Plan Snapshot
- Plan Sponsor: Siemens Energy, INC.
- Sponsor EIN: 133987280
- Sponsor Address: 4400 N. ALAFAYA TRAIL, ORLANDO, FL, 32826
- Plan Type: 401(k)
- Total Participants: 11,052
- Total Assets: $4.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 11,052 | $4.0B | $94.6M | $143.5M |
| 2023 | 10,564 | $3.5B | $85.2M | $127.3M |
| 2022 | 9,777 | $3.1B | $79.2M | $118.7M |
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 |
|---|---|---|---|---|
| ARROWSTREET CAPITAL | Other Service Provider | $1,731,973 | — | $1,731,973 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $1,037,635 | — | $1,037,635 |
| MFS | Other Service Provider | $917,375 | — | $917,375 |
| CHAMPLAIN INVESTMENT PARTNERS | Other Service Provider | $433,517 | — | $433,517 |
| INVESCO TRUST COMPANY | Other Service Provider | $392,391 | — | $392,391 |
| HOTCHKIS AND WILEY CAPITAL MGMT | Other Service Provider | $364,091 | — | $364,091 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $322,318 | — | $322,318 |
| SCHRODER INVESTMENT MANAGEMENT | Other Service Provider | $241,662 | — | $241,662 |
| NEPC | Recordkeeper | $202,788 | — | $202,788 |
| ARTISAN PARTNERS | Other Service Provider | $134,676 | — | $134,676 |
| LOOMIS SAYLES AND COMPANY | Other Service Provider | $104,373 | — | $104,373 |
| PERSHING LLC | Investment Advisor | — | $99,250 | $99,250 |
| JPMORGAN CHASE BANK, N.A. | Recordkeeper | $85,991 | $387 | $86,378 |
| DOPKINS AND COMPANY, LLP | Auditor | $67,000 | — | $67,000 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $56,015 | — | $56,015 |
| BLACKROCK INSTITUTIONAL TRUST CO | Other Service Provider | $43,531 | — | $43,531 |
| ALIGHT FINANCIAL SOLUTIONS, LLC | Recordkeeper | — | $12,412 | $12,412 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $7,989 | — | $7,989 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- NEPC — Recordkeeper
- PERSHING LLC — Investment Advisor
- JPMORGAN CHASE BANK, N.A. — Recordkeeper
- DOPKINS AND COMPANY, LLP — Auditor
- ALIGHT FINANCIAL SOLUTIONS, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,255,374
- Estimated Expense Ratio: 0.158% of plan assets
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 |
|---|---|---|---|---|---|
| 2024 | $6,147,563 | $4,634,619 | $67,000 | — | — |
| 2023 | $9,160,329 | $6,031,279 | $3,122,292 | — | — |
| 2022 | $7,980,666 | $5,892,699 | — | — | $2,087,967 |