How big is Cerebras Systems Inc.'s plan?

Cerebras Systems Inc.'s plan reported $32.5M in assets and 269 participants for 2024.

Original filing (PDF)20251011080704NAL0008859169001

Cerebras Systems Inc.

Name: Cerebras Systems Inc. — Cerebras Systems Inc. 401(k), Form 5500 (2024)
Creator: Cerebras Systems Inc.
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Cerebras Systems Inc. 401(k) Plan

401(k) retirement plan · Cerebras Systems Inc.'s Cerebras Systems Inc. 401(k) Plan held $32.5M in plan assets for 269 participants in 2024, with Fidelity as recordkeeper.

Signals · 3

Late participant contributionsCorrective distributions issuedSelf-directed brokerage offered

Active participants

269

Accounts w/ balance

347

Plan assets (EOY)

$32.5M

Net assets (EOY)

$32.5M

People on this filing

Justin Ramirez signed Cerebras Systems Inc.'s 2024 Form 5500 as plan administrator.

Justin Ramirez — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Cerebras Systems Inc.'s EIN is 81-2256092.

EIN 81-2256092

Plan number 001

Plan year 2024

ACK ID 20251011080704NAL0008859169001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Cerebras Systems Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Cerebras Systems Inc.'s plan includes ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA), automatic enrollment, a self-directed brokerage window, profit-sharing.

Decision-maker contacts

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How this plan invests

This plan

24 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

100

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 305K (6% of contributions).
Corrective distributions issued (likely failed ADP/ACP testing).
Bottom-decile employer contributions per participant (3rd percentile).

Helping the score

Below-peer total plan cost (99th percentile).

Plan sponsor

Name

CEREBRAS SYSTEMS INC

EIN

all filings

Address

1237 E ARQUES AVE · SUNNYVALE, CA · 94085

Phone

(650) 933-4980

Industry

Professional & Technical Services

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-11

Pension benefit codes

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

2S · Automatic enrollment

3D · Pre-approved plan (master / prototype / VS)

2R · Participant-directed brokerage (SDBA)

Service providers (Schedule C)

1 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	-$2K	—

Investments

24 direct securities· $32.5M(100% of reported assets)

Mutual Funds

$16.6M

13 holdings

Common Collective Trusts

$14.9M

8 holdings

Self-Directed Brokerage

$515K

1 holding

Cash / Money Market

$395K

1 holding

Bonds / Notes

$128K

1 holding

					% of plan
Fidelity 500 Index Fund Mutual Fund	Common Collective Trusts	—	—	$6.7M	20.5%
Fidelity Total Market Index Fund Mutual Fund	Common Collective Trusts	—	—	$3.9M	11.8%
Fidelity Freedom Index 2040 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$3.2M	10.0%
Fidelity Freedom Index 2035 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$3.2M	9.7%
Fidelity Freedom Index 2030 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$2.2M	6.7%
Fidelity Freedom Index 2045 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$2.1M	6.4%
Fidelity Freedom Index 2060 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$1.8M	5.4%
Fidelity Freedom Index 2050 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$1.4M	4.4%
Fidelity Freedom Index 2055 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$1.3M	4.1%
Fidelity U.S. Sustainability Index Fund Mutual Fund	Common Collective Trusts	—	—	$1.3M	3.9%
Fidelity International Index Fund Mutual Fund	Common Collective Trusts	—	—	$933K	2.9%
Fidelity U.S. Bond Index Fund Mutual Fund	Common Collective Trusts	—	—	$764K	2.4%
Fidelity Small Cap Index Fund Mutual Fund	Common Collective Trusts	—	—	$713K	2.2%
Fidelity Freedom Index 2025 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$674K	2.1%
Fidelity Freedom Index 2065 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$541K	1.7%
Brokerage Link Participant-Directed Brokerage Accounts	Self-Directed Brokerage	—	—	$515K	1.6%
Fidelity Mid Cap Index Fund Mutual Fund	Common Collective Trusts	—	—	$454K	1.4%
Gabelli U.S. Treasury Money Market Fund Mutual Fund	Cash / Money Market	—	—	$395K	1.2%
Fidelity Inflation Protected Bond Index Fund Mutual Fund	Common Collective Trusts	—	—	$201K	0.6%
Fidelity Freedom Index 2020 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$194K	0.6%
Participant Loans to participants, bearing interest from 4.25% to 9.50%	Bonds / Notes	—	—	$128K	0.4%
Fidelity Freedom Index Income Fund Investor Class Mutual Fund	Mutual Funds	—	—	$20K	<0.1%
Fidelity Freedom Index 2015 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$4K	<0.1%
Fidelity Freedom Index 2010 Fund Investor Class Mutual Fund	Mutual Funds	—	—	$4K	<0.1%