collapsed, click to expand | When can I enroll in the Plan? |
There is no waiting period. You can enroll in the Plan at any time.
collapsed, click to expand | How do I enroll in the Plan? |
Enroll online at any time, or by calling the Fidelity Retirement Benefits Line at 800-835-5095.
collapsed, click to expand | When is my enrollment effective? |
Your enrollment becomes effective once you elect a deferral percentage, which initiates deduction of your contributions from your paycheck. These salary deductions will generally begin with your next pay period after we receive your enrollment information, or as soon as administratively possible.
collapsed, click to expand | How much can I contribute? |
Through automatic payroll deductions, you may contribute between 0% and 100% of your eligible compensation as pretax, after-tax, and Roth contributions. Sign up online by accessing the “Contribution Amount” section under “Quick Links” on NetBenefits®, or by calling the Fidelity Retirement Benefits Line at 800-835-5095.
In addition, you can automatically increase your retirement savings plan contributions each year through the Annual Increase Program. This program increases your contributions 1% annually, to help to ensure continued progress toward meeting your future goals. You can opt out of the Annual Increase Program at any time online, or by calling the Fidelity Retirement Benefits Line at 800-835-5095.
collapsed, click to expand | What is the Annual Increase Program (AIP)? |
Plan participants will have the option to enroll in the Annual Increase Program – a convenient way to help boost workplace savings contributions on a regular basis to keep on track to meet your retirement goals. Each year, plan participants contributing less than 10% will see their contribution rate increase by 1% until they reach the 10% employee contribution threshold, unless they elect otherwise. If you would prefer to elect an annual increase percentage different from the designated 1%, or if you elect not to participate in the Annual Increase Program, please contact Fidelity at 800-835-5095 or go online to make changes.
collapsed, click to expand | What is the Roth 401(k) contribution option? |
A Roth 401(k) contribution allows you to make after-tax contributions and take any associated earnings completely tax free at retirement - as long as the distribution is a qualified one. A qualified distribution is one that is taken at least five tax years after your first Roth 401(k) contribution and after you have attained age 59½, become disabled or die.
Starting in 2026, if you earn greater than $145,000, any age 50 catch-up contributions must be designated as Roth contributions. If you earn $145,000 or less, you can designate your catch-up contribution to be pretax or Roth.
Find more information online within the "Plan & Learn" drop down and "Learn" section of NetBenefits®.
collapsed, click to expand | What is a Roth In-Plan Conversion? |
Roth In-Plan Conversion options are available in Infoblox 401(k) Plan. This option provides you with the opportunity to convert all, or a portion of your non-Roth assets to Roth assets. The amount eligible for conversion, may include all of a participant’s vested assets, including both eligible contributions and related earnings.
Special tax rules apply to Roth In-Plan Conversion options and are an important consideration in determining whether to do such a conversion. Generally, the taxable amount of a conversion is determined as if the converted assets were distributed to you from the Plan, although the assets will only be transferred to the Roth portion of your account and no amount will actually be paid from the Plan. The taxable amount (determined as if actually distributed to you) is taxable to you in the year of the conversion and should be reported on your income tax return for that year. For more information related to the tax consequence of a conversion, you should consult your tax or financial advisor before undertaking such a conversion. You may contact the Fidelity Retirement Benefits Line at 800-835-5095 to process a Roth In-Plan Conversion.
collapsed, click to expand | How do I make a Roth In-Plan Conversion? |
Call Fidelity at 800-835-5095. Representatives can answer your questions, review available opportunities for conversion, process a Roth In-Plan Conversion, or help you set up automated Roth In-Plan Conversions. Some of the benefits of setting up automated after-tax conversions:
- Simplifies the process by not having to remember to call Fidelity every time you want to convert.
- Limits your future tax consequences.
collapsed, click to expand | What catch-up contribution can I make? |
If you have reached age 50 or will reach 50 during the calendar year January 1 – December 31 and are making the maximum plan or IRS contribution, you may make an additional catch-up contribution each pay period. The maximum annual catch-up contribution is $7,500. Going forward, catch-up contribution limits will be subject to cost-of-living adjustments (COLAs) in $500 increments.
Starting in 2026, if you earn greater than $145,000, any age 50 catch-up contributions must be designated as Roth contributions. If you earn $145,000 or less, you can designate your catch-up contribution to be pretax or Roth.
Starting in 2025, the SECURE 2.0 Act increases the limit for you if you have attained age 60, 61, 62, or 63 in a given calendar year. The limit for 2025 is $11,250.
collapsed, click to expand | What is the IRS contribution limit? |
The IRS contribution limit for 2025 is $23,500.
collapsed, click to expand | Does the Infoblox organization contribute to my account? |
Infoblox helps your retirement savings grow by matching your contributions.
Employees with less than 8 years service will receive a matching contribution of 100% of each pretax and/or Roth 401(k) dollar you contribute on the first 3% of eligible pay that you defer to your Plan.
Employees with more than 8 years service as of 12/31/2019 will receive a matching contribution of 50% of each pretax and/or Roth 401(k) dollar you contribute on the first 8% of eligible pay that you defer to your Plan.
After-tax contributions do not receive a match.
collapsed, click to expand | When am I vested? |
You are immediately 100% vested in your own contributions to Infoblox 401(k) Plan, as well as in any of the employer’s matching contributions and any earnings on them.
collapsed, click to expand | What are my investment options? |
To help you meet your investment goals, the Plan offers you a range of options. You can select a mix of investment options that best suits your goals, time horizon, and risk tolerance. The many investment options available through the Plan include conservative, moderately conservative, and aggressive funds. A complete description of the Plan’s investment options and their performance, as well as planning tools to help you choose an appropriate mix, are available online.
collapsed, click to expand | What if I don’t make an investment election? |
We encourage you to take an active role in the Infoblox 401(k) Plan and choose investment options that best suit your goals, time horizon, and risk tolerance. If you do not select specific investment options in the Plan, your contributions will be invested in the Vanguard Target Retirement Fund with the target retirement date closest to the year you might retire, based on your current age and assuming a retirement age of 65, at the direction of Infoblox.
If no date of birth or an invalid date of birth is on file at Fidelity, your contributions may be invested in the Vanguard Target Retirement Income Fund. More information about the Vanguard Target Retirement Fund options can be found online.
Target Date Funds are an asset mix of stocks, bonds and other investments that automatically becomes more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed.
collapsed, click to expand | What are the single fund solution options in my plan? |
If the idea of getting professional help to manage your investments appeals to you, your plan offers Target Date Funds. With Target Date Funds, the investment mix of stocks and bonds automatically becomes more conservative as the target retirement date approaches. Principal invested is not guaranteed at any time, including at or after the fund’s target date. Choose the fund that represents your anticipated year of retirement.
collapsed, click to expand | Is there a self-directed brokerage option in my plan? |
For those desiring the most investment flexibility and choice, the Plan offers Fidelity BrokerageLink®, a self-directed brokerage account, which provides you with the opportunity to select from thousands of mutual funds and other investment options - beyond those offered in the standard plan lineup. More information about BrokerageLink®, including an overview, the commission schedule, and a fact sheet that outlines the Plan-level restrictions and other settings, is available online at NetBenefits. Click on "Quick Links," then select "BrokerageLink."
collapsed, click to expand | Can I take a loan from my account? |
Although your plan account is intended for the future, you may borrow from your account for any reason.
Learn more about and/or request a loan online, or by calling the Fidelity Retirement Benefits Line at 800-835-5095.
collapsed, click to expand | Can I make withdrawals? |
Withdrawals from the Plan are generally permitted when you reach age 59½, or have a severe financial hardship, as defined by your plan. Withdrawals are also permitted as Required Minimum Distributions (RMD).
Learn more about and/or request a withdrawal online, or by calling the Fidelity Retirement Benefits Line at 800-835-5095.
collapsed, click to expand | Can I move money from another retirement plan into the Infoblox 401(k) Plan? |
You are permitted to roll over eligible pretax, after-tax and Roth contributions from another 401(k) plan, Roth 401(k) plan, 401(a) plan, 403(b) plan, Roth 403(b) plan, a governmental 457(b) retirement plan, or a Roth 457(b) retirement plan account or eligible pretax contributions from another conduit individual retirement accounts (IRAs). A conduit IRA is one that contains only money rolled over from an employer-sponsored retirement plan that has not been mixed with regular IRA contributions.
Additional information can be obtained online, or by calling the Fidelity Retirement Benefits Line at 800-835-5095.
Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets.
collapsed, click to expand | How do I designate my beneficiary? |
Please ensure you have a beneficiary on file. If you have not already selected your beneficiaries, or if you have experienced a life-changing event such as a marriage, divorce, birth of a child, or a death in the family, it’s time to consider your beneficiary designations. Fidelity’s Online Beneficiaries Service, offers a straightforward, convenient process that takes just minutes. To make your elections, click on the “Profile & Settings” icon in the upper right-hand corner, then select “Beneficiaries” and follow the online instructions.
collapsed, click to expand | Where can I find information about exchanges and other plan features? |
Learn about loans, exchanges, and more online. In particular, you can access loan modeling tools that illustrate the potential impact of a loan on the long-term growth of your account. You will also find a withdrawal modeling tool, which shows the amount of federal income taxes and early withdrawal penalties you might pay, along with the amount of earnings you could potentially lose by taking a withdrawal. Additional information can be obtained by calling the Fidelity Retirement Benefits Line at 800-835-5095.