401(k) · DOL Form 5500 · 2024

Siemens Gamesa Renewable Energy, Inc. 401(k) Plan

Data updated 2026-08-11

$296M
Total assets
1,897
Participants
96th
Percentile by assets
$156,256
Avg per participant
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Official DOL plan name: Siemens Gamesa Renewable Energy, Inc. Savings Plan · Sponsored by Siemens Gamesa Renewable Energy, Inc. · Florida · Manufacturing

$296M in assets, 1,897 participants

Siemens Gamesa Renewable Energy, Inc.'s Siemens Gamesa Renewable Energy, Inc. Savings Plan reported $296M in total assets and 1,897 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #16,596 in Manufacturing (17,777 peers)

Coverage in Florida

Siemens Gamesa Renewable Energy, Inc. Savings Plan covers 1,897 participants in Florida, 3.0x the typical Florida plan (state average ~628 per filing). Assets: $296M.

$296M
total plan assets (2024 EOY)
1,897
covered participants
96th
percentile by assets (of 123,622 plans)
$156,256
avg assets per participant

Where Siemens Gamesa Renewable Energy, Inc. Savings Plan sits by total assets

Siemens Gamesa Renewable Energy, Inc. Savings Plan vs every filed plan by assets

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

$296,417,726 Top 4% higher than 96% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Siemens Gamesa Renewable Energy, Inc. Savings Plan reported net income fell from $44M in the plan year 2023 filing to $36M in the plan year 2024 filing.
  • Siemens Gamesa Renewable Energy, Inc. Savings Plan reported participants rose from 1,652 in the plan year 2023 filing to 1,897 in the plan year 2024 filing.
  • Siemens Gamesa Renewable Energy, Inc. Savings Plan end-of-year assets rose from $260M in the plan year 2023 filing to $296M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Siemens Gamesa Renewable Energy, Inc. Savings Plan reports 1,897 participants - 3.0x that state average ($296M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$260M
Net Assets (End of Year)$296M
Net Income$36M
Employer EIN813283763
Plan Effective Date2017-03-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Siemens Gamesa Renewable Energy, Inc.)

$200M$250M$300M$350M 202220232024 $216M $296M ▲ +37.2%
Total plan assets by year, all Siemens Gamesa Renewable Energy, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,887 $216M
2023 1 1,652 $260M
2024 1 1,897 $296M

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Siemens Gamesa Renewable Energy, Inc. Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Siemens Gamesa Renew…, Total assets ($B): 0.296417726 · Participants: 1897Siemens Gamesa Renew…L3harris Retirement …, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement …Savings Plan for Emp…, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Emp…Adp Totalsource Reti…, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Reti…Publix Super Markets…, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets…Nextera Energy, Inc.…, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc.…
Siemens Gamesa Renewable Energy, Inc. Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Siemens Gamesa Renewable Energy, Inc. Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Siemens Gamesa Renewable Energy, Inc. Savings Plan assets move in 2024?
Siemens Gamesa Renewable Energy, Inc. Savings Plan grew at a solid clip - up 14.0% during 2024, from $260M to $296M. Reported net income was $36M.
How have Siemens Gamesa Renewable Energy, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Siemens Gamesa Renewable Energy, Inc.'s sponsor-wide assets grew 37.2%, from $216M to $296M.
Where does Siemens Gamesa Renewable Energy, Inc. Savings Plan rank by assets among Form 5500 filers?
Siemens Gamesa Renewable Energy, Inc. Savings Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Siemens Gamesa Renewable Energy, Inc. Savings Plan?
Among 401(k) plans in other states, the closest by assets is Aptiv Hourly 401(k) Plan in MI ($297M, 955 participants).

Next read for Siemens Gamesa Renewable Energy, Inc. Sa…

Filing takeaways

Ways to act on Siemens Gamesa Renewable Energy, Inc. Savings Plan's numbers.

  • By total assets, Siemens Gamesa Renewable Energy, Inc. Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Florida. Compare plans
  • Siemens Gamesa Renewable Energy, Inc.'s sponsor-wide assets have grown 37.2% since 2022 across 3 plan years on file. More Manufacturing plans