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SIEMENS WIND POWER, INC. SAVINGS PLAN 401k Plan overview

Plan NameSIEMENS WIND POWER, INC. SAVINGS PLAN
Plan identification number 001

SIEMENS WIND POWER, INC. SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SIEMENS GAMESA RENEWABLE ENERGY INC. has sponsored the creation of one or more 401k plans.

Company Name:SIEMENS GAMESA RENEWABLE ENERGY INC.
Employer identification number (EIN):813283763
NAIC Classification:333610

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SIEMENS WIND POWER, INC. SAVINGS 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
0012019-01-01
0012018-01-01
0012017-03-27CARA SANDERS

Plan Statistics for SIEMENS WIND POWER, INC. SAVINGS PLAN

401k plan membership statisitcs for SIEMENS WIND POWER, INC. SAVINGS PLAN

Measure Date Value
2022: SIEMENS WIND POWER, INC. SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-012,536
Total number of active participants reported on line 7a of the Form 55002022-01-011,644
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-01773
Total of all active and inactive participants2022-01-012,417
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-0110
Total participants2022-01-012,427
Number of participants with account balances2022-01-012,384
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0161
2021: SIEMENS WIND POWER, INC. SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-012,182
Total number of active participants reported on line 7a of the Form 55002021-01-011,886
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01638
Total of all active and inactive participants2021-01-012,524
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-019
Total participants2021-01-012,533
Number of participants with account balances2021-01-012,518
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-01108
2020: SIEMENS WIND POWER, INC. SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-012,289
Total number of active participants reported on line 7a of the Form 55002020-01-012,050
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01362
Total of all active and inactive participants2020-01-012,412
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-015
Total participants2020-01-012,417
Number of participants with account balances2020-01-012,110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-01115
2019: SIEMENS WIND POWER, INC. SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-012,018
Total number of active participants reported on line 7a of the Form 55002019-01-011,991
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01278
Total of all active and inactive participants2019-01-012,269
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-014
Total participants2019-01-012,273
Number of participants with account balances2019-01-012,064
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0195
2018: SIEMENS WIND POWER, INC. SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011,908
Total number of active participants reported on line 7a of the Form 55002018-01-011,740
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01258
Total of all active and inactive participants2018-01-011,998
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-012
Total participants2018-01-012,000
Number of participants with account balances2018-01-011,900
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0143
2017: SIEMENS WIND POWER, INC. SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-03-271,818
Total number of active participants reported on line 7a of the Form 55002017-03-271,663
Number of retired or separated participants receiving benefits2017-03-270
Number of other retired or separated participants entitled to future benefits2017-03-27249
Total of all active and inactive participants2017-03-271,912
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-03-271
Total participants2017-03-271,913
Number of participants with account balances2017-03-271,876
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-03-2713

Financial Data on SIEMENS WIND POWER, INC. SAVINGS PLAN

Measure Date Value
2022 : SIEMENS WIND POWER, INC. SAVINGS PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-3,479,327
Total unrealized appreciation/depreciation of assets2022-12-31$-3,479,327
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-25,029,282
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$35,031,928
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$34,077,458
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$23,274,810
Value of total assets at end of year2022-12-31$216,064,116
Value of total assets at beginning of year2022-12-31$276,125,326
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$954,470
Total interest from all sources2022-12-31$211,189
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
Administrative expenses professional fees incurred2022-12-31$107,789
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$5,000,000
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
Contributions received from participants2022-12-31$13,767,385
Participant contributions at end of year2022-12-31$4,869,234
Participant contributions at beginning of year2022-12-31$6,566,561
Assets. Other investments not covered elsewhere at end of year2022-12-31$9,362,166
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$11,401,462
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$495,111
Other income not declared elsewhere2022-12-31$-12,270
Administrative expenses (other) incurred2022-12-31$4,029
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-60,061,210
Value of net assets at end of year (total assets less liabilities)2022-12-31$216,064,116
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$276,125,326
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
Investment advisory and management fees2022-12-31$332,843
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$64,714,172
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$83,616,092
Interest on participant loans2022-12-31$211,189
Value of interest in common/collective trusts at end of year2022-12-31$135,280,906
Value of interest in common/collective trusts at beginning of year2022-12-31$173,236,123
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$1,210,700
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$622,698
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$622,698
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-16,796,501
Net investment gain or loss from common/collective trusts2022-12-31$-28,227,183
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
Contributions received in cash from employer2022-12-31$9,012,314
Employer contributions (assets) at end of year2022-12-31$626,938
Employer contributions (assets) at beginning of year2022-12-31$682,390
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$34,077,458
Contract administrator fees2022-12-31$509,809
Did the plan have assets held for investment2022-12-31Yes
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 name2022-12-31WITHUM SMITH & BROWN PC
Accountancy firm EIN2022-12-31222027092
2021 : SIEMENS WIND POWER, INC. SAVINGS PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$824,692
Total unrealized appreciation/depreciation of assets2021-12-31$824,692
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$57,724,566
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$21,436,523
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$20,500,170
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$25,450,560
Value of total assets at end of year2021-12-31$276,125,326
Value of total assets at beginning of year2021-12-31$239,837,283
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$936,353
Total interest from all sources2021-12-31$261,275
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$37,570
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$37,570
Administrative expenses professional fees incurred2021-12-31$305,911
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
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
Contributions received from participants2021-12-31$15,122,487
Participant contributions at end of year2021-12-31$6,566,561
Participant contributions at beginning of year2021-12-31$6,241,051
Assets. Other investments not covered elsewhere at end of year2021-12-31$11,401,462
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$10,570,227
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$243,426
Administrative expenses (other) incurred2021-12-31$81,984
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$36,288,043
Value of net assets at end of year (total assets less liabilities)2021-12-31$276,125,326
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$239,837,283
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
Investment advisory and management fees2021-12-31$548,458
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$83,616,092
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$67,211,460
Interest on participant loans2021-12-31$261,275
Value of interest in common/collective trusts at end of year2021-12-31$173,236,123
Value of interest in common/collective trusts at beginning of year2021-12-31$152,790,268
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$622,698
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$2,461,322
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$2,461,322
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$11,164,443
Net investment gain or loss from common/collective trusts2021-12-31$19,986,026
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
Contributions received in cash from employer2021-12-31$10,084,647
Employer contributions (assets) at end of year2021-12-31$682,390
Employer contributions (assets) at beginning of year2021-12-31$562,955
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$20,500,170
Did the plan have assets held for investment2021-12-31Yes
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 name2021-12-31WITHUM SMITH & BROWN PC
Accountancy firm EIN2021-12-31222027092
2020 : SIEMENS WIND POWER, INC. SAVINGS PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$2,657,370
Total unrealized appreciation/depreciation of assets2020-12-31$2,657,370
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$62,046,431
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$25,074,598
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$24,469,789
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$27,725,373
Value of total assets at end of year2020-12-31$239,837,283
Value of total assets at beginning of year2020-12-31$202,865,450
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$604,809
Total interest from all sources2020-12-31$324,722
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$1,473,758
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$1,473,758
Administrative expenses professional fees incurred2020-12-31$298,470
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
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
Contributions received from participants2020-12-31$15,610,900
Participant contributions at end of year2020-12-31$6,241,051
Participant contributions at beginning of year2020-12-31$6,689,130
Assets. Other investments not covered elsewhere at end of year2020-12-31$10,570,227
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$6,464,825
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$925,920
Administrative expenses (other) incurred2020-12-31$79,617
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$36,971,833
Value of net assets at end of year (total assets less liabilities)2020-12-31$239,837,283
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$202,865,450
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
Investment advisory and management fees2020-12-31$226,722
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$67,211,460
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$61,294,832
Interest on participant loans2020-12-31$324,722
Value of interest in common/collective trusts at end of year2020-12-31$152,790,268
Value of interest in common/collective trusts at beginning of year2020-12-31$126,577,288
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$2,461,322
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$1,254,863
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$1,254,863
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$8,846,830
Net investment gain or loss from common/collective trusts2020-12-31$21,018,378
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
Contributions received in cash from employer2020-12-31$11,188,553
Employer contributions (assets) at end of year2020-12-31$562,955
Employer contributions (assets) at beginning of year2020-12-31$584,512
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$24,469,789
Did the plan have assets held for investment2020-12-31Yes
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 name2020-12-31WITHUM SMITH & BROWN PC
Accountancy firm EIN2020-12-31222027092
2019 : SIEMENS WIND POWER, INC. SAVINGS PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$5,140,604
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$5,140,604
Total unrealized appreciation/depreciation of assets2019-12-31$5,140,604
Total transfer of assets to this plan2019-12-31$23,477,196
Total transfer of assets to this plan2019-12-31$23,477,196
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$59,872,234
Total income from all sources (including contributions)2019-12-31$59,872,234
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$16,943,734
Total of all expenses incurred2019-12-31$16,943,734
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$16,406,136
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$16,406,136
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$24,162,740
Value of total assets at end of year2019-12-31$202,865,450
Value of total assets at end of year2019-12-31$202,865,450
Value of total assets at beginning of year2019-12-31$136,459,754
Value of total assets at beginning of year2019-12-31$136,459,754
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$537,598
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$537,598
Total interest from all sources2019-12-31$289,665
Total interest from all sources2019-12-31$289,665
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,540,865
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,540,865
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,540,865
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,540,865
Administrative expenses professional fees incurred2019-12-31$479,089
Administrative expenses professional fees incurred2019-12-31$479,089
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$5,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
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
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$13,686,452
Contributions received from participants2019-12-31$13,686,452
Participant contributions at end of year2019-12-31$6,689,130
Participant contributions at end of year2019-12-31$6,689,130
Participant contributions at beginning of year2019-12-31$5,448,206
Participant contributions at beginning of year2019-12-31$5,448,206
Assets. Other investments not covered elsewhere at end of year2019-12-31$6,464,825
Assets. Other investments not covered elsewhere at end of year2019-12-31$6,464,825
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$5,684,098
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$5,684,098
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$679,851
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$679,851
Administrative expenses (other) incurred2019-12-31$3,022
Administrative expenses (other) incurred2019-12-31$3,022
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$42,928,500
Value of net income/loss2019-12-31$42,928,500
Value of net assets at end of year (total assets less liabilities)2019-12-31$202,865,450
Value of net assets at end of year (total assets less liabilities)2019-12-31$202,865,450
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$136,459,754
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$136,459,754
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
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 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
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$55,487
Investment advisory and management fees2019-12-31$55,487
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$61,294,832
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$61,294,832
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$24,763,712
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$24,763,712
Interest on participant loans2019-12-31$289,665
Interest on participant loans2019-12-31$289,665
Value of interest in common/collective trusts at end of year2019-12-31$126,577,288
Value of interest in common/collective trusts at beginning of year2019-12-31$99,362,669
Value of interest in common/collective trusts at beginning of year2019-12-31$99,362,669
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$1,254,863
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$1,254,863
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$687,060
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$687,060
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$687,060
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$687,060
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$201,161
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$201,161
Net investment gain or loss from common/collective trusts2019-12-31$28,537,199
Net investment gain or loss from common/collective trusts2019-12-31$28,537,199
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
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
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
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$9,796,437
Contributions received in cash from employer2019-12-31$9,796,437
Employer contributions (assets) at end of year2019-12-31$584,512
Employer contributions (assets) at end of year2019-12-31$584,512
Employer contributions (assets) at beginning of year2019-12-31$514,009
Employer contributions (assets) at beginning of year2019-12-31$514,009
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$16,406,136
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$16,406,136
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31WITHUM SMITH & BROWN PC
Accountancy firm name2019-12-31WITHUM SMITH & BROWN PC
Accountancy firm EIN2019-12-31222027092
Accountancy firm EIN2019-12-31222027092
2018 : SIEMENS WIND POWER, INC. SAVINGS PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-512,199
Total unrealized appreciation/depreciation of assets2018-12-31$-512,199
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$524,818
Total income from all sources (including contributions)2018-12-31$9,175,510
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$18,386,335
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$18,210,635
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$17,912,359
Value of total assets at end of year2018-12-31$136,459,754
Value of total assets at beginning of year2018-12-31$146,195,397
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$175,700
Total interest from all sources2018-12-31$201,064
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
Administrative expenses professional fees incurred2018-12-31$166,780
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$5,000,000
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
Contributions received from participants2018-12-31$10,325,980
Participant contributions at end of year2018-12-31$5,448,206
Participant contributions at beginning of year2018-12-31$5,466,427
Assets. Other investments not covered elsewhere at end of year2018-12-31$5,684,098
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$5,399,817
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$182,771
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-9,210,825
Value of net assets at end of year (total assets less liabilities)2018-12-31$136,459,754
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$145,670,579
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
Investment advisory and management fees2018-12-31$8,920
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$24,763,712
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$75,821,662
Interest on participant loans2018-12-31$201,064
Value of interest in common/collective trusts at end of year2018-12-31$99,362,669
Value of interest in common/collective trusts at beginning of year2018-12-31$58,210,988
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$687,060
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$726,948
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$726,948
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$162,018
Net investment gain or loss from common/collective trusts2018-12-31$-8,587,732
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
Contributions received in cash from employer2018-12-31$7,403,608
Employer contributions (assets) at end of year2018-12-31$514,009
Employer contributions (assets) at beginning of year2018-12-31$569,555
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$18,210,635
Liabilities. Value of benefit claims payable at end of year2018-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$524,818
Did the plan have assets held for investment2018-12-31Yes
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 name2018-12-31WITHUM SMITH & BROWN PC
Accountancy firm EIN2018-12-31222027092
2017 : SIEMENS WIND POWER, INC. SAVINGS PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$397,765
Total unrealized appreciation/depreciation of assets2017-12-31$397,765
Total transfer of assets to this plan2017-12-31$129,629,172
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$524,818
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$27,676,872
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$11,635,465
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$11,591,691
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$14,796,009
Value of total assets at end of year2017-12-31$146,195,397
Value of total assets at beginning of year2017-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$43,774
Total interest from all sources2017-12-31$118,014
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Administrative expenses professional fees incurred2017-12-31$42,844
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$8,419,751
Participant contributions at end of year2017-12-31$5,466,427
Participant contributions at beginning of year2017-12-31$0
Assets. Other investments not covered elsewhere at end of year2017-12-31$5,399,817
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$231,747
Other income not declared elsewhere2017-12-31$46,193
Administrative expenses (other) incurred2017-12-31$930
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$16,041,407
Value of net assets at end of year (total assets less liabilities)2017-12-31$145,670,579
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$75,821,662
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$0
Interest on participant loans2017-12-31$4,063
Interest earned on other investments2017-12-31$113,951
Value of interest in common/collective trusts at end of year2017-12-31$58,210,988
Value of interest in common/collective trusts at beginning of year2017-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$726,948
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$6,575,965
Net investment gain or loss from common/collective trusts2017-12-31$5,742,926
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$6,144,511
Employer contributions (assets) at end of year2017-12-31$569,555
Employer contributions (assets) at beginning of year2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$11,591,691
Liabilities. Value of benefit claims payable at end of year2017-12-31$524,818
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$0
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31ERNST & YOUNG
Accountancy firm EIN2017-12-31346565596

Form 5500 Responses for SIEMENS WIND POWER, INC. SAVINGS PLAN

2022: SIEMENS WIND POWER, INC. SAVINGS 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 planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SIEMENS WIND POWER, INC. SAVINGS 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 planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SIEMENS WIND POWER, INC. SAVINGS 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 WIND POWER, INC. SAVINGS 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 WIND POWER, INC. SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
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
2017: SIEMENS WIND POWER, INC. SAVINGS PLAN 2017 form 5500 responses
2017-03-27Type of plan entitySingle employer plan
2017-03-27First time form 5500 has been submittedYes
2017-03-27Submission has been amendedNo
2017-03-27This submission is the final filingNo
2017-03-27This return/report is a short plan year return/report (less than 12 months)Yes
2017-03-27Plan is a collectively bargained planNo
2017-03-27Plan funding arrangement – TrustYes
2017-03-27Plan benefit arrangement - TrustYes

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