401(k) · DOL Form 5500 · 2024

Ciena Corporation 401(k) Plan

Data updated 2026-08-25

$719M
Total assets Above avg plan size
1,973
Participants Near avg headcount
98th
Percentile by assets National rank
$364,300
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#17,186
in Manufacturing (17,777 peers)
+15.6%
assets growth YoY
7.2×
vs typical plan assets (national mean)

Ciena Corporation 401(k) Plan's outsized position by total assets

Ciena Corporation 401(k) Plan vs every filed plan by assets

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

$718,763,239 Top 2% higher than 98% 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

Ciena Corporation 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ciena Corporation 401(k) Plan lands in the large band (1,973 participants).

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 →

EBSA filing schedule strip

Filing strip 232725311 · Ciena Corporation PY 2024 · 401(k)

Ciena Corporation 401(k) Plan · $719M · 1,973 · 98th

  • BOOK $719M
  • VS-ST 1,973
  • BOY 98th
  • SCH 401(k)
  • EBSA near Memorial Health System Defined Contribution Retirement Savings Plan
  • PART ind #17186

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 Maryland →

Ciena Corporation 401(k) Plan in the asset neighbourhood

D. E. Shaw & Co. 401(k) Plan$719MMemorial Health System Defined Contribution Retirement Savings PlanMemorial Health System Defin…$719MSafelite Group Associates' Retirement Savings PlanSafelite Group Associates' R…$719MCiena Corporation 401(k) Plan$719MAvis Budget Group, Inc. Employee Savings PlanAvis Budget Group, Inc. Empl…$718M
End-of-year total assets ($M) among Ciena Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Ciena Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$719M 42.545259800079286% vs 2022
2024 filing year
$400M$500M$600M$700M$800M 202220232024 $504M $719M ▲ +42.5%
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 Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Ciena Corporation 401(k) Plan, Total assets ($B): 0.718763239 · Participants: 1973Ciena Corporation 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Ciena Corporation 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

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

Outside Maryland, the nearest 401(k) by assets is Memorial Health System Defined Contribution Retirement Savings Plan in IL ($719M); by covered participants it is Hogan Lovells US LLP Retirement Savings Plan in DC (1,973 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,973 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 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).
Which 401(k) plans cover a similar participant headcount to Ciena Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hogan Lovells US LLP Retirement Savings Plan in DC (1,973 participants, $1.9B in assets).