CAMBIUM NETWORKS, INC. 401(K) PLAN

Plan Contact

  • Address: 2000 CENTER DRIVE,,HOFFMAN ESTATES,IL
  • Contact person: CARLY AGUIRRE
  • Phone: (847) 264-2175

Plan General Information

CAMBIUM NETWORKS, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CAMBIUM NETWORKS, INC. 401(K) PLAN is $44,339,304.00.This plan was established in 2011.

CAMBIUM NETWORKS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CAMBIUM NETWORKS, INC. 401(K) PLAN is 281

CAMBIUM NETWORKS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CAMBIUM NETWORKS, INC. 401(K) PLAN is $157,791.00

CAMBIUM NETWORKS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CAMBIUM NETWORKS, INC. 401(K) PLAN is $12,554.00.

CAMBIUM NETWORKS, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CAMBIUM NETWORKS, INC. 401(K) PLAN is approximately $5,077.00
Investing in this additonal $5,077.00 for 20 years would give you extra $324,972.00, assuming a 10% annual return.

CAMBIUM NETWORKS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, CAMBIUM NETWORKS, INC. 401(K) PLAN allocates $1,426,833.00 to match its employees' contributions, providing an employer match rate of 41.71% of their contributions

CAMBIUM NETWORKS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CAMBIUM NETWORKS, INC. 401(K) PLAN is 21.92%.

CAMBIUM NETWORKS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CAMBIUM NETWORKS, INC. 401(K) PLAN is 18.17%. This measures the effectiveness of the plan participants' investments in the year.

CAMBIUM NETWORKS, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of CAMBIUM NETWORKS, INC. 401(K) PLAN is 0.17%.

Enrollment Features

CAMBIUM NETWORKS, 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.

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