Cadence Design Systems Employee Benefit: 401K Plan | Glassdoor

Cadence Design Systems 401K Plan

Updated Jan 13, 2015

85 employees reported this benefit

4.1
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Employer Summary

This long-term savings and investment program allows you to set aside 1% to 100% of your eligible earnings (up to the IRS maximum) on a pre-tax and/or Roth 401(k) after-tax basis and invest in a broad array of funds. Each pay period, Cadence matches $0.50 for every dollar you contribute up to 6% of your eligible earnings.

Plan features include loans, online investment advice, professional account management, automatic investment rebalancing, automatic contribution increases, and a diverse selection of investment options including mutual funds, target retirement date funds, and a self-directed brokerage account.


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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 44
  • Aug 15, 2018
    StarStarStarStarStar Current Employee in San Jose, California

    good matching for each dollar

  • Jul 18, 2018
    StarStarStarStarStar Current Principal Solutions Engineer in San Jose, California

    Overall reasonable benefits as per industry

  • May 03, 2018
    StarStarStarStarStar Former Employee in San Jose, California

    company contribution with reasonable vesting and ESPP options

  • Mar 28, 2018
    StarStarStarStarStar Current Employee in San Jose, California

    Matching percentage could be higher.

  • Nov 16, 2017
    StarStarStarStarStar Current Principal Applications En in Cary, North Carolina

    50% match up to first 6% of salary contributed for a max of 3% of salary matching. Excellent options available in the funds, including a brokerage option to invest in individual stocks.

  • Nov 02, 2017
    StarStarStarStarStar Current Sr. Software Engineer in San Jose, California

    Pretty standard benefit plans but much better than smaller comapnies

  • Sep 25, 2017
    StarStarStarStarStar Former HR Business Partner in San Jose, California

    EmPower is easy to use and the yield of return is very good

  • Aug 10, 2017
    StarStarStarStarStar Current Employee in Minneapolis, Minnesota

    Offer the option for a self directed 401K.

  • Jul 10, 2017
    StarStarStarStarStar Current Employee in San Jose, California

    the company matches an equal percentage with the amount you specify

  • Jul 05, 2017
    StarStarStarStarStar Current Employee in San Jose, California

    good matching with the employee contribution. Competitive with market.


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