401(k) · DOL Form 5500 · 2024

Palo Alto Networks, Inc. 401(k) Plan

Data updated 2026-07-24

$1.3B
Total assets: 8,164
Participants: 99th
Percentile by assets: $160,286
Avg per participant

Official DOL plan name: Palo Alto Networks, Inc. 401(k) Plan · Sponsored by Palo Alto Networks, Inc. · California · Professional & Technical Services

$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.

99th percentile by assets (of 116,472 plans)

Coverage in California

Palo Alto Networks, Inc. 401(k) Plan covers 8,164 participants in California, 13x the typical California plan (state average ~637 per filing). Assets: $1.3B.

$1.3B
total plan assets (2024 EOY): 8,164
covered participants: 99th
percentile by assets (of 116,472 plans): $160,286
avg assets per participant

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 →

State

California

Industry

Professional & Technical Services

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Palo Alto Networks, Inc. 401(k) Plan reports 8,164 participants - 13x that state average ($1.3B EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$978M
Net Assets (End of Year)	$1.3B
Net Income	$331M
Employer EIN	202530195
Plan Effective Date	2006-03-15
Filing Status	FILING RECEIVED

Sponsor Plan History (Palo Alto Networks, Inc.)

Total plan assets by year, all Palo Alto Networks, Inc. plans on file

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

Google LLC 401(k) Savings Plan $48.7B · 116,712
Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
Intel 401(k) Savings Plan $24.9B · 55,298
Apple 401(k) Plan $24.7B · 101,450
Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452

Compare Palo Alto Networks, Inc. 401(k) Plan side-by-side with 3 peers →

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.

Rentokil Initial USA 401(k) Plan (PA) $1.3B · 10,037
Gpi Savings Plan (GA) $1.3B · 8,521
Ashland Employee Savings Plan (DE) $1.3B · 1,405
Leonardo Drs, Inc. 401(k) Plan (VA) $1.3B · 6,030

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 116,472 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).

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 among the largest 1% of all filed plans. 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

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.