Plan Snapshot
- Plan Sponsor: Palo Alto Networks, INC.
- Sponsor EIN: 202530195
- Sponsor Address: 3000 TANNERY WAY, SANTA CLARA, CA, 95054
- Plan Type: DC
- Total Participants: 8,804
- Total Assets: $1.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 8,804 | $1.3B | $8.4M | $163.7M |
| 2023 | 8,164 | $977.9M | $7.9M | $146.7M |
| 2022 | 8,249 | $678.5M | $7.5M | $127.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $202,093 | — | $202,093 |
| SAGEVIEW ADVISORY GROUP LLC | INVESTMENT ADVISOR | $26,802 | — | $26,802 |
| WEAVER & TIDWELL, L.L.P. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- SAGEVIEW ADVISORY GROUP LLC — INVESTMENT ADVISOR
- WEAVER & TIDWELL, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $228,895
- Estimated Expense Ratio: 0.017% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $137,182 | $228,895 | $1,200 | — | — |
| 2023 | $149,803 | $125,151 | $2,100 | — | — |
| 2022 | -$30,643 | $53,883 | — | — | — |