Retirement
At Infoblox, we're committed to supporting your financial wellness now, so you can feel secure about your future. As part of our commitment, we offer a 401(k) through Vanguard. You are eligible to participate as soon as your date of hire, and that includes a 100% vested employer match. You must actively enroll in your 401(k) to receive your employer-match.
Election updates may take 1-3 pay cycles to process. Changes made after December 1st may not process in time for the last paycheck of the calendar year.
Effective January 1, 2022, Infoblox’s employer match formula will be as follows:
- 100% of every $1.00 you contribute, up to 3% of eligible earnings
For more information and to learn how to enroll, review the resources below:
- Infoblox 401k PPT Make the Most of Your 401k
- Infoblox SPD 401k
- Infoblox SPD 401k – Summary of Material Modifications
- Vanguard Flyer Why You Should Enroll
- Vanguard Guide 401k Enrollment
- 401k After Tax Information
- Vanguard Investor Questionnaire
- Notices 401k 2022
- 2023 Fee Disclosure
- 2023 Annual Plan Legal Notice
Key Features
- You can enroll in the plan and make changes to your contributions at any time.
- Vanguard has different investment options for you to choose from, along with tools and resources to help you meet your investment goals.
For additional details, to enroll, or to change your contribution amount or investment elections, visit Vanguard.
Contributions
YOU
- You may contribute up to $23,500 in 2025.
- If you are age 50 or older, you may contribute up to an additional $7,500 in “catch-up” contributions.
- Contributions can be made pre-tax or Roth after-tax.
COMPANY
- 100% of every $1.00 you contribute, up to 3% of eligible earnings
- Employees with 8 or more years of service as of 12/31/2019 will receive 50% of every $1.00 contributed, up to 8% of eligible earnings.
- To receive your employer-match, you must Actively Enroll in your 401(k).
Pre-tax vs. after-tax contributions
- Infoblox will only contribute the match based on your pre-tax and Roth elections.
- Pre-tax contributions lower your taxable income today. You don’t pay taxes on this money or its earnings until you withdraw funds.
- Roth and After-tax contributions don’t lower your taxable income today. But since you’ve already paid taxes on this money, the contributions and, in most cases, the earnings won’t be taxed when you withdraw funds later.
- After-tax allows you to boost your retirement savings by making post-tax contributions above the annual pre-tax and Roth contribution limits. Your after-tax savings can then be converted to Roth, allowing you to accumulate tax-free investment earnings until the money is withdrawn.
Vesting
Vesting refers to your ownership of the money in your account.
- You are 100% vested in the company match on your date of hire. You are always 100% vested for your own contributions to the plan.
Investing
You can choose how to invest your account balance from a variety of investment options to meet your individual investment goals.
You can change your investment options for:
- Money currently in your account.
- Future contributions you make and matching contributions.
- Money you rollover from another account.