Plan Snapshot
- Plan Sponsor: Cisco Systems,INC.
- Sponsor EIN: 770059951
- Sponsor Address: 170 WEST TASMAN DRIVE, SAN JOSE, CA, 951341706
- Plan Type: 401(k)
- Total Participants: 40,599
- Total Assets: $22.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 40,599 | $22.7B | $360.0M | $765.7M |
| 2023 | 40,452 | $18.9B | $361.0M | $724.7M |
| 2022 | 40,364 | $15.5B | $323.4M | $644.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FINANCIAL ENGINES | ADVISOR | $3,611,306 | — | $3,611,306 |
| PRICEWATERHOUSECOOPERS LLP | ACCOUNTANT/AUDITOR | $93,000 | — | $93,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,704,306
- Estimated Expense Ratio: 0.016% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $6,755,169 | $7,997,350 | $30,000 | $93,000 | — |
| 2023 | $6,775,715 | $7,586,075 | $22,800 | $90,000 | — |
| 2022 | $8,120,787 | $4,628,959 | — | — | — |