401(k) · DOL Form 5500 · 2022
Palo Alto Networks, Inc. 401(k) Plan
Data updated 2026-08-11
- $678M
- Total assets
- 7,196
- Participants
- 98th
- Percentile by assets
- $94,286
- Avg per participant
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.
- 98th percentile by assets (of 139,126 plans)
- #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.
- $678M
- total plan assets (2022 EOY)
- 7,196
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $94,286
- avg assets per participant
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.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Palo Alto Networks, Inc. 401(k) Plan reports 7,196 participants - 11x that state average ($678M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $720M |
|---|---|
| Net Assets (End of Year) | $678M |
| Net Income | -$41M |
| Employer EIN | 202530195 |
| Plan Effective Date | 2006-03-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Palo Alto Networks, Inc.)
| 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
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
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 (401(k), $1.3B, 8,164 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Palo Alto Networks, Inc. 401(k) Plan by total assets, not by location.
- Rexel USA, Inc. Section 401(k) Savings Plan (TX) $678M · 5,515
- Ansys, Inc. Employees' Retirement Program (PA) $678M · 1,973
- Bank of Hawaii Retirement Savings Plan (HI) $679M · 2,022
- Victoria's Secret & Co. 401(k) Savings and Retirement Plan (OH) $677M · 18,803
Frequently Asked Questions
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Next read for Palo Alto Networks, Inc. 401(k) Plan
Filing takeaways
Ways to act on Palo Alto Networks, Inc. 401(k) Plan's numbers.
- By total assets, Palo Alto Networks, Inc. 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Palo Alto Networks, Inc.'s sponsor-wide assets have grown 92.9% since 2022 across 3 plan years on file. More Professional & Technical Services plans