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Company:
Siemens Corporation
Plan:
Siemens Savings Plan
 

Siemens Corporation

75 Plan:

 
 
75
9
72
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (75) and the top rated plan (87) could equate to:
[How is this calculated?]
8 additional years of work
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

 Comments

Retirement Plan Description

Siemens Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Siemens Savings Plan currently has over 98,000 active participants and over $8.0B in plan assets.

 Retirement Plan Details

Address 170 Wood Avenue South
Iselin, NJ 08830 
Industry Offices of Other Holding Companies
Sponsor Daniel Navatta
Net Plan Assets $7,970,000,000
Total Participants 98,000
Avg Account Balance $81,000

 Top 3 Funds in this 401k

1. PRIMCO Stable Value Fund 27%
2. SSgA S&P 500 Flagship 7%
3. BlackRock Equity Index 6%

  Plan Service Providers

Auditor Ernst & Young
Corporate Trustee BNY Mellon
Recordkeeper Aon Hewitt EnnisKnupp

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