Cadence, Inc. 401(K) Plan — Form 5500 plan (Cadence, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Cadence, Inc. 401(K) Plan is a benefit plan reported by Cadence, Inc. under EIN 54-1332357 and plan number 001. The latest loaded filing year is 2023. The filing reports 716 participants and $55,640,687 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Cadence, Inc.
EIN
54-1332357
Plan number
001
Plan type
2
Location
Staunton, VA
Latest filing year
2023
Participants
716
End-of-year plan assets
$55,640,687

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023716H, C20241127135435NAL0011543280001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$55,640,687
Total liabilities (EOY)
$0
Net assets (EOY)
$55,640,687
Net assets (BOY)
$43,275,690

Income & contributions

Employer contributions
$1,270,963
Participant contributions
$3,403,673
Total contributions
$10,263,186
Total income / additions
$18,078,995

Expenses & distributions

Benefits paid
$5,672,716
Administrative expenses
$28,633
Total expenses
$5,713,998
Net increase / (decrease)
$12,364,997

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Capfinancial Partners LLCADVISOR$75,880not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$47,247$02023

Related Form 5500 pages