401(k) · DOL Form 5500 · 2024

Ciena Corporation 401(k) Plan

Data updated 2026-08-11

$719M
Total assets
1,973
Participants
98th
Percentile by assets
$364,300
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Ciena Corporation 401(k) Plan · Sponsored by Ciena Corporation · Maryland · Manufacturing

$719M in assets, 1,973 participants

Ciena Corporation's Ciena Corporation 401(k) Plan reported $719M in total assets and 1,973 participants in its 2024 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 123,622 plans)
  • #17,186 in Manufacturing (17,777 peers)

Coverage in Maryland

Ciena Corporation 401(k) Plan covers 1,973 participants in Maryland, 2.1x the typical Maryland plan (state average ~929 per filing). Assets: $719M.

$719M
total plan assets (2024 EOY)
1,973
covered participants
98th
percentile by assets (of 123,622 plans)
$364,300
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ciena Corporation 401(k) Plan reported net income fell from $118M in the plan year 2023 filing to $97M in the plan year 2024 filing.
  • Ciena Corporation 401(k) Plan end-of-year assets rose from $622M in the plan year 2023 filing to $719M in the plan year 2024 filing.

See the national 2023→2024 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 1,973 participants - 2.1x that state average ($719M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$622M
Net Assets (End of Year)$719M
Net Income$97M
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…Lockheed Martin Corp…
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 2024?
Ciena Corporation 401(k) Plan grew sharply - up 15.6% during 2024, from $622M to $719M. Reported net income was $97M.
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 123,622 plans that reported assets for plan year 2024 (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 Memorial Health System Defined Contribution Retirement Savings Plan in IL ($719M, 7,526 participants).

Next read for Ciena Corporation 401(k) Plan

Filing takeaways

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