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SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 401k Plan overview

Plan NameSIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN
Plan identification number 001

SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SIEMENS MEDICAL SOLUTIONS USA, INC. has sponsored the creation of one or more 401k plans.

Company Name:SIEMENS MEDICAL SOLUTIONS USA, INC.
Employer identification number (EIN):222417778
NAIC Classification:551112
NAIC Description:Offices of Other Holding Companies

Additional information about SIEMENS MEDICAL SOLUTIONS USA, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1983-03-24
Company Identification Number: 0005782406
Legal Registered Office Address: 40 LIBERTY BLVD

MALVERN
United States of America (USA)
19355

More information about SIEMENS MEDICAL SOLUTIONS USA, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012020-01-01
0012019-01-01
0012018-01-01

Plan Statistics for SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN

401k plan membership statisitcs for SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN

Measure Date Value
2022: SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-311,078,497,053
Acturial value of plan assets2022-12-311,078,497,053
Funding target for retired participants and beneficiaries receiving payment2022-12-31390,459,604
Number of terminated vested participants2022-12-314,484
Fundng target for terminated vested participants2022-12-31210,576,226
Active participant vested funding target2022-12-31284,002,215
Number of active participants2022-12-313,274
Total funding liabilities for active participants2022-12-31284,126,109
Total participant count2022-12-319,965
Total funding target for all participants2022-12-31885,161,939
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31182,625,814
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-31182,625,814
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-31184,671,223
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-312,216,314
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-0110,068
Total number of active participants reported on line 7a of the Form 55002022-01-013,181
Number of retired or separated participants receiving benefits2022-01-012,016
Number of other retired or separated participants entitled to future benefits2022-01-014,010
Total of all active and inactive participants2022-01-019,207
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01249
Total participants2022-01-019,456
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-311,146,515,685
Acturial value of plan assets2021-12-311,146,515,685
Funding target for retired participants and beneficiaries receiving payment2021-12-31368,005,795
Number of terminated vested participants2021-12-314,756
Fundng target for terminated vested participants2021-12-31218,480,189
Active participant vested funding target2021-12-31321,297,158
Number of active participants2021-12-313,580
Total funding liabilities for active participants2021-12-31321,437,322
Total participant count2021-12-3110,345
Total funding target for all participants2021-12-31907,923,306
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31162,017,223
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31162,017,223
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-31182,625,814
Total employer contributions2021-12-310
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-311,938,940
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-0110,303
Total number of active participants reported on line 7a of the Form 55002021-01-013,435
Number of retired or separated participants receiving benefits2021-01-012,009
Number of other retired or separated participants entitled to future benefits2021-01-014,372
Total of all active and inactive participants2021-01-019,816
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-01252
Total participants2021-01-0110,068
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-014
2020: SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-311,080,991,136
Acturial value of plan assets2020-12-311,080,991,136
Funding target for retired participants and beneficiaries receiving payment2020-12-31353,205,516
Number of terminated vested participants2020-12-314,993
Fundng target for terminated vested participants2020-12-31220,720,737
Active participant vested funding target2020-12-31342,431,430
Number of active participants2020-12-313,818
Total funding liabilities for active participants2020-12-31342,580,814
Total participant count2020-12-3110,682
Total funding target for all participants2020-12-31916,507,067
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31152,283,586
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-3117,156,628
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31135,126,958
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31162,017,223
Total employer contributions2020-12-310
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-310
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-312,269,432
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-0119,429
Total number of active participants reported on line 7a of the Form 55002020-01-013,737
Number of retired or separated participants receiving benefits2020-01-011,721
Number of other retired or separated participants entitled to future benefits2020-01-014,631
Total of all active and inactive participants2020-01-0110,089
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01214
Total participants2020-01-0110,303
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0110
2019: SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-31963,760,552
Acturial value of plan assets2019-12-31963,760,552
Funding target for retired participants and beneficiaries receiving payment2019-12-31347,524,817
Number of terminated vested participants2019-12-315,233
Fundng target for terminated vested participants2019-12-31228,289,656
Active participant vested funding target2019-12-31377,692,891
Number of active participants2019-12-314,153
Total funding liabilities for active participants2019-12-31377,857,658
Total participant count2019-12-3111,061
Total funding target for all participants2019-12-31953,672,131
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31175,391,396
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-3113,335,861
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31162,055,535
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-31152,283,586
Total employer contributions2019-12-310
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-310
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-314,009,570
Net shortfall amortization installment of oustanding balance2019-12-31142,195,165
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-3134,520,375
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-3134,520,375
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-0111,036
Total number of active participants reported on line 7a of the Form 55002019-01-013,955
Number of retired or separated participants receiving benefits2019-01-011,571
Number of other retired or separated participants entitled to future benefits2019-01-014,883
Total of all active and inactive participants2019-01-0110,409
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-01202
Total participants2019-01-0110,611
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-015
2018: SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-311,089,125,892
Acturial value of plan assets2018-12-311,089,125,892
Funding target for retired participants and beneficiaries receiving payment2018-12-31318,513,203
Number of terminated vested participants2018-12-315,375
Fundng target for terminated vested participants2018-12-31227,321,812
Active participant vested funding target2018-12-31398,028,702
Number of active participants2018-12-314,527
Total funding liabilities for active participants2018-12-31398,486,233
Total participant count2018-12-3111,432
Total funding target for all participants2018-12-31944,321,248
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-31175,391,396
Total employer contributions2018-12-310
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-310
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-312,715,840
Net shortfall amortization installment of oustanding balance2018-12-3130,586,752
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3113,335,861
Prefunding balance elected to use to offset funding requirement2018-12-3113,335,861
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-0111,567
Total number of active participants reported on line 7a of the Form 55002018-01-014,277
Number of retired or separated participants receiving benefits2018-01-011,437
Number of other retired or separated participants entitled to future benefits2018-01-015,167
Total of all active and inactive participants2018-01-0110,881
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-01192
Total participants2018-01-0111,073
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0135

Financial Data on SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN

Measure Date Value
2022 : SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$1,462,706
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$3,511,639
Total income from all sources (including contributions)2022-12-31$-180,851,072
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$81,807,464
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$81,807,464
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$0
Value of total assets at end of year2022-12-31$813,356,225
Value of total assets at beginning of year2022-12-31$1,078,063,694
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$0
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$25,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Liabilities. Value of operating payables at end of year2022-12-31$95,931
Liabilities. Value of operating payables at beginning of year2022-12-31$180,714
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-262,658,536
Value of net assets at end of year (total assets less liabilities)2022-12-31$811,893,519
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$1,074,552,055
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in master investment trust accounts at end of year2022-12-31$813,356,225
Value of interest in master investment trust accounts at beginning of year2022-12-31$1,078,063,694
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$81,807,464
Liabilities. Value of benefit claims payable at end of year2022-12-31$1,366,775
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$3,330,925
Did the plan have assets held for investment2022-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31ERNST & YOUNG LLP
Accountancy firm EIN2022-12-31346565596
2021 : SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$3,511,639
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$2,552,500
Total income from all sources (including contributions)2021-12-31$10,805,847
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$79,010,922
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$79,010,922
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$0
Value of total assets at end of year2021-12-31$1,078,063,694
Value of total assets at beginning of year2021-12-31$1,145,309,630
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$0
Total interest from all sources2021-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$25,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Liabilities. Value of operating payables at end of year2021-12-31$180,714
Liabilities. Value of operating payables at beginning of year2021-12-31$84,599
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-68,205,075
Value of net assets at end of year (total assets less liabilities)2021-12-31$1,074,552,055
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$1,142,757,130
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in master investment trust accounts at end of year2021-12-31$1,078,063,694
Value of interest in master investment trust accounts at beginning of year2021-12-31$1,145,309,630
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$79,010,922
Liabilities. Value of benefit claims payable at end of year2021-12-31$3,330,925
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$2,467,901
Did the plan have assets held for investment2021-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31ERNST & YOUNG LLP
Accountancy firm EIN2021-12-31346565596
2020 : SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$2,552,500
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$1,138,748
Total income from all sources (including contributions)2020-12-31$131,131,003
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$67,678,275
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$67,678,275
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$0
Value of total assets at end of year2020-12-31$1,145,309,630
Value of total assets at beginning of year2020-12-31$1,080,443,150
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$0
Total interest from all sources2020-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$25,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$148,865
Liabilities. Value of operating payables at end of year2020-12-31$84,599
Liabilities. Value of operating payables at beginning of year2020-12-31$62,607
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$63,452,728
Value of net assets at end of year (total assets less liabilities)2020-12-31$1,142,757,130
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$1,079,304,402
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in master investment trust accounts at end of year2020-12-31$1,145,309,630
Value of interest in master investment trust accounts at beginning of year2020-12-31$1,080,294,285
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$67,678,275
Liabilities. Value of benefit claims payable at end of year2020-12-31$2,467,901
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$1,076,141
Did the plan have assets held for investment2020-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31ERNST & YOUNG LLP
Accountancy firm EIN2020-12-31346565596
2019 : SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$1,138,748
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$1,474,170
Total income from all sources (including contributions)2019-12-31$180,536,649
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$63,518,628
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$63,518,628
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
Value of total assets at end of year2019-12-31$1,080,443,150
Value of total assets at beginning of year2019-12-31$963,760,551
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$0
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$25,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$148,865
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$1,214,459
Other income not declared elsewhere2019-12-31$148,865
Liabilities. Value of operating payables at end of year2019-12-31$62,607
Liabilities. Value of operating payables at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$117,018,021
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,079,304,402
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$962,286,381
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in master investment trust accounts at end of year2019-12-31$1,080,294,285
Value of interest in master investment trust accounts at beginning of year2019-12-31$963,760,551
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$63,518,628
Liabilities. Value of benefit claims payable at end of year2019-12-31$1,076,141
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$259,711
Did the plan have assets held for investment2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31ERNST & YOUNG LLP
Accountancy firm EIN2019-12-31346565596
2018 : SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$1,060,170,052
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$1,474,170
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$-30,639,870
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$67,243,801
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$67,243,801
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$0
Value of total assets at end of year2018-12-31$963,760,551
Value of total assets at beginning of year2018-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$0
Total interest from all sources2018-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$25,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$-2,885,716
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$1,214,459
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-97,883,671
Value of net assets at end of year (total assets less liabilities)2018-12-31$962,286,381
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in master investment trust accounts at end of year2018-12-31$963,760,551
Value of interest in master investment trust accounts at beginning of year2018-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$70,129,517
Liabilities. Value of benefit claims payable at end of year2018-12-31$259,711
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$0
Did the plan have assets held for investment2018-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31ERNST & YOUNG LLP
Accountancy firm EIN2018-12-31346565596

Form 5500 Responses for SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN

2022: SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SIEMENS MEDICAL SOLUTIONS USA, INC. PENSION PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01First time form 5500 has been submittedYes
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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