Department of Labor filing
Spot something wrong?Siemens 401(k) plan
SIEMENS SAVINGS PLAN · For the plan year ended Dec 31, 2024
Legal plan sponsor: SIEMENS CORPORATION
Latest public filing 2024 · received Oct 13, 2025Current benefit source Siemens Careers — current U.S. job benefit disclosure · dated Aug 29, 2026
Plan summary
Start with the match, vesting, and fees
Strong
This looks strong based on public filing history. We have 2 of 7 key current terms documented. Keep checking the source links because plan rules can change.
Why: The employer contribution is documented. Vesting is not confirmed yet. The latest filing also shows more employer money than most similar plans.
87Plan health
from public filings
from public filings
2/7Limited current-term coverage
documented
documented
See what drives the plan health score
Published only when at least four measures and half of the model weight are available. Missing information is excluded rather than scored as zero.
Siemens confirms a company 401(k) match for this current U.S.
Check the source ↓Based on the published formula. Eligibility and annual limits can change the amount.
Vesting decides how much employer money you keep if you leave before staying long enough.
The key document is the participant fee disclosure, especially fund expense ratios and account charges.
Look for low-cost index funds, target-date funds, stable-value or bond options, and any brokerage window.
The disclosed benefit applies to the listed Siemens Financial Services U.S.
Automatic enrollment and auto-increase features usually help more employees save consistently.
Roth availability matters if you want after-tax contributions inside the workplace plan.
Up 6.1% over the filing history shown.
Participation up 7.0% · assets up 28.3% · loans 0.7% of assets
How this is calculated →See score distributions →Current terms to confirm: vesting, employee fees, investment choices, automatic enrollment, Roth availability
These details are often kept in employee-only plan documents. We show them when there is a dated source clear enough to trust.
Before you enroll: confirm the match, vesting schedule, waiting period, and fees in the current plan documents. The filing history shows how the plan itself has changed.
Keep in mind: public filings do not show your personal investment returns. Missing information does not count against the plan. The documents supporting the current terms are linked below.
Need the raw filing detail?
The key takeaways are above. Open the full record when you want every number and source note.
Filing comparison · 2024—There is not enough comparable filing data to calculate this yet.
How this filing compares
Reported employer contributions84th percentileTypical peer $3,577 · based on 107 comparable plans
Lower reported administrative expenseNot enough dataTypical peer $73 · based on 101 comparable plans
This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.
Peer-group method: industry size. Limitations: administrative_cost_measure_unavailable_or_zero
The short version
What employees should know
For the year ended Dec 31, 2024, SIEMENS CORPORATION reported $209,291,939 in employer contributions across this plan, or $7,027 per active participant. This is the best company-wide filing average available—not a promise of what any one employee receives.
Up 7.0% across the filing years shown. The filing does not report every employee who was eligible.
Change in employer contributions per active participant.
Change in reported administrative cost per participant. Fund expenses may be separate.
A fair peer score is not available yet.
Money and scale
Contributions, assets, and expenses
These are plan-wide totals. They are not individual account balances.
- Employer contributions
- $209,291,939 $7,027 per active participant
- Participant contributions
- $378,800,660
- Other contributions
- $38,841,145 Amounts not classified as employer or participant contributions
- Employer share of contributions
- 35.6%
- Active participants
- 29,785 Very large plan
- Total participants
- 43,376 42,932 at the beginning of the year
- Ending assets
- $9,802,863,529 $225,997 per participant
- Net-asset change
- Up 28.2% Not the same as investment performance
- Beginning net assets
- $8,932,847,502
- Ending net assets
- $9,798,021,674
- Beginning liabilities
- $2,339,201
- Ending liabilities
- $4,841,855
- Total income
- $1,854,793,629
- Total expenses
- $805,364,663
- Administrative expenses
- $0 $0 per active participant
- Participant loans
- $70,922,791 0.7% of plan assets
Three-year filing history
How the reported figures changed
Each chart uses the selected public filing for that year. Missing values remain blank rather than becoming zero.
2022
$6,621
2023
$6,912
2024
$7,027
2022
$0
2023
$0
2024
$0
2022
27,827
2023
29,216
2024
29,785
2022
$7,642,692,246
2023
$8,935,186,703
2024
$9,802,863,529
2022
0.8%
2023
0.8%
2024
0.7%
| Plan year | Employer money per active participant | Active participants | Plan assets |
|---|---|---|---|
| 2024 | $7,027 | 29,785 | 9.8B |
| 2023 | $6,912 | 29,216 | 8.9B |
| 2022 | $6,621 | 27,827 | 7.6B |
Changes in plan assets are not the same as investment performance.
Plan health
Loans, late deposits, and other filing disclosures
- Participant loans as a share of plan assets
- 0.7%
- Independent accountant’s opinion
- Unqualified opinion Code 1
- Late participant contributions reported
- Not reportedA “yes” needs context and is not, by itself, proof of wrongdoing.
- Loan defaults reported
- 0
- Lease defaults reported
- 0Only a small number of filings report these events.
- Nonexempt transactions reported
- 0
- Public plan identifier
- 132623356-002
Insurance and supporting schedules
Additional arrangements reported
These disclosures add context. They should not be read as a score or a judgment on their own.
- Pooled investment entities
- 1$9,708,155,057 reported at year end
Reported plan details
Identity and filing status
- Plan type
- Retirement plan
- Employer arrangement
- Single-employer plan
- Plan effective date
- Jan 1, 1980
- Industry
- Management of companies
- Amended filing
- No
- Final filing for this plan
- No
- Short plan year
- No
- 401(k) feature reported
- Yes
Show DOL characteristic codes
2A2E2G2J2K2R2S2T3F3H
Current plan terms
What the source documents say
Each item below comes from the dated source linked in this section. Anything the source does not establish is left blank.
- Employer contribution
- Siemens confirms a company 401(k) match for this current U.S. employee group. The public job disclosure does not state the percentage formula, and terms may differ among Siemens businesses and employee groups.
- Eligibility
- The disclosed benefit applies to the listed Siemens Financial Services U.S. role; the page does not establish a company-wide waiting period.
Not covered by the source: 5 items
vesting, investment information, automatic enrollment, roth contributions, participant fees. Check the latest summary plan description or enrollment materials for these details.
Source: Siemens Careers — current U.S. job benefit disclosure ↗ · dated Aug 29, 2026
Supporting source: Siemens USA — New employee orientation and benefits ↗ · dated Aug 31, 2026
Supporting source: Siemens USA — Careers FAQ ↗ · dated Aug 31, 2026
Filing evidence
Open the selected public records
We use the latest valid received filing for each year after resolving amendments and duplicate records. Open the source to check the original filing.
Quick answers
Siemens 401(k) questions
What is Siemens's 401(k) match?
The reviewed current source says: Siemens confirms a company 401(k) match for this current U.S. employee group. The public job disclosure does not state the percentage formula, and terms may differ among Siemens businesses and employee groups.
How much employer money did Siemens report adding?
For 2024, the selected filing reports $209,291,939 in employer contributions, or $7,027 per active participant. This is a plan-level historical figure, not a personal match quote.
What is Siemens's 401(k) vesting schedule?
We have not verified the current vesting schedule yet. Ask for the latest SPD or benefits guide before counting employer money as fully yours.
What are Siemens's 401(k) fees?
The 2024 filing reports $0 in administrative cost per active participant. Fund expenses and employee-level charges may require a current fee disclosure.
Can I use this page to compare Siemens with another job offer?
Yes, as a starting point. Compare the documented match, vesting, eligibility, fees, investments, and the filing history, then confirm the current terms before assigning a dollar value to an offer.
Filing ACK_ID20251013125231NAL0000615267001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗