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Sponsor portfolioWelfare / HealthEIN 77-0148231

CADENCE DESIGN SYSTEMS, INC.

2655 SEELY AVENUE, BUILDING 5 · SAN JOSE, CA 95134
4089431234
Plans filed
2
Years active
2015–2025
Industry
NAICS 54
Latest filing
2025
Total premiums (latest)
$14.8M
No prior year
Persons covered
3,771
No prior year
Total participants
3,808
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$14.8M
CADENCE DESIGN SYSTEMS, INC. GROUP HEALTH AND WELFARE BENEFIT PLAN
Mixed3,771 covered·7 carriers
Primary: KAISER FOUNDATION HEALTH PLAN INC.
Plan #502$0
CADENCE DESIGN SYSTEMS SEVERANCE PLAN
Self-funded0 covered·0 carriers

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$7.5M28.5%
Prescription drug$7.5M28.5%
Other$5.9M22.5%
Life$4.1M15.5%
Long-term disability$1.4M5.1%

Carrier overview

7 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
KAISER FOUNDATION HEALTH PLAN INC
EIN 941340523
HRx
$7.4M50.1%121,061
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
EIN 350472300
LLTDOth
$5.4M36.7%123,732
UNUM LIFE INSURANCE COMPANY OF AMERICA
EIN 010278678
Oth
$1.1M7.6%11538
UNITEDHEALTHCARE INSURANCE COMPANY
EIN 942649097
Oth
$422K2.9%113,771
METROPOLITAN LIFE INSURANCE COMPANY
EIN 222342710
Oth
$274K1.9%111,153
UNITED HEALTHCARE INSURANCE COMPANY
EIN 362739571
HRx
$100K0.7%113
ZURICH AMERICAN INSURANCE COMPANY
EIN 364233459
Oth
$30K0.2%113,685

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
WOODRUFF-SAWYER & COSAN FRANCISCO, CAMETROPOLITAN GENERAL INSURANCE COMPANY, LINCOLN NATIONAL LIFE INSURANCE COMPANY, UNUM LIFE INSURANCE COMPANY OF AMERICA$147K$49K$196K62.3%1
LONG TERM CARE SOLUTIONS, INC.REDMOND, WAUNUM LIFE INSURANCE COMPANY OF AMERICA$119K$0$119K37.7%1

History & trajectory

11 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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