401(k) · DOL Form 5500 · 2024

Cadence, Inc. 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
705
Participants Below avg headcount
86th
Percentile by assets National rank
$85,730
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Cadence, Inc. 401(k) Plan · Sponsored by Cadence, Inc. · Virginia · Manufacturing

$60M in assets, 705 participants

Cadence, Inc.'s Cadence, Inc. 401(k) Plan reported $60M in total assets and 705 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,254 in Manufacturing (17,777 peers)

Where Cadence, Inc. 401(k) Plan sits by assets

Cadence, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $60M for 705 participants (~$85,730/participant), up 8.6% in 2024.

#14,254
in Manufacturing (17,777 peers)
+8.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

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

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

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

$60,440,002 Top 14% higher than 86% 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

Cadence, Inc. 401(k) 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. Cadence, Inc. 401(k) Plan sits mid-pack in the medium band (705 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cadence, Inc. 401(k) Plan reported net income fell from $12M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Cadence, Inc. 401(k) Plan reported participants rose from 566 in the plan year 2023 filing to 705 in the plan year 2024 filing.
  • Cadence, Inc. 401(k) Plan end-of-year assets rose from $56M in the plan year 2023 filing to $60M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 541332357 · Cadence, Inc. PY 2024 · 401(k)

Cadence, Inc. 401(k) Plan · $60M · 705 · 86th

  • PART $60M
  • PART 705
  • PART 86th
  • PART 401(k)
  • PART near Scitec, Inc. 401(k) Retirement Plan
  • PART ind #14254

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 Virginia →

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

Cadence, Inc. 401(k) Plan$60MScitec, Inc. 401(k) Retirement PlanScitec, Inc. 401(k) Retireme…$60MBierlein 401(k) Profit Sharing PlanBierlein 401(k) Profit Shari…$60MRonetco Supermarkets, Inc. Thrift Savings 401(k) PlanRonetco Supermarkets, Inc. T…$60MOnpoint Group, LLC 401(k) PlanOnpoint Group, LLC 401(k) Pl…$60M
End-of-year total assets ($M) among Cadence, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$60M
Net Income$5M
Employer EIN541332357
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cadence, Inc.)

Sponsor-wide plan assets over time

All Cadence, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$60M 39.6627113282307% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $43.3M $60.4M ▲ +39.6%
Year Plans Participants Total Assets
2022 1 617 $43M
2023 1 566 $56M
2024 1 705 $60M

Nearby 401(k) Plans in Virginia

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

Cadence, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Cadence, Inc. 401(k) Plan, Total assets ($B): 0.060440002 · Participants: 705Cadence, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Cadence, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Cadence, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Scitec, Inc. 401(k) Retirement Plan in NJ ($60M); by covered participants it is Doctors of Physical Therapy 401(k) Plan in IL (705 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60M here).

Similar participant headcount

Nearest other-state filings by covered participants (705 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 Cadence, Inc. 401(k) Plan assets move in 2024? ▼
Cadence, Inc. 401(k) Plan grew at a solid clip - up 8.6% during 2024, from $56M to $60M. Reported net income was $5M.
How have Cadence, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cadence, Inc.'s sponsor-wide assets grew 39.7%, from $43M to $60M.
Where does Cadence, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Cadence, Inc. 401(k) Plan ranks in the 86th 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 Cadence, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Scitec, Inc. 401(k) Retirement Plan in NJ ($60M, 304 participants).
Which 401(k) plans cover a similar participant headcount to Cadence, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Doctors of Physical Therapy 401(k) Plan in IL (705 participants, $12M 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 541332357.

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.