401(k) · DOL Form 5500 · 2022

Palo Alto Networks, Inc. 401(k) Plan

Data updated 2026-08-25

$678M
Total assets Above avg plan size
7,196
Participants Above avg headcount
98th
Percentile by assets National rank
$94,286
Avg per participant Below avg balance/head
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Official DOL plan name: Palo Alto Networks, Inc. 401(k) Plan · Sponsored by Palo Alto Networks, Inc. · California · Professional & Technical Services

$678M in assets, 7,196 participants

Palo Alto Networks, Inc.'s Palo Alto Networks, Inc. 401(k) Plan reported $678M in total assets and 7,196 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #21,334 in Professional & Technical Services (21,562 peers)

Coverage in California

Palo Alto Networks, Inc. 401(k) Plan covers 7,196 participants in California, 11x the typical California plan (state average ~630 per filing). Assets: $678M.

#21,334
in Professional & Technical Services (21,562 peers)
-5.7%
assets change YoY
6.8×
vs typical plan assets (national mean)

The plan reported a net loss of $41M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Palo Alto Networks, Inc. 401(k) Plan's outsized position by total assets

Palo Alto Networks, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$678,484,801 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Palo Alto Networks, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Palo Alto Networks, Inc. 401(k) Plan lands in the large band (7,196 participants).

EBSA filing schedule strip

Filing strip 202530195 · Palo Alto Networks, Inc. PY 2022 · 401(k)

Palo Alto Networks, Inc. 401(k) Plan · $678M · 7,196 · 98th

  • PHOTO $678M
  • PHOTO 7,196
  • PHOTO 98th
  • PHOTO 401(k)
  • PHOTO near Rexel USA, Inc. Section 401(k) Savings Plan
  • PHOTO ind #21334

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in California →

Palo Alto Networks, Inc. 401(k) Plan in the asset neighbourhood

Bank of Hawaii Retirement Savings PlanBank of Hawaii Retirement Sa…$679MPalo Alto Networks, Inc. 401(k) PlanPalo Alto Networks, Inc. 401…$678MRexel USA, Inc. Section 401(k) Savings PlanRexel USA, Inc. Section 401(…$678MAnsys, Inc. Employees' Retirement ProgramAnsys, Inc. Employees' Retir…$678MVictoria's Secret & Co. 401(k) Savings and Retirement PlanVictoria's Secret & Co. 401(…$677M
End-of-year total assets ($M) among Palo Alto Networks, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$720M
Net Assets (End of Year)$678M
Net Income-$41M
Employer EIN202530195
Plan Effective Date2006-03-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Palo Alto Networks, Inc.)

Sponsor-wide plan assets over time

All Palo Alto Networks, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.3B 92.86741811626817% vs 2022
2024 filing year
$0.6B$0.8B$1B$1.2B$1.4B 202220232024 $0.68B $1.31B ▲ +92.6%
Year Plans Participants Total Assets
2022 1 7,196 $678M
2023 1 8,249 $978M
2024 1 8,164 $1.3B

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Palo Alto Networks, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -1001020304050 Total assets ($B) Participants Palo Alto Networks, Inc. 401(k) Plan, Total assets ($B): 0.678484801 · Participants: 7196Palo Alto Networks, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Palo Alto Networks, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Palo Alto Networks, Inc. 401(k) Plan side-by-side with 3 peers →

Scale composition for Palo Alto Networks, Inc. 401(k) Plan

Palo Alto Networks, Inc. 401(k) Plan reports $678M in end-of-year assets across 7,196 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $94,286 per participant (68% of the national average assets-per-participant) . Net income for plan year 2022 was -$41M.

This plan identity (EIN 202530195, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $678M to $1.3B (+92.9%) while covered participants moved from 7,196 to 8,164 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,196 $678M This page
2023 8,249 $978M Open filing
2024 · index core 8,164 $1.3B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Palo Alto Networks, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Rexel USA, Inc. Section 401(k) Savings Plan in TX ($678M); by covered participants it is Kyndryl 401(k) Plan in NY (7,184 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($678M here).

Similar participant headcount

Nearest other-state filings by covered participants (7,196 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Palo Alto Networks, Inc. 401(k) Plan assets move in 2022? ▼
Palo Alto Networks, Inc. 401(k) Plan pulled back noticeably - down 5.7% during 2022, from $720M to $678M. Reported net income was -$41M.
How have Palo Alto Networks, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Palo Alto Networks, Inc.'s sponsor-wide assets grew 92.9%, from $678M to $1.3B.
Where does Palo Alto Networks, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Palo Alto Networks, Inc. 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Palo Alto Networks, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rexel USA, Inc. Section 401(k) Savings Plan in TX ($678M, 5,515 participants).
Which 401(k) plans cover a similar participant headcount to Palo Alto Networks, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kyndryl 401(k) Plan in NY (7,184 participants, $358M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 202530195.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.