401(k) · DOL Form 5500 · 2023

Ciena Corporation 401(k) Plan

Data updated 2026-08-11

$622M
Total assets
1,975
Participants
98th
Percentile by assets
$314,854
Avg per participant
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Official DOL plan name: Ciena Corporation 401(k) Plan · Sponsored by Ciena Corporation · Maryland · Manufacturing

$622M in assets, 1,975 participants

Ciena Corporation's Ciena Corporation 401(k) Plan reported $622M in total assets and 1,975 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #18,059 in Manufacturing (18,722 peers)

Coverage in Maryland

Ciena Corporation 401(k) Plan covers 1,975 participants in Maryland, 2.1x the typical Maryland plan (state average ~929 per filing). Assets: $622M.

$622M
total plan assets (2023 EOY)
1,975
covered participants
98th
percentile by assets (of 127,072 plans)
$314,854
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ciena Corporation 401(k) Plan reported net income rose from -$96M in the plan year 2022 filing to $118M in the plan year 2023 filing.
  • Ciena Corporation 401(k) Plan end-of-year assets rose from $504M in the plan year 2022 filing to $622M in the plan year 2023 filing.
  • Ciena Corporation 401(k) Plan reported participants rose from 1,833 in the plan year 2022 filing to 1,975 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Ciena Corporation 401(k) Plan reports 1,975 participants - 2.1x that state average ($622M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$504M
Net Assets (End of Year)$622M
Net Income$118M
Employer EIN232725311
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ciena Corporation)

$400M$500M$600M$700M$800M 202220232024 $504M $719M ▲ +42.5%
Total plan assets by year, all Ciena Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,833 $504M
2023 1 1,975 $622M
2024 1 1,973 $719M

Nearby 401(k) Plans in Maryland

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

Ciena Corporation 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Ciena Corporation 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Ciena Corporation 40…Lockheed Martin Corp…Marriott Retirement …T. Rowe Price U.S. R…Nfl Player Second Ca…Sodexo 401 (K) Emplo…
Ciena Corporation 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ciena Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Ciena Corporation 401(k) Plan assets move in 2023?
Ciena Corporation 401(k) Plan grew sharply - up 23.3% during 2023, from $504M to $622M. Reported net income was $118M.
How have Ciena Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Ciena Corporation's sponsor-wide assets grew 42.5%, from $504M to $719M.
Where does Ciena Corporation 401(k) Plan rank by assets among Form 5500 filers?
Ciena Corporation 401(k) Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Ciena Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Scotts Company LLC Retirement Savings Plan in OH ($622M, 4,981 participants).

Next read for Ciena Corporation 401(k) Plan

Filing takeaways

Ways to act on Ciena Corporation 401(k) Plan's numbers.