401(k) · DOL Form 5500 · 2023
Cadence Design Systems Inc 401(k) Plan
Data updated 2026-08-11
- $1.8B
- Total assets
- 3,437
- Participants
- 99th
- Percentile by assets
- $516,761
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $1.8B
- total plan assets (2023 EOY)
- 3,437
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $516,761
- avg assets per participant
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.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Cadence Design Systems, Inc. 401(k) Plan reports 3,437 participants - 5.5x that state average ($1.8B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $1.5B |
|---|---|
| Net Assets (End of Year) | $1.8B |
| Net Income | $314M |
| Employer EIN | 770148231 |
| Plan Effective Date | 1984-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cadence Design Systems Inc)
| 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
- Wells Fargo & Company 401(k) Plan $51.8B · 193,919
- Google LLC 401(k) Savings Plan $39.0B · 122,867
- Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
- Intel 401(k) Savings Plan $22.2B · 59,863
- Apple 401(k) Plan $19.8B · 106,111
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Cadence Design Systems, Inc. 401(k) Plan by total assets, not by location.
- Kbrwyle Technology 401(k) Plan (TX) $1.8B · 10,619
- Quanta Services, Inc. 401(k) Savings Plan (TX) $1.8B · 30,951
- Westlake Savings Plan (TX) $1.8B · 10,546
- Invesco 401(k) Plan (GA) $1.8B · 3,371
Frequently Asked Questions
How did Cadence Design Systems, Inc. 401(k) Plan assets move in 2023? ▼
How have Cadence Design Systems Inc plan assets changed over time? ▼
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Next read for Cadence Design Systems, Inc. 401(k) Plan
Filing takeaways
Ways to act on Cadence Design Systems, Inc. 401(k) Plan's numbers.
- By total assets, Cadence Design Systems, Inc. 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Cadence Design Systems Inc's sponsor-wide assets have grown 43.1% since 2022 across 3 plan years on file. More Manufacturing plans