CADENCE DESIGN SYSTEMS, INC. 401(K) PLAN

Address: 2655 SEELY ROAD BUILDING 5,SAN JOSE,CA
Contact person: CRYSTAL RUOCCHIO
Phone: (408) 943-1234

CADENCE DESIGN SYSTEMS, INC. 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.

At the end of 2022, the total retirement plan assets of CADENCE DESIGN SYSTEMS, INC. 401(K) PLAN is $1,462,132,101.00.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in CADENCE DESIGN SYSTEMS, INC. 401(K) PLAN is 5185

In 2022, the average participant retirement account value for CADENCE DESIGN SYSTEMS, INC. 401(K) PLAN is $281,992.00

In 2022, the estimated average employee contribution amount per participant for CADENCE DESIGN SYSTEMS, INC. 401(K) PLAN is $12,468.00

In 2022, the estimated average employer match for an employee in CADENCE DESIGN SYSTEMS, INC. 401(K) PLAN is approximately $3,482.00

In 2022, CADENCE DESIGN SYSTEMS, INC. 401(K) PLAN allocates $18,056,489.00 to match its employees' contributions, providing an employer match rate of 28.23% of their contributions

In 2022, the total retirement plan asset growth rate of CADENCE DESIGN SYSTEMS, INC. 401(K) PLAN is -18.65%

In 2022, the estimated aggregate retirement account investment gain/loss for CADENCE DESIGN SYSTEMS, INC. 401(K) PLAN is -18.40%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of CADENCE DESIGN SYSTEMS, INC. 401(K) PLAN is 0.07%.

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