Palo Alto Networks, Inc. 401(K) Plan — Form 5500 plan (Palo Alto Networks, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Palo Alto Networks, Inc. 401(K) Plan is a benefit plan reported by Palo Alto Networks, Inc. under EIN 20-2530195 and plan number 001. The latest loaded filing year is 2023. The filing reports 9,701 participants and $977,881,078 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Palo Alto Networks, Inc.
- EIN
- 20-2530195
- Plan number
- 001
- Plan type
- 2
- Location
- Santa Clara, CA
- Latest filing year
- 2023
- Participants
- 9,701
- End-of-year plan assets
- $977,881,078
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 9,701 | H, C | 20240923154128NAL0023877234001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $977,881,078
- Total liabilities (EOY)
- $467
- Net assets (EOY)
- $977,880,611
- Net assets (BOY)
- $678,484,756
Income & contributions
- Employer contributions
- $7,901,140
- Participant contributions
- $146,697,426
- Total contributions
- $184,573,794
- Total income / additions
- $361,341,065
Expenses & distributions
- Benefits paid
- $61,554,368
- Administrative expenses
- $149,803
- Total expenses
- $61,945,210
- Net increase / (decrease)
- $299,395,855
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $112,105 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $28,802 | $0 | 2023 |
| Sageview Advisory Group LLC | INVESTMENT ADVISOR | $13,046 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Palo Alto Networks, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Santa Clara, CA
- Strategic Advisors, Inc. — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation
- Sageview Advisory Group LLC — Schedule C compensation