Plan Snapshot
- Plan Sponsor: Siemens Gamesa Renewable Energy, INC.
- Sponsor EIN: 813283763
- Sponsor Address: 4400 ALAFAYA TRAIL, Q2, ORLANDO, FL, 32826
- Plan Type: DC
- Total Participants: 1,915
- Total Assets: $296.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,915 | $296.4M | $11.6M | $16.7M |
| 2023 | 1,970 | $260.0M | $9.3M | $14.2M |
| 2022 | 1,644 | $216.1M | $9.0M | $13.8M |
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 |
|---|---|---|---|---|
| WITHUM SMITH & BROWN PC | Auditor | $40,248 | — | $40,248 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH & BROWN PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,248
- Estimated Expense Ratio: 0.014% 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 | $614,877 | $303,101 | — | $40,248 | — |
| 2023 | $857,088 | $344,888 | — | $9,568 | — |
| 2022 | $954,470 | $332,843 | $509,809 | — | $107,789 |