Siemens Gamesa Renewable Energy 401(k) match, vesting and fees
What Siemens Gamesa Renewable Energy's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Alight Solutions LLC | Schedule C ↗ |
| Independent auditor | Withum Smith & Brown PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Siemens Gamesa Renewable Energy: employer contribution per participant | $4,393 | |
| Peer median | $2,413 |
| Siemens Gamesa Renewable Energy: average balance | $112,535 | |
| Peer median | $86,456 |
| Siemens Gamesa Renewable Energy: admin expenses ÷ assets | 0.22% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $276M at the end of plan year 2021 to $296M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,672 | $296M | $11.6M | $4,393 | 0.22% | Not published | Form 5500 ↗ |
| 2023 | 2,632 | $260M | $9.3M | $3,570 | 0.36% | Not published | Form 5500 ↗ |
| 2022 | 2,427 | $216M | $9M | $3,780 | 0.39% | Not published | Form 5500 ↗ |
| 2021 | 2,533 | $276M | $10.1M | $4,005 | 0.36% | Not published | Form 5500 ↗ |
Other Siemens Gamesa Renewable Energy plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Siemens Wind Power, Inc. Savings Plan for Puerto Rico Employees
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Siemens Gamesa Renewable Energy match 401(k) contributions?
The match terms for the Siemens Gamesa Renewable Energy, Inc. Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $11.6M in employer contributions, about $4,393 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Siemens Gamesa Renewable Energy 401(k) match vested?
The vesting schedule for the Siemens Gamesa Renewable Energy, Inc. Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Siemens Gamesa Renewable Energy 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Alight Solutions LLC. The plan administrator is Siemens Gamesa Renewable Energy, Inc..
I left Siemens Gamesa Renewable Energy. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Siemens Gamesa Renewable Energy, Inc., (407) 736-2000) or the recordkeeper, Alight Solutions LLC. The Siemens Gamesa Renewable Energy old 401(k) page lists the contacts from every plan filing. Find an old Siemens Gamesa Renewable Energy 401(k)
Data from the public Form 5500 annual reports Siemens Gamesa Renewable Energy filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Siemens Gamesa Renewable Energy. Not financial advice. Report a correction · Methodology