Cadence Design Systems, Inc. 401(K) Plan — Form 5500 plan (Cadence Design Systems 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 Design Systems, Inc. 401(K) Plan is a benefit plan reported by Cadence Design Systems Inc under EIN 77-0148231 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,618 participants and $1,776,106,546 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cadence Design Systems Inc
- EIN
- 77-0148231
- Plan number
- 001
- Plan type
- 2
- Location
- San Jose, CA
- Latest filing year
- 2023
- Participants
- 5,618
- End-of-year plan assets
- $1,776,106,546
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5,618 | H, C | 20240910111841NAL0011446658001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,776,106,546
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,776,106,546
- Net assets (BOY)
- $1,462,132,101
Income & contributions
- Employer contributions
- $20,994,951
- Participant contributions
- $74,755,625
- Total contributions
- $106,399,767
- Total income / additions
- $402,141,350
Expenses & distributions
- Benefits paid
- $86,960,472
- Administrative expenses
- $1,012,296
- Total expenses
- $88,166,905
- Net increase / (decrease)
- $313,974,445
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group, LLC | NONE | $659,993 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | NONE | $387,710 | $0 | 2023 |
| Hyas Group LLC | NONE | $85,626 | not reported in the loaded dataset | 2023 |
| Moss Adams Llp | NONE | $38,325 | not reported in the loaded dataset | 2023 |
| Signaturefd LLC | NONE | $24,758 | not reported in the loaded dataset | 2023 |
| Fisher Investments | NONE | $21,814 | not reported in the loaded dataset | 2023 |
| Weil Associates Inc | NONE | $16,844 | not reported in the loaded dataset | 2023 |
| Ironwood Wealth Management LLC | NONE | $15,011 | not reported in the loaded dataset | 2023 |
| Golden State Equity Partners L | NONE | $13,980 | not reported in the loaded dataset | 2023 |
| Savant Capital LLC | NONE | $12,762 | not reported in the loaded dataset | 2023 |
| Moneta Group Investment Adviso | NONE | $9,648 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $6,247 | not reported in the loaded dataset | 2023 |
| Qdro Consultants Company, LLC | NONE | $2,100 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Cadence Design Systems Inc
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in San Jose, CA
- Empower Advisory Group, LLC — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Hyas Group LLC — Schedule C compensation
- Moss Adams Llp — Schedule C compensation
- Signaturefd LLC — Schedule C compensation
- Fisher Investments — Schedule C compensation
- Weil Associates Inc — Schedule C compensation
- Ironwood Wealth Management LLC — Schedule C compensation
- Golden State Equity Partners L — Schedule C compensation
- Savant Capital LLC — Schedule C compensation
- Moneta Group Investment Adviso — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation
- Qdro Consultants Company, LLC — Schedule C compensation