Retirement plan

INFOBLOX 401(K) RETIREMENT PLAN

Name: INFOBLOX, INC. - INFOBLOX 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: INFOBLOX, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INFOBLOX 401(K) RETIREMENT PLAN, INFOBLOX, INC.

INFOBLOX, INC.EIN 20-0062867Plan #001PY 2020

3111 CORONADO DRIVE - SANTA CLARA, CA 95054408-986-5484infoblox.comLinkedIn1001-5000 employeescomputer & network security

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$89.9M

+36.1% from 2019

Total participants

767

+14.3% from 2019

Average account balance

$121,425

+20.5% from 2019

Annual return

22.39%

-9.12 pp from 2019

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$170.49M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$168K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,016

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+18.61%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$215

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.6+ years Service code 15 · EIN 23-1945930	Recordkeeping	$125,871
SILICON VALLEY ACCOUNTANCY CORP2 years Filed as: SILICON VALLEY ACCOUNTANCY CORP. Service code 16 · EIN 77-0573994	Consulting	$19,750

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$147K

$252 / participant

Other / not subdivided$147K100.0%

% of EOY assets

0.163%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SILICON VALLEY ACCOUNTANCY
Auditor EIN: 770573994
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,425

$100,801+20.5%

$149,745-18.9%

$73,412+65.4%

Participation rate

95.4%

77.7%+17.7pp

82.5%+12.9pp

72.2%+23.2pp

Annual return

22.39%

265.34%-242.9pp

276.72%-254.3pp

59.30%-36.9pp

Employer contribution / active EE

$5,206

$3,312+57.2%

$4,646+12.1%

$2,234+133.1%

Participant deferral / active EE

$17,793

$6,404+177.8%

$6,843+160.0%

$3,806+367.5%

Admin fee / account holder

$198

$181+9.6%

$9,312-97.9%

$158+25.5%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.6+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$125,871

SILICON VALLEY ACCOUNTANCY CORP2 years

Filed as: SILICON VALLEY ACCOUNTANCY CORP.

Service code 16 · EIN 77-0573994

Consulting

$19,750

INFOBLOX 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INFOBLOX 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion