401(k) · DOL Form 5500 · 2023

Cadence Design Systems Inc 401(k) Plan

Data updated 2026-08-25

$1.8B
Total assets Very large vs avg
3,437
Participants Above avg headcount
99th
Percentile by assets National rank
$516,761
Avg per participant High balance/head
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Official DOL plan name: Cadence Design Systems, Inc. 401(k) Plan · Sponsored by Cadence Design Systems Inc · California · Manufacturing

$1.8B in assets, 3,437 participants

Cadence Design Systems Inc's Cadence Design Systems, Inc. 401(k) Plan reported $1.8B in total assets and 3,437 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,444 in Manufacturing (18,722 peers)

Coverage in California

Cadence Design Systems, Inc. 401(k) Plan covers 3,437 participants in California, 5.5x the typical California plan (state average ~630 per filing). Assets: $1.8B.

#18,444
in Manufacturing (18,722 peers)
+21.5%
assets growth YoY
18×
vs typical plan assets (national mean)

Cadence Design Systems, Inc. 401(k) Plan's outsized position by total assets

Cadence Design Systems, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,776,106,546 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Cadence Design Systems, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cadence Design Systems, Inc. 401(k) Plan lands in the large band (3,437 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cadence Design Systems, Inc. 401(k) Plan reported net income rose from -$335M in the plan year 2022 filing to $314M in the plan year 2023 filing.
  • Cadence Design Systems, Inc. 401(k) Plan end-of-year assets rose from $1.5B in the plan year 2022 filing to $1.8B in the plan year 2023 filing.
  • Cadence Design Systems, Inc. 401(k) Plan reported participants rose from 3,101 in the plan year 2022 filing to 3,437 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 770148231 · Cadence Design Systems Inc PY 2023 · 401(k)

Cadence Design Systems, Inc. 401(k) Plan · $1.8B · 3,437 · 99th

  • TYPE $1.8B
  • TYPE 3,437
  • TYPE 99th
  • TYPE 401(k)
  • TYPE near Kbrwyle Technology 401(k) Plan
  • TYPE ind #18444

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in California →

Cadence Design Systems, Inc. 401(k) Plan in the asset neighbourhood

Cadence Design Systems, Inc. 401(k) PlanCadence Design Systems, Inc.…$1.8BKbrwyle Technology 401(k) PlanKbrwyle Technology 401(k) Pl…$1.8BQuanta Services, Inc. 401(k) Savings PlanQuanta Services, Inc. 401(k)…$1.8BInvesco 401(k) Plan$1.8BWestlake Savings Plan$1.8B
End-of-year total assets ($B) among Cadence Design Systems, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.8B
Net Income$314M
Employer EIN770148231
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cadence Design Systems Inc)

Sponsor-wide plan assets over time

All Cadence Design Systems Inc plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 43.08409825412895% vs 2022
2024 filing year
$1.2B$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.46B $2.09B ▲ +43.2%
Year Plans Participants Total Assets
2022 1 3,101 $1.5B
2023 1 3,437 $1.8B
2024 1 3,690 $2.1B

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cadence Design Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Cadence Design Systems, Inc. 401(k) Plan, Total assets ($B): 1.776106546 · Participants: 3437Cadence Design Systems, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Cadence Design Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Cadence Design Systems, Inc. 401(k) Plan side-by-side with 3 peers →

Cadence Design Systems, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Kbrwyle Technology 401(k) Plan in TX ($1.8B); by covered participants it is Sewell Automotive Companies 401(k) Retirement Savings Plan in TX (3,436 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,437 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cadence Design Systems, Inc. 401(k) Plan assets move in 2023? ▼
Cadence Design Systems, Inc. 401(k) Plan grew sharply - up 21.5% during 2023, from $1.5B to $1.8B. Reported net income was $314M.
How have Cadence Design Systems Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cadence Design Systems Inc's sponsor-wide assets grew 43.1%, from $1.5B to $2.1B.
Where does Cadence Design Systems, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Cadence Design Systems, Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Cadence Design Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kbrwyle Technology 401(k) Plan in TX ($1.8B, 10,619 participants).
Which 401(k) plans cover a similar participant headcount to Cadence Design Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sewell Automotive Companies 401(k) Retirement Savings Plan in TX (3,436 participants, $315M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 770148231.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.