2023 Form 5500 filing — Cadence Design Systems, Inc. 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240910111841NAL0011446658001) for Cadence Design Systems, Inc. 401(K) Plan, reported by Cadence Design Systems Inc under EIN 77-0148231 and plan number 001. It reports 5,618 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240910111841NAL0011446658001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cadence Design Systems Inc
- EIN
- 77-0148231
- Plan number
- 001
- Location
- San Jose, CA
- Participants
- 5,618
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,776,106,546
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,776,106,546
- Employer contributions
- $20,994,951
- Participant contributions
- $74,755,625
- Total income / additions
- $402,141,350
- Benefits paid
- $86,960,472
- Administrative expenses
- $1,012,296
- Total expenses
- $88,166,905
- Net increase / (decrease)
- $313,974,445
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group, LLC | NONE | $659,993 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | NONE | $387,710 | $0 |
| Hyas Group LLC | NONE | $85,626 | not reported in the loaded dataset |
| Moss Adams Llp | NONE | $38,325 | not reported in the loaded dataset |
| Signaturefd LLC | NONE | $24,758 | not reported in the loaded dataset |
| Fisher Investments | NONE | $21,814 | not reported in the loaded dataset |
| Weil Associates Inc | NONE | $16,844 | not reported in the loaded dataset |
| Ironwood Wealth Management LLC | NONE | $15,011 | not reported in the loaded dataset |
| Golden State Equity Partners L | NONE | $13,980 | not reported in the loaded dataset |
| Savant Capital LLC | NONE | $12,762 | not reported in the loaded dataset |
| Moneta Group Investment Adviso | NONE | $9,648 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $6,247 | not reported in the loaded dataset |
| Qdro Consultants Company, LLC | NONE | $2,100 | not reported in the loaded dataset |