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
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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

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 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.

See the national 2023→2024 release diff →

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

Deferred Salary Plan of the Electrical IndustryDeferred Salary Plan of the …$8.0BGeneral Dynamics Corporation 401(k) Qaca PlanGeneral Dynamics Corporation…$7.9BSiemens Medical Solutions USA, Inc. Savings PlanSiemens Medical Solutions US…$7.9BStryker Corporation 401(k) Savings and Retirement PlanStryker Corporation 401(k) S…$7.9BAmgen Retirement and Savings PlanAmgen Retirement and Savings…$7.7B
End-of-year total assets ($B) among Siemens Medical Solutions USA, Inc. Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$5.8B
Net Assets (End of Year)$7.9B
Net Income$571M
Employer EIN222417778
Plan Effective Date2018-05-01
Filing StatusFILING 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
$5B$6B$7B$8B$9B 202220232024 $5.92B $8.65B ▲ +46.1%
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.

Siemens Medical Solutions USA, Inc. Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 510152025 Total assets ($B) Participants Siemens Medical Solutions USA, Inc. Savings Plan, Total assets ($B): 7.875539434 · Participants: 12884Siemens Medical Solutions USA, Inc. Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Siemens Medical Solutions USA, Inc. Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Siemens Medical Solutions USA, Inc. Savings Plan side-by-side with 3 peers →

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. 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).

Similar participant headcount

Nearest other-state filings by covered participants (12,884 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 Medical Solutions USA, Inc. Savings Plan assets move in 2024? ▼
Siemens Medical Solutions USA, Inc. Savings Plan surged - up 36.6% during 2024, from $5.8B to $7.9B. Reported net income was $571M.
How have Siemens Medical Solutions USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Siemens Medical Solutions USA, Inc.'s sponsor-wide assets grew 46.1%, from $5.9B to $8.7B.
Where does Siemens Medical Solutions USA, Inc. Savings Plan rank by assets among Form 5500 filers? ▼
Siemens Medical Solutions USA, Inc. Savings Plan ranks in the 100th 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 401(k) plans are similar in size to Siemens Medical Solutions USA, Inc. Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Stryker Corporation 401(k) Savings and Retirement Plan in MI ($7.9B, 25,035 participants).
Which 401(k) plans cover a similar participant headcount to Siemens Medical Solutions USA, Inc. Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Agc Select 401(k) Pep in NJ (12,885 participants, $611M 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 222417778.

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.