2023 Form 5500 filing — Palo Alto Networks, Inc. 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240923154128NAL0023877234001) for Palo Alto Networks, Inc. 401(K) Plan, reported by Palo Alto Networks, Inc. under EIN 20-2530195 and plan number 001. It reports 9,701 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240923154128NAL0023877234001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Palo Alto Networks, Inc.
- EIN
- 20-2530195
- Plan number
- 001
- Location
- Santa Clara, CA
- Participants
- 9,701
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $977,881,078
- Total liabilities (EOY)
- $467
- Net assets (EOY)
- $977,880,611
- Employer contributions
- $7,901,140
- Participant contributions
- $146,697,426
- Total income / additions
- $361,341,065
- Benefits paid
- $61,554,368
- Administrative expenses
- $149,803
- Total expenses
- $61,945,210
- Net increase / (decrease)
- $299,395,855
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $112,105 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $28,802 | $0 |
| Sageview Advisory Group LLC | INVESTMENT ADVISOR | $13,046 | not reported in the loaded dataset |