CISCO SYSTEMS,INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 170 WEST TASMAN DRIVE,,SAN JOSE,CA
  • Contact person: ROGER BISCAY
  • Phone: (408) 526-4000

Plan General Information


At the end of 2022, the total retirement plan assets of CISCO SYSTEMS,INC. 401(K) PLAN is $15,513,002,395.This plan was established in 1988.

At the end of 2022, the total number of retirement plan participants in CISCO SYSTEMS,INC. 401(K) PLAN is 64199

In 2022, the average participant retirement account value for CISCO SYSTEMS,INC. 401(K) PLAN is $241,639

In 2022, the estimated average employee contribution amount per participant for CISCO SYSTEMS,INC. 401(K) PLAN is $10,238

In 2022, the estimated average employer match for an employee in CISCO SYSTEMS,INC. 401(K) PLAN is approximately $5,036

In 2022, CISCO SYSTEMS,INC. 401(K) PLAN allocates $323,364,879 to match its employees’ contributions, providing an employer match rate of 50.21% of their contributions

In 2022, the total retirement plan asset growth rate of CISCO SYSTEMS,INC. 401(K) PLAN is -17.03%

In 2022, the estimated aggregate retirement account investment gain/loss for CISCO SYSTEMS,INC. 401(K) PLAN is -18.41%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CISCO SYSTEMS,INC. 401(K) PLAN is 0.05%.

Enrollment Features

CISCO SYSTEMS,INC. 401(K) PLAN has the following features:
    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.