401(k) · DOL Form 5500 · 2024

Palo Alto Networks, Inc. 401(k) Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
8,164
Participants Very large workforce
99th
Percentile by assets National rank
$160,286
Avg per participant Above 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

$1.3B in assets, 8,164 participants

Palo Alto Networks, Inc.'s Palo Alto Networks, Inc. 401(k) Plan reported $1.3B in total assets and 8,164 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #20,012 in Professional & Technical Services (20,173 peers)

Coverage in California

Palo Alto Networks, Inc. 401(k) Plan covers 8,164 participants in California, 13x the typical California plan (state average ~630 per filing). Assets: $1.3B.

#20,012
in Professional & Technical Services (20,173 peers)
+33.8%
assets growth YoY
13×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$1,308,576,118 Top 1% higher than 99% of 123,620 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 2024

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

Plan-year 2024 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 (8,164 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Palo Alto Networks, Inc. 401(k) Plan end-of-year assets rose from $978M in the plan year 2023 filing to $1.3B in the plan year 2024 filing.
  • Palo Alto Networks, Inc. 401(k) Plan reported net income rose from $299M in the plan year 2023 filing to $331M in the plan year 2024 filing.
  • Palo Alto Networks, Inc. 401(k) Plan reported participants fell from 8,249 in the plan year 2023 filing to 8,164 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 202530195 · Palo Alto Networks, Inc. PY 2024 · 401(k)

Palo Alto Networks, Inc. 401(k) Plan · $1.3B · 8,164 · 99th

  • TYPE $1.3B
  • TYPE 8,164
  • TYPE 99th
  • TYPE 401(k)
  • TYPE near Rentokil Initial USA 401(k) Plan
  • TYPE ind #20012

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

Palo Alto Networks, Inc. 401(k) PlanPalo Alto Networks, Inc. 401…$1.3BRentokil Initial USA 401(k) PlanRentokil Initial USA 401(k) …$1.3BGpi Savings Plan$1.3BAshland Employee Savings Plan$1.3BLeonardo Drs, Inc. 401(k) PlanLeonardo Drs, Inc. 401(k) Pl…$1.3B
End-of-year total assets ($B) among Palo Alto Networks, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$978M
Net Assets (End of Year)$1.3B
Net Income$331M
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. 050000100000150000 -200204060 Total assets ($B) Participants Palo Alto Networks, Inc. 401(k) Plan, Total assets ($B): 1.308576118 · Participants: 8164Palo Alto Networks, Inc. 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) 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 $1.3B in end-of-year assets across 8,164 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $160,286 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2024 was $331M.

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 Open filing
2023 8,249 $978M Open filing
2024 · index core 8,164 $1.3B This page

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 Rentokil Initial USA 401(k) Plan in PA ($1.3B); by covered participants it is Signature Healthcare at Home 401(k) Plan in OR (8,165 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (8,164 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Palo Alto Networks, Inc. 401(k) Plan surged - up 33.8% during 2024, from $978M to $1.3B. Reported net income was $331M.
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 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
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 Rentokil Initial USA 401(k) Plan in PA ($1.3B, 10,037 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 Signature Healthcare at Home 401(k) Plan in OR (8,165 participants, $14M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.