Plan Snapshot
- Plan Sponsor: Siemens Corporation
- Sponsor EIN: 226712952
- Sponsor Address: 200 WOOD AVENUE SOUTH, ISELIN, NJ, 08830
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 0 | $9.7B | $0 | $0 |
| 2023 | 0 | $8.9B | $0 | $0 |
| 2022 | 0 | $7.6B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $7,166,887 | — | $7,166,887 |
| BLACKROCK INSTITUTIONAL TRUST CO | Other Service Provider | $3,152,147 | — | $3,152,147 |
| MFS | Other Service Provider | $2,059,299 | — | $2,059,299 |
| CHAMPLAIN INVESTMENT PARTNERS | Other Service Provider | $1,143,685 | — | $1,143,685 |
| HOTCHKIS AND WILEY CAPITAL MGMT | Other Service Provider | $855,327 | — | $855,327 |
| FIDELITY INVESTMENTS | Recordkeeper | $842,180 | — | $842,180 |
| SCHRODER INVESTMENT MANAGEMENT | Other Service Provider | $824,713 | — | $824,713 |
| ARTISAN PARTNERS | Other Service Provider | $628,492 | — | $628,492 |
| INVESCO TRUST COMPANY | Other Service Provider | $561,419 | — | $561,419 |
| OFI | Other Service Provider | $501,222 | — | $501,222 |
| JPMORGAN CHASE BANK, N.A. | Recordkeeper | $392,648 | $62,644 | $455,292 |
| PERSHING LLC | Investment Advisor | — | $265,511 | $265,511 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $171,148 | — | $171,148 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $162,077 | — | $162,077 |
| ERNST AND YOUNG LLP | Auditor | $85,700 | — | $85,700 |
| ALIGHT FINANCIAL SOLUTIONS, LLC | Recordkeeper | — | $56,683 | $56,683 |
| DOPKINS AND COMPANY, LLP | Auditor | $35,000 | — | $35,000 |
| NEPC | Recordkeeper | $22,000 | — | $22,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- FIDELITY INVESTMENTS — Recordkeeper
- JPMORGAN CHASE BANK, N.A. — Recordkeeper
- PERSHING LLC — Investment Advisor
- ERNST AND YOUNG LLP — Auditor
- ALIGHT FINANCIAL SOLUTIONS, LLC — Recordkeeper
- DOPKINS AND COMPANY, LLP — Auditor
- NEPC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,988,782
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $8,008,177 | $3,131,248 | $570,550 | $140,000 | — |
| 2024 | $18,553,106 | $11,244,927 | $33,592 | $85,700 | — |
| 2023 | $18,543,700 | $9,697,037 | $43,908 | $81,600 | — |
| 2022 | $18,355,507 | $9,845,856 | — | — | $8,452,307 |