401(k) · DOL Form 5500 · 2023

Cerebras Systems Inc 401(k) Plan

Data updated 2026-08-11

$26M
Total assets
275
Participants
77th
Percentile by assets
$92,792
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Cerebras Systems Inc 401(k) Plan · Sponsored by Cerebras Systems Inc · California · Professional & Technical Services

$26M in assets, 275 participants

Cerebras Systems Inc's Cerebras Systems Inc 401(k) Plan reported $26M in total assets and 275 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • 77th percentile by assets (of 127,072 plans)
  • #15,677 in Professional & Technical Services (20,321 peers)

Coverage in California

Cerebras Systems Inc 401(k) Plan covers 275 participants in California, about 44% of the average California filer (state average ~630 per filing). Assets: $26M.

$26M
total plan assets (2023 EOY)
275
covered participants
77th
percentile by assets (of 127,072 plans)
$92,792
avg assets per participant

Where Cerebras Systems Inc 401(k) Plan sits by total assets

Cerebras Systems Inc 401(k) Plan vs every filed plan by assets

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

$25,517,695 Top 23% higher than 77% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cerebras Systems Inc 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Cerebras Systems Inc 401(k) Plan end-of-year assets rose from $19M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Cerebras Systems Inc 401(k) Plan reported participants fell from 299 in the plan year 2022 filing to 275 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Cerebras Systems Inc 401(k) Plan reports 275 participants - about 44% of that state average ($26M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$26M
Net Income$6M
Employer EIN812256092
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cerebras Systems Inc)

$15M$20M$25M$30M$35M 202220232024 $19.1M $32.5M ▲ +70.2%
Total plan assets by year, all Cerebras Systems Inc plans on file
Year Plans Participants Total Assets
2022 1 299 $19M
2023 1 275 $26M
2024 1 299 $33M

Nearby 401(k) Plans in California

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

Cerebras Systems Inc 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Cerebras 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 Cerebras Systems Inc…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Cerebras Systems Inc 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Cerebras Systems Inc 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Cerebras Systems Inc 401(k) Plan assets move in 2023?
Cerebras Systems Inc 401(k) Plan surged - up 33.7% during 2023, from $19M to $26M. Reported net income was $6M.
How have Cerebras Systems Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Cerebras Systems Inc's sponsor-wide assets grew 70.3%, from $19M to $33M.
Where does Cerebras Systems Inc 401(k) Plan rank by assets among Form 5500 filers?
Cerebras Systems Inc 401(k) Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Cerebras Systems Inc 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Purolator International, Inc. 401(k) Retirement Plan in NY ($26M, 269 participants).

Filing takeaways

Ways to act on Cerebras Systems Inc 401(k) Plan's numbers.