CIGNA 401(K) PLAN

At the end of 2022, the total retirement plan assets of CIGNA 401(K) PLAN is $11,460,872,790.This plan was established in 1974.

At the end of 2022, the total number of retirement plan participants in CIGNA 401(K) PLAN is 90612

In 2022, the average participant retirement account value for CIGNA 401(K) PLAN is $126,482

In 2022, the estimated average employee contribution amount per participant for CIGNA 401(K) PLAN is $5,352

In 2022, the estimated average employer match for an employee in CIGNA 401(K) PLAN is approximately $2,977

In 2022, CIGNA 401(K) PLAN allocates $269,751,966 to match its employees’ contributions, providing an employer match rate of 54.87% of their contributions

In 2022, the total retirement plan asset growth rate of CIGNA 401(K) PLAN is -11.61%

In 2022, the estimated aggregate retirement account investment gain/loss for CIGNA 401(K) PLAN is -11.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CIGNA 401(K) PLAN is 0.02%.

Enrollment Features

CIGNA 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.