Infoblox, Inc. 401(k) Review & Grade
Infoblox 401(k) Retirement Plan
Santa Clara, CAProfessional, Scientific & Technical Services710 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,693Employer $ per active participant
$22,533Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$170.5MNet plan assets, end of year
$167,803Average balance per account
Score breakdown
- Employer generosity41.3 / 5083th percentile for employer $ per participant
- Low cost16.2 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving14.9 / 15100th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 65th |
| Employee saving | 100th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Infoblox put in about $6,693 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,755,044 |
| Participant (employee) contributions | $16,009,706 |
| Other contributions (incl. rollovers in) | $2,488,721 |
| Administrative expenses paid from the plan | $218,614 |
| Other admin expenses | $218,614 |
| Benefits paid out | $14,481,270 |
| Net assets, start / end of year | $138.4M / $170.5M |
| Active participants, start / end of year | 672 / 749 |
| Participants with account balances | 1,016 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Silicon Valley Accountancy |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $94,985 reported compensation |
| Vanguard Advisers Inc. | $56,728 reported compensation |
| Newfront Retirement Services Inc | $45,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014120126NAL0005814770001, received 2025-10-14, EIN 20-0062867, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.