401(k) · DOL Form 5500 · 2024

Cerence Operating Company 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
125
Participants Small participant base
80th
Percentile by assets National rank
$294,903
Avg per participant High balance/head
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Official DOL plan name: Cerence Retirement Plan · Sponsored by Cerence Operating Company · Massachusetts · Professional & Technical Services

$37M in assets, 125 participants

Cerence Operating Company's Cerence Retirement Plan reported $37M in total assets and 125 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #16,284 in Professional & Technical Services (20,173 peers)

Coverage in Massachusetts

Cerence Retirement Plan covers 125 participants in Massachusetts, about 19% of the average Massachusetts filer (state average ~659 per filing). Assets: $37M.

#16,284
in Professional & Technical Services (20,173 peers)
+6.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Cerence Retirement Plan's outsized position by total assets

Cerence Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$36,862,864 Top 20% higher than 80% of 123,620 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 2024

Cerence Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cerence Retirement Plan sits mid-pack in the medium band (125 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cerence Retirement Plan reported net income fell from $5M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Cerence Retirement Plan reported participants fell from 145 in the plan year 2023 filing to 125 in the plan year 2024 filing.
  • Cerence Retirement Plan end-of-year assets rose from $35M in the plan year 2023 filing to $37M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 841730382 · Cerence Operating Company PY 2024 · 401(k)

Cerence Retirement Plan · $37M · 125 · 80th

  • BOOK $37M
  • BOOK 125
  • BOOK 80th
  • BOOK 401(k)
  • BOOK near O'neal, Inc. 401(k) Plan and Trust
  • BOOK ind #16284

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

Cerence Retirement Plan in the asset neighbourhood

Team Horner 401(k) Profit Sharing PlanTeam Horner 401(k) Profit Sh…$37MCerence Retirement Plan$37MO'neal, Inc. 401(k) Plan and TrustO'neal, Inc. 401(k) Plan and…$37MBoulder Associates, Inc. 401(k) PlanBoulder Associates, Inc. 401…$37MForesight Financial Group, Inc. Employee Savings and Profit Sharing PlanForesight Financial Group, I…$37M
End-of-year total assets ($M) among Cerence Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$37M
Net Income$2M
Employer EIN841730382
Plan Effective Date2019-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cerence Operating Company)

Sponsor-wide plan assets over time

All Cerence Operating Company plans reported in each filing year

Latest sponsor-wide plan assets
$37M 22.781855477398953% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $30M $36.9M ▲ +22.8%
Year Plans Participants Total Assets
2022 1 143 $30M
2023 1 145 $35M
2024 1 125 $37M

Nearby 401(k) Plans in Massachusetts

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

Cerence Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Cerence Retirement Plan, Total assets ($B): 0.036862864 · Participants: 125Cerence Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Cerence Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Cerence Retirement Plan side-by-side with 3 peers →

Cerence Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is O'neal, Inc. 401(k) Plan and Trust in SC ($37M); by covered participants it is Portland Forge Interim Manufacturing Plan in IN (125 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (125 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cerence Retirement Plan assets move in 2024? ▼
Cerence Retirement Plan grew at a solid clip - up 6.0% during 2024, from $35M to $37M. Reported net income was $2M.
How have Cerence Operating Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cerence Operating Company's sponsor-wide assets grew 22.8%, from $30M to $37M.
Where does Cerence Retirement Plan rank by assets among Form 5500 filers? ▼
Cerence Retirement Plan ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Cerence Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is O'neal, Inc. 401(k) Plan and Trust in SC ($37M, 215 participants).
Which 401(k) plans cover a similar participant headcount to Cerence Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Portland Forge Interim Manufacturing Plan in IN (125 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 841730382.

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.