Cigna 401(k) match, vesting and fees
What Cigna's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Ann Ins Co of America | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 19 defined-contribution plans in finance and insurance with 50,000 or more participants.
| Cigna: employer contribution per participant | $3,384 | |
| Peer median | $3,368 |
| Cigna: average balance | $160,346 | |
| Peer median | $160,346 |
| Cigna: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.05% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $12.9B at the end of plan year 2023 to $14.1B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 91,385 | $14.1B | $298M | $3,384 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 88,684 | $12.9B | $292M | $3,298 | 0.02% | Not published | Form 5500 ↗ |
Other Cigna plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Cigna Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Cigna Group | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Cigna Pension Plan for Certain Former Employees
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Cigna match 401(k) contributions?
The match terms for the The Cigna Group 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $298M in employer contributions, about $3,384 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Cigna 401(k) match vested?
The vesting schedule for the The Cigna Group 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Cigna 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Ann Ins Co of America. The plan administrator is Diane Lastinec.
I left Cigna. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Diane Lastinec, (215) 761-8772) or the recordkeeper, Empower Ann Ins Co of America. The Cigna old 401(k) page lists the contacts from every plan filing. Find an old Cigna 401(k)
Data from the public Form 5500 annual reports Cigna filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Cigna. Not financial advice. Report a correction · Methodology