Citrix Systems, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Citrix Systems, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
CITRIX SYSTEMS, INC. 401(K) PLAN
Plan type
401(k) with employer contributions
Plan sponsor
CITRIX SYSTEMS, INC.
Participants
6,863 (4,139 active employees)
Former employees with a balance
3,154
Plan assets
$1,118,770,767 at Dec 31, 2021
Average account balance
$164,404 across 6,805 accounts
Employer contributions
$17,358,598 in plan year 2021 (20% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
May 1, 1992
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Jul 29, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $87.6 million went into the plan in contributions, $17.4 million of it from the employer (20%).
  • $82.0 million was paid out to participants.
  • Investment and other income added $166.5 million.
  • Administrative expenses were $85,447, about $13 per account.

How the Citrix Systems, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20167,308$550.1 million$15.8 million$43.7 million
20177,716$634.3 million$14.0 million$94.6 million
20186,546$596.1 million$11.8 million$55.7 million
20196,932$766.2 million$13.4 million$59.4 million
20206,869$946.8 million$13.9 million$68.4 million
20216,863$1.12 billion$17.4 million$82.0 million

Citrix Systems, Inc. 401(k) Contact Information

Phone
954-267-3000
Mailing address
851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Plan sponsor
CITRIX SYSTEMS, INC.
Employer identification number (EIN)
75-2275152
Plan number
001

Questions about the Citrix Systems, Inc. 401(k)

Is the Citrix Systems, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Citrix Systems, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $17.4 million, 20% of all contributions.

Does the Citrix Systems, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Citrix Systems, Inc 401(k) plan?

6,863 participants at the start of plan year 2021, 4,139 of them active employees, and 3,154 former employees who still had money in the plan.

What is the average 401(k) balance at Citrix Systems, Inc?

About $164,404 per account: $1.12 billion in plan assets across 6,805 accounts with a balance at the end of plan year 2021.

Who manages the Citrix Systems, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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