What you need to know

Whether you envision your golden years filled with world travel or home renovations, your future can be even brighter with the help of Splunk’s retirement savings plan. Our 401(k) plan is customizable—you can contribute 1%–90% of your eligible earnings—and Splunk even matches your contributions. With a little saving and planning now, you’ll be able to devote your post-work years to mastering the best activity of all: doing whatever you want!

Plan highlights

You know what they say: The early bird catches the insta-worthy retirement. Okay, maybe they don’t say that. But the fact remains that the earlier you start planning for your post-work years, the more enjoyable those years are likely to be. And if you’re looking for a trusty retirement tool, you can’t do much better than our 401(k) retirement plan.

Meet your match

If someone offered you 50 cents for every dollar you invested, you’d probably take them up on it. Well, that’s exactly what Splunk does with your 401(k). We match 50% of your pretax and/or Roth 401(k) contributions, on the first 6% of your eligible salary contributed to the plan. Here’s how it looks IRL. Let’s say you make $100K a year and you contribute 10% of your earnings to your 401(k). You’d get $3,000 of free money from Splunk every year. All without lifting a finger.

Key features

  • Contribute via convenient pretax or after-tax (Roth) payroll deductions, up to the IRS limit each year ($20,500 for 2022).
  • Age 50 or older? Save even more by making an additional catch-up contribution of up to $6,500. If you make a catch-up contribution election, contributions will start only after you have reached the $20,500 limit during the year.
  • Save on a pretax, Roth 401(k), and after-tax basis, with the added ease of automated in-plan Roth conversions.
  • Change or stop your contributions at any time.
  • Take a DIY approach to investing your 401(k), or let the plan choose for you (with model portfolios).

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Enroll now

After your first paycheck, visit 401k.com or call 800-835-5095 to enroll in the 401(k) plan and set your contributions. Your contributions will take 1 to 2 pay periods to show up in your paycheck. Keep in mind: If you don’t select a contribution rate within your first 35 days, you’ll be automatically enrolled at a 6% contribution rate—so you can take full advantage of the company match.

You can change your contributions and investment elections at any time.

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Three ways to save

Get ready to exercise your options. When it comes to building retirement savings, when and how you pay taxes on your 401(k) contributions matters. Choose from pretax, Roth and/or after-tax contributions, depending on your personal finances. And don’t forget—Splunk will match 50% of the first 6% of your eligible salary that you contribute to your 401(k) as pretax and/or Roth 401(k) contributions.

All told, with the maximum match from Splunk, you could sock away up to $61,000 in 2022 ($67,500 if you’re over 50).

Pretax

Roth

After-tax

5 tips for retirement saving

  1. Participate in the 401(k) plan.
  2. Don’t leave free money on the table. Contribute at least 6% to take full advantage of the company match.
  3. Reward your future self. When you get a raise or a bonus, stash some of it in your 401(k) by increasing your contribution percentage.
  4. Don’t set it and forget it. Keep tabs on your investment portfolio, and make adjustments as needed.
  5. It’s okay to ask for help. That’s what Fidelity is there for.

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Making the most of your money

There’s a lot at stake when it comes to your financial future. And finances aren’t part of everyone’s wheelhouse. For retirement education and investment counseling, Splunkers can turn to SageView Advisory Group. Their experts can help you set retirement goals and offer savings and investment strategies to help you meet them.

Prefer to fly solo? Check out Fidelity’s planning tools, calculators and educational resources. Just register on Fidelity’s website, log in, and select Learn from the menu.

Investment options

The investments you select to fuel your financial future are completely up to you. You can choose from a variety of funds, including our model portolios. We also offer Fidelity BrokerageLink® for those who want access to additional mutual funds and ETFs.

The DIY approach. Set up your contributions using the available Plan investment options or set up a BrokerageLink account with Fidelity.

Not sure where to invest? Consider the model portfolios. Choose one that’s named for a year closest to when you expect to retire. The model portolio’s mix of stocks, bonds and other investments are designed to optimize returns; the mix becomes more conservative as you get closer to turning in your badge.

The personal touch. Tap the expertise of a Fidelity financial advisor. Connect through a Fidelity Investor Center, or call 800-835-5095 Monday–Friday, 5:30 AM to 5:00 PM PT.

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