
- NET 401(k)
- NET near Stryker Corporation 401(k) Savings and Retirement Plan
- NET ind #1125
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. Savings Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $5.8B |
|---|---|
| Net Assets (End of Year) | $7.9B |
| Net Income | $571M |
| Employer EIN | 222417778 |
| Plan Effective Date | 2018-05-01 |
| 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 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
- The Cigna Group 401(k) Plan $14.2B · 63,634
- The Vanguard Retirement and Savings Plan $11.1B · 18,066
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
- The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604
Scale composition for Siemens Medical Solutions USA, Inc. Savings Plan
Siemens Medical Solutions USA, Inc. Savings Plan reports $7.9B in end-of-year assets across 12,884 participants (0.064% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $611,265 per participant (4.4x the national average assets-per-participant) . Net income for plan year 2024 was $571M.
This plan identity (EIN 222417778, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.1B to $7.9B (+54.3%) while covered participants moved from 12,813 to 12,884 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,813 | $5.1B | Open filing |
| 2023 | 13,340 | $5.8B | Open filing |
| 2024 · index core | 12,884 | $7.9B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Siemens Medical Solutions USA, Inc. Pension Plan (Defined Benefit (Pension), $770M, 2,929 participants)
Siemens Medical Solutions USA, Inc. Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Stryker Corporation 401(k) Savings and Retirement Plan in MI ($7.9B); by covered participants it is Agc Select 401(k) Pep in NJ (12,885 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7.9B here).
- Stryker Corporation 401(k) Savings and Retirement Plan (MI) $7.9B · 25,035
- General Dynamics Corporation 401(k) Qaca Plan (VA) $7.9B · 27,525
- Deferred Salary Plan of the Electrical Industry (NY) $8.0B · 27,777
- Amgen Retirement and Savings Plan (CA) $7.7B · 12,355
Similar participant headcount
Nearest other-state filings by covered participants (12,884 participants); asset peers above are excluded.
- Agc Select 401(k) Pep (NJ) 12,885 · 1 off
- Topbuild Corp. 401(k) Plan (FL) 12,888 · 4 off
- Thekey 401(k) Plan (CA) 12,894 · 10 off
- Barnes & Noble 401(k) Plan (NY) 12,897 · 13 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.