Palo Alto Networks 401(k) match, vesting and fees

Plan year 2025 filingPalo Alto Networks, Inc. 401(k) Plan · Plan 001 · EIN 20-2530195Updated Oct 2026

What Palo Alto Networks' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $9.1M in employer contributions, about $863 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$159,897
Average account balance
11,586
Participants (end of year)
$1.7B
Plan assets (end of year)
0.02%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorWeaver & Tidwell, L.L.P. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 26 defined-contribution plans in professional, scientific, and technical services with 10,000 to 49,999 participants.

Palo Alto Networks: employer contribution per participant$863
Peer median$2,298
Palo Alto Networks: average balance$159,897
Peer median$161,446
Palo Alto Networks: admin expenses ÷ assets0.02%
Peer median0.04%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $720M at the end of plan year 2021 to $1.7B at the end of plan year 2025.

$720M2021$678M2022$978M2023$1.3B2024$1.7B2025
End-of-year figures from each plan year's Form 5500 filing for the Palo Alto Networks plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
202511,586$1.7B$9.1M$8630.02%Not publishedForm 5500 ↗
202410,918$1.3B$8.4M$8470.01%Not publishedForm 5500 ↗
20239,956$978M$7.9M$8810.02%Not publishedForm 5500 ↗
20229,701$678M$7.5M$887—Not publishedForm 5500 ↗
20218,298$720M$6.6M$912<0.01%Not publishedForm 5500 ↗

Common questions

Does Palo Alto Networks match 401(k) contributions?

The match terms for the Palo Alto Networks, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $9.1M in employer contributions, about $863 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Palo Alto Networks 401(k) match vested?

The vesting schedule for the Palo Alto Networks, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Palo Alto Networks 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Palo Alto Networks, Inc..

I left Palo Alto Networks. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Palo Alto Networks, Inc., (408) 753-4000) or the recordkeeper, Fidelity Investments Institutional. The Palo Alto Networks old 401(k) page lists the contacts from every plan filing. Find an old Palo Alto Networks 401(k)

Data from the public Form 5500 annual reports Palo Alto Networks filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Palo Alto Networks. Not financial advice. Report a correction · Methodology