Netflix 401 (K) Plan
Netflix 401 (K) Plan
Netflix 401 (K) Plan
1210-0110
1210-0089
This form is required to be filed for employee benefit plans under sections 104
Department of the Treasury
and 4065 of the Employee Retirement Income Security Act of 1974 (ERISA) and
sections 6057(b) and 6058(a) of the Internal Revenue Code (the Code).
Internal Revenue Service
2018
Department of Labor Complete all entries in accordance with
Employee Benefits Security
Administration the instructions to the Form 5500.
Pension Benefit Guaranty Corporation This Form is Open to Public
Inspection
Part I Annual Report Identification Information
For calendar plan year 2018 or fiscal plan year beginning 01/01/2018 and ending 12/31/2018
A This return/report is for: X a multiemployer plan X a multiple-employer plan (Filers checking this box must attach a list of
participating employer information in accordance with the form instructions.)
X
X a single-employer plan X a DFE (specify) _C_
B This return/report is: X the first return/report X the final return/report
X an amended return/report X a short plan year return/report (less than 12 months)
C If the plan is a collectively-bargained plan, check here. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X
D Check box if filing under: X
X Form 5558 X automatic extension X the DFVC program
X special extension (enter description) ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
Part II Basic Plan Information—enter all requested information
1a Name of plan 1b Three-digit plan
001
001
ABCDEFGHI
NETFLIX 401(K)ABCDEFGHI
PLAN ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI number (PN)
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI 1c Effective date of plan
YYYY-MM-DD
04/07/1998
2a Plan sponsor’s name (employer, if for a single-employer plan) 2b Employer Identification
Mailing address (include room, apt., suite no. and street, or P.O. Box) Number (EIN)
City or town, state or province, country, and ZIP or foreign postal code (if foreign, see instructions) 012345678
77-0467272
ABCDEFGHI
NETFLIX, INC. ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI 2c Plan Sponsor’s telephone
D/B/A ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI number
ABCDEFGHI 0123456789
408-540-3700
c/oWINCHESTER
100 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
CIRCLE 2d Business code (see
LOS GATOS, CA 95032
123456789 ABCDEFGHI ABCDEFGHI ABCDE instructions)
123456789 ABCDEFGHI ABCDEFGHI ABCDE 012345
519100
CITYEFGHI ABCDEFGHI AB, ST 012345678901
UK
Caution: A penalty for the late or incomplete filing of this return/report will be assessed unless reasonable cause is established.
Under penalties of perjury and other penalties set forth in the instructions, I declare that I have examined this return/report, including accompanying schedules,
statements and attachments, as well as the electronic version of this return/report, and to the best of my knowledge and belief, it is true, correct, and complete.
a(1) Total number of active participants at the beginning of the plan year ..........................................................................................
6a(1) 4262
a(2) Total number of active participants at the end of the plan year ..................................................................................................
6a(2) 5444
e Deceased participants whose beneficiaries are receiving or are entitled to receive benefits. ...........................................................
6e 123456789012
0
g Number of participants with account balances as of the end of the plan year (only defined contribution plans
6g
complete this item) ........................................................................................................................................................................ 123456789012
5498
h Number of participants who terminated employment during the plan year with accrued benefits that were
6h
less than 100% vested .................................................................................................................................................................... 123456789012
0
7 Enter the total number of employers obligated to contribute to the plan (only multiemployer plans complete this item) .................... 7
8a If the plan provides pension benefits, enter the applicable pension feature codes from the List of Plan Characteristics Codes in the instructions:
2F 2G 2J 2K 2R 2T 3D
b If the plan provides welfare benefits, enter the applicable welfare feature codes from the List of Plan Characteristics Codes in the instructions:
9a Plan funding arrangement (check all that apply) 9b Plan benefit arrangement (check all that apply)
(1) X Insurance (1) X Insurance
(2) X Code section 412(e)(3) insurance contracts (2) X Code section 412(e)(3) insurance contracts
(3) X
X Trust (3) X
X Trust
(4) X General assets of the sponsor (4) X General assets of the sponsor
10 Check all applicable boxes in 10a and 10b to indicate which schedules are attached, and, where indicated, enter the number attached. (See instructions)
a Pension Schedules b General Schedules
(1) X
X R (Retirement Plan Information) (1) X
X H (Financial Information)
(2) X I (Financial Information – Small Plan)
(2) X MB (Multiemployer Defined Benefit Plan and Certain Money
Purchase Plan Actuarial Information) - signed by the plan (3) X ___ A (Insurance Information)
actuary (4) X
X C (Service Provider Information)
Part III Form M-1 Compliance Information (to be completed by welfare benefit plans)
11a If the plan provides welfare benefits, was the plan subject to the Form M-1 filing requirements during the plan year? (See instructions and 29 CFR
2520.101-2.) ........................………..…. X Yes X No
11b Is the plan currently in compliance with the Form M-1 filing requirements? (See instructions and 29 CFR 2520.101-2.) ……..... X Yes X No
11c Enter the Receipt Confirmation Code for the 2018 Form M-1 annual report. If the plan was not required to file the 2018 Form M-1 annual report, enter the
Receipt Confirmation Code for the most recent Form M-1 that was required to be filed under the Form M-1 filing requirements. (Failure to enter a valid
Receipt Confirmation Code will subject the Form 5500 filing to rejection as incomplete.)
(Form 5500)
Department of the Treasury This schedule is required to be filed under section 104 of the Employee 2018
Internal Revenue Service Retirement Income Security Act of 1974 (ERISA).
Department of Labor
Employee Benefits Security Administration File as an attachment to Form 5500. This Form is Open to Public
Pension Benefit Guaranty Corporation Inspection.
For calendar plan year 2018 or fiscal plan year beginning 01/01/2018 and ending 12/31/2018
A Name of plan B Three-digit
ABCDEFGHI
NETFLIX 401(K) PLAN plan number (PN) 001
001
C Plan sponsor’s name as shown on line 2a of Form 5500 D Employer Identification Number (EIN)
ABCDEFGHI
NETFLIX, INC. 012345678
77-0467272
You must complete this Part, in accordance with the instructions, to report the information required for each person who received, directly or indirectly, $5,000
or more in total compensation (i.e., money or anything else of monetary value) in connection with services rendered to the plan or the person's position with the
plan during the plan year. If a person received only eligible indirect compensation for which the plan received the required disclosures, you are required to
answer line 1 but are not required to include that person when completing the remainder of this Part.
b If you answered line 1a “Yes,” enter the name and EIN or address of each person providing the required disclosures for the service providers who
received only eligible indirect compensation. Complete as many entries as needed (see instructions).
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL
04-2647786
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
For Paperwork Reduction Act Notice, see the Instructions for Form 5500. Schedule C (Form 5500) 2018
v.180523
Schedule C (Form 5500) 2018 Page 2- 1
1 x
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
Schedule C (Form 5500) 2018 Page 3 - 11 x
2. Information on Other Service Providers Receiving Direct or Indirect Compensation. Except for those persons for whom you
answered “Yes” to line 1a above, complete as many entries as needed to list each person receiving, directly or indirectly, $5,000 or more in total compensation
(i.e., money or anything else of value) in connection with services rendered to the plan or their position with the plan during the plan year. (See instructions).
04-2647786
37 60 64 65 ABCDEFGHI
RECORDKEEPER 123456789012
27603 123456789012345 0
71
ABCDEFGHI 345 Yes X
X No X Yes X
X No X Yes X
X No X
ABCD
ABCDEFGHI 123456789012
ABCDEFGHI 345 Yes X No X Yes X No X Yes X No X
ABCD
Schedule C (Form 5500) 2018 Page 3 - 12 x
2. Information on Other Service Providers Receiving Direct or Indirect Compensation. Except for those persons for whom you
answered “Yes” to line 1a above, complete as many entries as needed to list each person receiving, directly or indirectly, $5,000 or more in total compensation
(i.e., money or anything else of value) in connection with services rendered to the plan or their position with the plan during the plan year. (See instructions).
ABCDEFGHI 123456789012
ABCDEFGHI 345 Yes X No X Yes X No X Yes X No X
ABCD
Schedule C (Form 5500) 2018 Page 4 - 11 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
ABF LG CAP VAL INST - BOSTON FINAN P.O. BOX 8480 0.04%
BOSTON, MA 02266
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
ABF SM CAP VAL INST - BOSTON FINAN P.O. BOX 8480 0.04%
BOSTON, MA 02266
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
EV ATL CAP SMID-CP I - BNY MELLON P.O. BOX 9793 0.15%
PROVIDENCE, RI 02940
Schedule C (Form 5500) 2018 Page 4 - 12 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
MAINSTAY LG CAP GR I - NYLIM SERVI 0.15%
52-2206685
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
VICTORY S ESTB VAL I - FIS INVESTO 4249 EASTON WAY, SUITE 400 0.10%
COLUMBUS, OH 43219
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
CALAMOS MARKET NEUTRAL INCOME CL I 2020 CALAMOS COURT 0.15%
NAPERVILLE, IL 60563
Schedule C (Form 5500) 2018 Page 4 - 13 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
ICON HEALTHCARE CL S 5299 DTC BLVD. SUITE 1200 0.40%
GREENWOOD VILLAGE, CO 80111
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
OPPENHEIMER SENIOR FLOATING RATE C 6801 SOUTH TUCSON WAY $16.50
ENGLEWOOD, CO 80112
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
AMANA MUTUAL FUND TRUST GROWTH 1300 NORTH STATE STREET 0.40%
BELLINGHAM, WA 98225
Schedule C (Form 5500) 2018 Page 4 - 14 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
ARIEL INTERNATIONAL FUND INVESTOR 811 E. WISCONSIN AVENUE. MK WI J8NF 0.40%
MILWAUKEE, WI 53202
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
MATTHEWS CHINA DIV FUND INVESTOR C 4 EMBARCADERO CENTER SUITE 550 0.40%
SAN FRANCISCO, CA 94111
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
MATTHEWS ASIA DIVIDEND INST'L 4 EMBARCADERO CENTER SUITE 550 0.15%
SAN FRANCISCO, CA 94111
Schedule C (Form 5500) 2018 Page 4 - 15 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
RYDEX ELECTRONICS INV CLASS 9601 BLACKWELL RD. STE. 500 0.40%
ROCKVILLE, MD 20850
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
DOUBLELINE TOTAL RETURN BOND FD CL 777 EAST WISCONSIN AVENUE 0.06%
MILWAUKEE, WI 53202
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
HARBOR CAP APP INV 111 S. WACKER DR 34TH FLOOR 0.35%
CHICAGO, IL 60606
Schedule C (Form 5500) 2018 Page 4 - 16 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
GABELLI GOLD FUND CLAAA 401 THEODORE FREMD. AVE. 0.40%
RYE, NY 10580
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
OPPENHEIMER SENIOR FLOATING RATE C 6801 SOUTH TUCSON WAY $16.50
ENGLEWOOD, CO 80112
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
USAA SCIENCE & TECHNOLOGY ADVISER 9800 FREDERICKSBURG RD. 0.40%
SAN ANTONIO, TX 78288
Schedule C (Form 5500) 2018 Page 4 - 17 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
JANUS HENDERSON SMALL CAP VALUE T 151 DETROIT ST. 0.35%
DENVER, CO 80206
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
HCM DIVIDEND SECTOR PLUS FUND INVE 1145 HEMBREE ROAD 0.40%
ROSWELL, GA 30076
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
RISKPRO PFG BALANCED 20 30 CL R 777 108TH AVE NE STE 2100 0.40%
BELLEVUE, WA 98004
Schedule C (Form 5500) 2018 Page 4 - 18 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
RISKPRO DYNAMIC 15 25 FUND CL R 777 108TH AVE NE STE 2100 0.40%
BELLEVUE, WA 98004
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
COHEN & STEERS REAL ESTATE SECURIT 280 PARK AVENUE 10TH FLOOR 0.08%
NEW YORK, NY 10017
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
DOUBLELINE CORE FIXED INCOME CL I 777 EAST WISCONSIN AVENUE 0.06%
MILWAUKEE, WI 53202
Schedule C (Form 5500) 2018 Page 4 - 19 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
DOUBLELINE SHILLER ENHANCED CAP CL 777 EAST WISCONSIN AVENUE 0.40%
MILWAUKEE, WI 53202
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
JOHN HANCOCK REGIONAL BANK CL A 601 CONGRESS ST. 9TH FL. 0.40%
BOSTON, MA 02210
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
MORGAN STANLEY INTL ADVANTAGE CL A 522 FIFTH AVENUE 4TH FLOOR 0.40%
NEW YORK, NY 10036
Schedule C (Form 5500) 2018 Page 4 - 110 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
RISKPRO AGGRESSIVE 30 FUND CL R 777 108TH AVE NE STE 2100 0.40%
BELLEVUE, WA 98004
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
RISKPRO PFG EQUITY 30 FUND CL R 777 108TH AVE NE STE 2100 0.40%
BELLEVUE, WA 98004
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
RISKPRO DYNAMIC 20 30 FUND CL R 777 108TH AVE NE STE 2100 0.40%
BELLEVUE, WA 98004
Schedule C (Form 5500) 2018 Page 4 - 111 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
HCM TACTICAL GROWTH FUND INVESTOR 1145 HEMBREE ROAD 0.40%
ROSWELL, GA 30076
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
RISKPRO PFG GLOBAL 30 FD CL R 777 108TH AVE NE STE 2100 0.40%
BELLEVUE, WA 98004
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
PARNASSUS ENDEAVOR FUND ONE MARKET STREET STEUART TOWER SUI 0.40%
SAN FRANCISCO, CA 94105
Schedule C (Form 5500) 2018 Page 4 - 112 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
PIMCO INCOME FUND CL A 1633 BROADWAY 0.40%
NEW YORK, NY 10019
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
T ROWE PRICE GLOBAL TECHNOLOGY 4515 PAINTERS MILL RD 0.15%
OWINGS MILLS, MD 21117
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
T ROWE PRICE BLUE CHIP GROWTH INC 4515 PAINTERS MILL RD 0.15%
OWINGS MILLS, MD 21117
Schedule C (Form 5500) 2018 Page 4 - 113 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
SEAFARER OVERSEAS GROWTH & INC INS 1290 BROADWAY SUITE 1100 0.10%
DENVER, CO 80203
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
AMERICAN GROWTH FUNDOF AMERICA CLA 3500 WISEMAN BLVD 0.37%
SAN ANTONIO, TX 78251-4321
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
RISKPRO PFG AGGRESSIVE 30 FD R 777 108TH AVE NE STE 2100 0.40%
BELLEVUE, WA 98004
Schedule C (Form 5500) 2018 Page 4 - 114 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
RISKPRO PFG 30 FUND CL R 777 108TH AVE NE STE 2100 0.40%
BELLEVUE, WA 98004
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
OPPENHEIMER GLOBAL OPPORTUNITIES C 6801 SOUTH TUCSON WAY $16.50
ENGLEWOOD, CO 80112
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
FIDELITY INVESTMENTS INSTITUTIONAL 60 0
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
OAKMARK INTL INVESTOR CL 111 SOUTH WACKER DR. 0.35%
CHICAGO, IL 60606
Schedule C (Form 5500) 2018 Page 4 - 115 x
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
RYDEX CONSUMER PRODUCTS INVESTOR 9601 BLACKWELL RD. STE. 500 0.40%
C ROCKVILLE, MD 20850
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
(a) Enter service provider name as it appears on line 2 (b) Service Codes (c) Enter amount of indirect
(see instructions) compensation
(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any
formula used to determine the service provider’s eligibility
for or the amount of the indirect compensation.
Schedule C (Form 5500) 2018 Page 5 - 11 x
(a) Enter name and EIN or address of service provider (see (b) Nature of (c) Describe the information that the service provider failed or refused to
instructions) Service provide
Code(s)
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD 10 11 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD 12 13 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
1234567890 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
(a) Enter name and EIN or address of service provider (see (b) Nature of (c) Describe the information that the service provider failed or refused to
instructions) Service provide
Code(s)
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD 10 11 12 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD 13 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
1234567890 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
(a) Enter name and EIN or address of service provider (see (b) Nature of (c) Describe the information that the service provider failed or refused to
instructions) Service provide
Code(s)
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD 10 11 12 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD 13 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
1234567890 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
(a) Enter name and EIN or address of service provider (see (b) Nature of (c) Describe the information that the service provider failed or refused to
instructions) Service provide
Code(s)
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD 10 11 12 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD 13 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
1234567890 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
(a) Enter name and EIN or address of service provider (see (b) Nature of (c) Describe the information that the service provider failed or refused to
instructions) Service provide
Code(s)
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
1234567890 ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDE
Schedule C (Form 5500) 2018 Page 6 - 11 x
Part III Termination Information on Accountants and Enrolled Actuaries (see instructions)
(complete as many entries as needed)
a Name: ABCDEFGHI
PERKINS & CO. ABCDEFGHI
ABCDEFGHI ABCD b EIN: 123456789
93-0928924
c ABCDEFGHI ABCDEFGHI
Position: ACCOUNTANT ABCD
d Address: 1211ABCDEFGHI
SW FIFTH AVE,ABCDEFGHI ABCDEFGHI ABCD
SUITE 1000 e Telephone: 1234567890
503-221-0336
ABCDEFGHI
PORTLAND, OR 97204ABCDEFGHI
ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
Explanation: THE ABCDEFGHI ABCDEFGHI
NETFLIX BENEFITS TEAM WASABCDEFGHI ABCDEFGHI
MADE AWARE BY ABCDEFGHI
THE PRIOR AUDITOR ABCDEFGHI
(PERKINS & CO.) THATABCDEFGHI
PERKINS & COABCDEFGHI
DETERMINED A
ABCDEFGHI
CONFLICT ABCDEFGHI
OF INTEREST ABCDEFGHI
DURING AN ABCDEFGHI
INTERNAL AUDIT ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
OF THEIR PRACTICES.
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI
a Name: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD b EIN: 123456789
c Position: ABCDEFGHI ABCDEFGHI ABCD
d Address: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD e Telephone: 1234567890
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
Explanation: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI
a Name: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD b EIN: 123456789
c Position: ABCDEFGHI ABCDEFGHI ABCD
d Address: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD e Telephone: 1234567890
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
Explanation: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI
a Name: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD b EIN: 123456789
c Position: ABCDEFGHI ABCDEFGHI ABCD
d Address: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD e Telephone: 1234567890
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
Explanation: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI
a Name: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD b EIN: 123456789
c Position: ABCDEFGHI ABCDEFGHI ABCD
d Address: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD e Telephone: 1234567890
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
Explanation: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI
SCHEDULE D DFE/Participating Plan Information OMB No. 1210-0110
(Form 5500)
Department of the Treasury This schedule is required to be filed under section 104 of the Employee
Internal Revenue Service Retirement Income Security Act of 1974 (ERISA). 2018
Department of Labor File as an attachment to Form 5500.
Employee Benefits Security Administration
This Form is Open to Public
Inspection.
For calendar plan year 2018 or fiscal plan year beginning 01/01/2018 and ending 12/31/2018
A Name of plan B Three-digit
ABCDEFGHI
NETFLIX 401(K)ABCDEFGHI
PLAN ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI plan number (PN) 001 001
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI
C Plan or DFE sponsor’s name as shown on line 2a of Form 5500 D Employer Identification Number (EIN)
ABCDEFGHI
NETFLIX, INC. ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI 012345678
77-0467272
ABCDEFGHI
Part I Information on interests in MTIAs, CCTs, PSAs, and 103-12 IEs (to be completed by plans and DFEs)
(Complete as many entries as needed to report all interests in DFEs)
a Name of MTIA, CCT, PSA, or 103-12 IE: MIP CL 1ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI
FIDELITY MANAGEMENT ABCDEFGHI
TRUST COMPANY ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123
04-3022712-024
d Entity C e Dollar value of interest in MTIA, CCT, PSA, or 1672493
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
For Paperwork Reduction Act Notice, see the Instructions for Form 5500. Schedule D (Form 5500) 2018
v.171027
Schedule D (Form 5500) 2018 Page 2 - 11 x
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
a Name of MTIA, CCT, PSA, or 103-12 IE: ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCD
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
b Name of sponsor of entity listed in (a):
ABCDEFGHI
c EIN-PN 123456789-123 d Entity e Dollar value of interest in MTIA, CCT, PSA, or
code 1 103-12 IE at end of year (see instructions) -123456789012345
Schedule D (Form 5500) 2018 Page 3 - 11 x
6
For Paperwork Reduction Act Notice, see the Instructions for Form 5500. Schedule H (Form 5500) 2018
v.171027
Schedule H (Form 5500) 2018 Page 2
(3) Total contributions. Add lines 2a(1)(A), (B), (C), and line 2a(2) ................. 2a(3) -123456789012345
117503011
b Earnings on investments:
(1) Interest:
(A) Interest-bearing cash (including money market accounts and
certificates of deposit) .......................................................................
2b(1)(A) -123456789012345
153094
(G) Total interest. Add lines 2b(1)(A) through (F) .................................... 2b(1)(G) -123456789012345
272144
(C) Registered investment company shares (e.g. mutual funds) ............. 2b(2)(C) 17496915
(D) Total dividends. Add lines 2b(2)(A), (B), and (C) 2b(2)(D) -123456789012345
17570680
(4) Net gain (loss) on sale of assets: (A) Aggregate proceeds....................... 2b(4)(A) -123456789012345
6940697
(C) Subtract line 2b(4)(B) from line 2b(4)(A) and enter result ................. 2b(4)(C) -123456789012345
282605
(5) Unrealized appreciation (depreciation) of assets: (A) Real estate........................ 2b(5)(A) -123456789012345
0
b Did the accountant perform a limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)? X
X Yes X No
c Enter the name and EIN of the accountant (or accounting firm) below:
ABCDEFGHI
(1) Name: ARMANINO LLP ABCDEFGHI ABCDEFGHI ABCD (2) EIN: 123456789
94-6214841
d The opinion of an independent qualified public accountant is not attached because:
(1) X This form is filed for a CCT, PSA, or MTIA. (2) X It will be attached to the next Form 5500 pursuant to 29 CFR 2520.104-50.
5a Has a resolution to terminate the plan been adopted during the plan year or any prior plan year?........ X Yes X No
If “Yes,” enter the amount of any plan assets that reverted to the employer this year ____________________________________.
5b If, during this plan year, any assets or liabilities were transferred from this plan to another plan(s), identify the plan(s) to which assets or liabilities were
transferred. (See instructions.)
5b(1) Name of plan(s) 5b(2) EIN(s) 5b(3) PN(s)
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI
123456789 123
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI
123456789 123
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI
123456789 123
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI
123456789 123
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI
ABCDEFGHI ABCDEFGHI
5c If the plan is a defined benefit plan, is it covered under the PBGC insurance program (See ERISA section 4021.)? ...... X Yes X No X Not determined
If “Yes” is checked, enter the My PAA confirmation number from the PBGC premium filing for this plan year________________________. (See instructions.)
OMB No. 1210-0110
SCHEDULE R Retirement Plan Information
(Form 5500)
This schedule is required to be filed under sections 104 and 4065 of the 2018
Department of the Treasury
Internal Revenue Service Employee Retirement Income Security Act of 1974 (ERISA) and section
Department of Labor
6058(a) of the Internal Revenue Code (the Code).
Employee Benefits Security Administration This Form is Open to Public
File as an attachment to Form 5500. Inspection.
Pension Benefit Guaranty Corporation
For calendar plan year 2018 or fiscal plan year beginning 01/01/2018 and ending 12/31/2018
A Name of plan B Three-digit
ABCDEFGHI
NETFLIX 401(K)ABCDEFGHI
PLAN ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI plan number
ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI (PN) 001 001
ABCDEFGHI ABCDEFGHI
C Plan sponsor’s name as shown on line 2a of Form 5500 D Employer Identification Number (EIN)
ABCDEFGHI
NETFLIX, INC. ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI ABCDEFGHI 012345678
77-0467272
ABCDEFGHI
Part I Distributions
All references to distributions relate only to payments of benefits during the plan year.
1 Total value of distributions paid in property other than in cash or the forms of property specified in the 1
-123456789012345
instructions ..................................................................................................................................................................................................
2 Enter the EIN(s) of payor(s) who paid benefits on behalf of the plan to participants or beneficiaries during the year (if more than two, enter EINs of the two
payors who paid the greatest dollar amounts of benefits):
EIN(s): 04-6568107
_______________________________ _______________________________
Profit-sharing plans, ESOPs, and stock bonus plans, skip line 3.
3 Number of participants (living or deceased) whose benefits were distributed in a single sum, during the plan 3
year ............................................................................................................................................................................................................. 12345678
Part II Funding Information (If the plan is not subject to the minimum funding requirements of section 412 of the Internal Revenue Code or
ERISA section 302, skip this Part.)
4 X Yes X No
Is the plan administrator making an election under Code section 412(d)(2) or ERISA section 302(d)(2)? ..................................................................... X N/A
If the plan is a defined benefit plan, go to line 8.
5 If a waiver of the minimum funding standard for a prior year is being amortized in this
plan year, see instructions and enter the date of the ruling letter granting the waiver. Date: Month _________ Day _________ Year _________
If you completed line 5, complete lines 3, 9, and 10 of Schedule MB and do not complete the remainder of this schedule.
6 a Enter the minimum required contribution for this plan year (include any prior year accumulated funding
6a -123456789012345
deficiency not waived) ...........................................................................................................................................................................
-123456789012345
b Enter the amount contributed by the employer to the plan for this plan year ...........................................................................................
6b
c Subtract the amount in line 6b from the amount in line 6a. Enter the result
6c -123456789012345
(enter a minus sign to the left of a negative amount) ..............................................................................................................................
If you completed line 6c, skip lines 8 and 9.
X Yes X No
7 Will the minimum funding amount reported on line 6c be met by the funding deadline? ................................................................................. X N/A
8 If a change in actuarial cost method was made for this plan year pursuant to a revenue procedure or other
authority providing automatic approval for the change or a class ruling letter, does the plan sponsor or plan
X Yes X No
administrator agree with the change? .......................................................................................................................................................... X N/A
12 Does the ESOP hold any stock that is not readily tradable on an established securities market? ....................................................... X Yes X No
For Paperwork Reduction Act Notice, see the Instructions for Form 5500. Schedule R (Form 5500) 2018
v. 171027
Schedule R (Form 5500) 2018 Page 2 - 1-
1 x
14 Enter the number of participants on whose behalf no contributions were made by an employer as an employer
of the participant for: 123456789012345
14a
a The current year ......................................................................................................................................................
b The plan year immediately preceding the current plan year ..................................................................................... 14b 123456789012345
14c
c The second preceding plan year ............................................................................................................................. 123456789012345
15 Enter the ratio of the number of participants under the plan on whose behalf no employer had an obligation to make an
employer contribution during the current plan year to:
a The corresponding number for the plan year immediately preceding the current plan year ...................................... 15a 123456789012345
15b
b The corresponding number for the second preceding plan year .............................................................................. 123456789012345
16 Information with respect to any employers who withdrew from the plan during the preceding plan year :
16a
a Enter the number of employers who withdrew during the preceding plan year ...................................................... 123456789012345
b If line 16a is greater than 0, enter the aggregate amount of withdrawal liability assessed or estimated to be 16b
assessed against such withdrawn employers .......................................................................................................... 123456789012345
17 If assets and liabilities from another plan have been transferred to or merged with this plan during the plan year, check box and see instructions regarding
supplemental information to be included as an attachment. ....................................................................................................................... X
Part VI Additional Information for Single-Employer and Multiemployer Defined Benefit Pension Plans
18 If any liabilities to participants or their beneficiaries under the plan as of the end of the plan year consist (in whole or in part) of liabilities to such participants
and beneficiaries under two or more pension plans as of immediately before such plan year, check box and see instructions regarding supplemental
information to be included as an attachment ....................................................................................................................................................................... X
19 If the total number of participants is 1,000 or more, complete lines (a) through (c)
a Enter the percentage of plan assets held as:
Stock: _____% Investment-Grade Debt: _____% High-Yield Debt: _____% Real Estate: _____% Other: _____%
b Provide the average duration of the combined investment-grade and high-yield debt:
X 0-3 years X 3-6 years X 6-9 years X 9-12 years X 12-15 years X 15-18 years X 18-21 years X 21 years or more
c What duration measure was used to calculate line 19(b)?
X Effective duration X Macaulay duration X Modified duration X Other (specify):
Netflix 401(k) Plan
EIN: 77-0467272; Plan: 001
Schedule H, Part IV, Line 4(i) - Schedule of Assets (Held at End of Year)
December 31, 2018
(c)
(b) Description of Investment Including (e)
Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current
(a) Lessor or Similar Party Collateral, Par or Maturity Value Cost Value
* Notes receivable from participants Interest Rates From 3.25% to 5.25% 3,329,238
$ 427,904,832
14
Netflix 401(k) Plan
Financial Statements
and Supplemental Schedule
December 31, 2018 and 2017
and For the Year Ended December 31, 2018
TABLE OF CONTENTS
Page No.
Supplemental Schedule
Schedule H, Part IV, Line 4(i) - Schedule of Assets (Held at End of Year) 14
INDEPENDENT AUDITOR'S REPORT
We were engaged to audit the accompanying financial statements of Netflix 401(k) Plan (the ''Plan''),
which comprise the statement of net assets available for benefits as of December 31, 2018, and the related
statement of changes in net assets available for benefits for the year then ended, and the related notes to
the financial statements.
Management is responsible for the preparation and fair presentation of the financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes
the design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
Auditor's Responsibility
Our responsibility is to express an opinion on the 2018 financial statements based on conducting the
audits in accordance with auditing standards generally accepted in the United States of America. Because
of the matter described in the Basis for Disclaimer of Opinion paragraph, however, we were not able to
obtain sufficient appropriate audit evidence to provide a basis for an audit opinion.
As permitted by 29 CFR 2520.103-8 of the Department of Labor's Rules and Regulations for Reporting
and Disclosure under the Employee Retirement Income Security Act of 1974, the Plan administrator
instructed us not to perform, and we did not perform, any audit procedures with respect to the 2018
information summarized in Note 3, which was certified by Fidelity Management Trust Company
("Fidelity"), the trustee of the Plan, except for comparing the information with the related information
included in the 2018 financial statements. We have been informed by the Plan administrator that the
trustee holds the Plan's investment assets and executes investment transactions. The Plan administrator
has obtained a certification from the trustee as of December 31, 2018, and for the year then ended, that the
information provided to the Plan administrator by the trustee is complete and accurate.
Disclaimer of Opinion
Because of the significance of the matter described in the Basis for Disclaimer of Opinion paragraph, we
have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion
on the 2018 financial statements. Accordingly, we do not express an opinion on the 2018 financial
statements.
1
Other Matter - Supplemental Schedule
The supplemental schedule of assets (held at end of year) ("supplemental schedule") as of December 31,
2018, is required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under
the Employee Retirement Income Security Act of 1974 and is presented for the purpose of additional
analysis and is not a required part of the financial statements. Because of the significance of the matter
described in the Basis for Disclaimer of Opinion paragraph, we do not express an opinion on the
supplemental schedule.
The financial statement of the Plan as of December 31, 2017, was audited by a predecessor auditor. As
permitted by 29 CFR 2520.103-8 of the Department of Labor's Rules and Regulations for Reporting and
Disclosure under Employee Retirement Income Security Act of 1974, the Plan administrator instructed
the predecessor auditor not to perform, and they did not perform, any auditing procedures with respect to
the information certified by Fidelity, the trustee of the Plan. Their report, dated August 1, 2018, indicated
that (a) because of the significance of the information that they did not audit, they were unable to obtain
sufficient appropriate audit evidence to provide a basis for an audit opinion and accordingly, they did not
express an opinion on the financial statements and (b) the form and content of the information included in
the financial statements other than that derived from the information certified by the trustee, were
presented in compliance with the Department of Labor's Rules and Regulations for Reporting and
Disclosure under the Employee Retirement Income Security Act of 1974.
Report on Form and Content in Compliance with DOL Rules and Regulations
The form and content of the information included in the 2018 financial statements and supplemental
schedule, other than that derived from the information certified by the trustee, have been audited by us in
accordance with auditing standards generally accepted in the United States of America and, in our
opinion, are presented in compliance with the Department of Labor's Rules and Regulations for Reporting
and Disclosure under the Employee Retirement Income Security Act of 1974.
Armanino LLP
ArmaninoLLP
San Jose, California
October 10, 2019
2
Netflix 401(k) Plan
Statements of Net Assets Available for Benefits
December 31, 2018 and 2017
2018 2017
ASSETS
The following description of Netflix 401(k) Plan (the "Plan") provides only general information.
Participants should refer to the plan document for a more complete description of the Plan's
provisions.
General
The Plan is a defined contribution savings plan sponsored by Netflix, Inc. (the "Company"). The
Plan was established in 1998. The Plan is designed to comply with Department of Labor ("DOL")
Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income
Security Act of 1974 ("ERISA") and Internal Revenue Code ("IRC").
Plan administration
The Company has designated the Netflix 401(k) Committee (the "Committee") as the
administrator of the Plan and, as such, the Committee carries out the duties imposed by ERISA.
The Company has contracted with Fidelity Management Trust Company ("Fidelity") to act as the
trustee and an affiliate of Fidelity to perform the Plan's record-keeping services.
Eligibility
With the exception of nonresident aliens, leased employees, employees covered by a collective
bargaining agreement, and individuals classified as either consultants, agency workers, or
reclassified employees, as defined in the plan document, all employees of the Company are
eligible to begin participating in the Plan after one month of service or 30 days, depending on
their division within the Company, as defined in the plan document.
Participant contributions
Participants are allowed to contribute up to 80% of their eligible pre-tax or after-tax (as Roth
contributions) compensation, as defined in the plan document, up to the annual contribution limit
allowed in the IRC. Participants are also allowed to make rollover contributions to the Plan from
other qualified retirement plans.
Participants direct the investment of contributions to their respective accounts into the investment
options offered by the Plan.
Company contributions
The Company is allowed to make non-discretionary matching contributions and safe harbor
matching contributions to the Plan. Allocation criteria for contributions include Company
division and varies for highly compensated employees ("HCEs") or non-highly compensated
employees ("NHCEs"), as defined in the IRC.
5
Netflix 401(k) Plan
Notes to Financial Statements
December 31, 2018 and 2017
Safe harbor matching contributions equal 100% of the first 4% of eligible compensation and are
allocated to participants as follows:
DVD, Streaming, Netflix Global LLC and Netflix International B.V. NHCEs with eleven
months of service or more; and
NetflixCS employees (HCEs and NHCEs).
Participant accounts
Each participant's account is credited with the participant's contributions and allocations of any
Company contributions and Plan earnings. Accounts are charged with an allocation of investment
losses, if any, and administrative expenses, if not paid by the Company. Allocations are based on
participant earnings or account balances, as defined in the plan document. The benefit to which a
participant is entitled is the benefit that can be provided from the participant's vested account
balance.
Vesting
Participants are immediately 100% vested in both their contributions, Company contributions,
and actual earnings thereon.
Participants may borrow from their accounts a minimum of $1,000 up to a maximum equal to the
lesser of $50,000 or 50% of their account balance. Notes receivable from participants (participant
loans) must be repaid within five years, unless the loan is for the purchase of a principal
residence, in which case the repayment term may exceed five years. Participant loans are secured
by the remaining balance in the participant's account and bear interest at a rate commensurate
with local prevailing rates at the time the loan is made. As of December 31, 2018, outstanding
participant loans bear interest rates ranging from 3.25% to 5.25%. Principal and interest are paid
ratably through payroll deductions.
6
Netflix 401(k) Plan
Notes to Financial Statements
December 31, 2018 and 2017
Payment of benefits
Distributions and withdrawals are payable upon retirement, termination, financial hardship,
disability or death. If a terminated participant's account balance is equal to or less than $1,000,
the balance is distributed immediately in a lump-sum cash payment. Unless otherwise elected, if
a terminated participant's account balance is greater than $1,000 and less than $5,000, their
balance shall be automatically rolled over into an individual retirement account designated by the
Plan Administrator. If the terminated participant's account balance is greater than $5,000, the
participant (or beneficiary) may consent to either a distribution paid in the form of a lump-sum
cash payment, a direct rollover into another qualified plan, or postpone payment to a later date
and remain in the Plan as described in the plan document.
Administrative expenses
Certain administrative expenses of the Plan, including record-keeping and audit fees, were paid
directly by the Company for the year ended December 31, 2018. Transaction-based fees are
associated with optional services offered under the Plan and are charged directly to participant
accounts for particular Plan features that may be available, such as self-directed brokerage
accounts or a participant loan.
The financial statements of the Plan are prepared on the accrual basis of accounting in conformity
with accounting principles generally accepted in the United States of America ("U.S. GAAP").
Use of estimates
The preparation of financial statements in conformity with U.S. GAAP requires management to
make estimates and assumptions that affect the reported amounts of assets and liabilities and the
change therein, and disclosure of contingent assets and liabilities. Actual results could differ
from those estimates.
The Plan's investments are reported at fair value which is certified by Fidelity.
Fair value is the price that would be received to sell an asset or paid to transfer a liability in an
ordinary transaction between market participants at the measurement date. See Note 4 for
discussion of fair value measurements.
7
Netflix 401(k) Plan
Notes to Financial Statements
December 31, 2018 and 2017
Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on
the accrual basis. Dividends are recorded on the ex-dividend date. Net depreciation includes the
Plan's gains and losses on investments bought and sold as well as held during the year.
Notes receivable from participants are recorded at their unpaid principal balance plus any accrued
but unpaid interest. Interest income on participant loans is recorded on an accrual basis. No
allowance for credit losses has been recorded as of December 31, 2018 and 2017.
Payment of benefits
The Plan invests in various investment securities. Investment securities are exposed to various
risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain
investment securities, it is at least reasonably possible that changes in the values of investment
securities will occur in the near term and that such changes could materially affect participants'
account balances and the amounts reported in the statement of net assets available for benefit.
The Plan administrator has elected the method of compliance permitted by 29 CFR 2520.103-8 of
the Department of Labor's Rules and Regulations for Reporting and Disclosure under ERISA.
Fidelity, the trustee of the Plan, has certified to the completeness and accuracy of:
Investments and notes receivable from participants reflected on the accompanying Statements
of Net Assets Available for Benefit as of December 31, 2018 and 2017.
Net depreciation in fair value of investments, dividends, and interest, and interest income on
notes receivable from participants reflected on the accompanying Statement of Changes in Net
Assets Available for Benefit for the year ended December 31, 2018.
Investments reflected on the Schedule of Assets (Held at End of Year).
Accordingly, as requested by the Plan administrator, the Plan's auditors performed no procedures
on the certified information other than to agree the certified information to the related information
included in the financial statements and supplemental schedule.
8
Netflix 401(k) Plan
Notes to Financial Statements
December 31, 2018 and 2017
The framework for measuring fair value provides a hierarchy that prioritizes the inputs to
valuation techniques used to measure fair value. The hierarchy gives the highest priority to
unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the
lowest priority to unobservable inputs (Level 3).
The three levels of the fair value hierarchy are described as follows:
Level 1 - inputs to the valuation methodology are unadjusted quoted prices for identical assets
or liabilities the plan has the ability to access.
Level 2 - inputs to the valuation methodology include quoted prices for similar assets or
liabilities in active markets; quoted prices for identical or similar assets or liabilities in
inactive markets; inputs other than quoted prices that are observable for the asset or liability;
and inputs that are derived principally from or corroborated by observable market data by
correlation or other means. If the asset or liability has a specified (contractual) term, the Level
2 input must be observable for substantially the full term of the asset or liability.
Level 3 - inputs to the valuation methodology are unobservable and significant to the fair
value measurement.
The asset or liability's fair value measurement level within the fair value hierarchy is based on the
lowest level of any input that is significant to the fair value measurement. Valuation techniques
maximize the use of relevant observable inputs and minimize the use of unobservable inputs.
Following is a description of the valuation methodologies used for assets measured at fair value
on a recurring basis. There have been no changes in the methodologies used at December 31,
2018 and 2017.
Mutual funds and money market fund: Valued at the daily closing price as reported on an open
exchange. Such funds held by the Plan are open-end funds that are registered with the Securities
and Exchange Commission. These funds are required to publish their daily net asset value
("NAV") and to transact at that price. The mutual and money market funds held by the Plan are
deemed to be actively traded.
Self-directed brokerage accounts: Accounts primarily consisting of mutual and money market
funds, common stock and cash valued daily using readily determinable market prices.
Common/collective trust fund (CCT): Valued at NAV as a practical expedient to fair value based
on the value reported by the issuer. The NAV as a practical expedient is based on the fair value
of the underlying assets owned by the CCT, minus its liabilities, and then divided by the number
of units outstanding. The CCT held by the Plan has a daily redemption frequency, a redemption
notice period of 12 months, and no unfunded commitments.
9
Netflix 401(k) Plan
Notes to Financial Statements
December 31, 2018 and 2017
The preceding methods described may produce a fair value calculation that may not be indicative
of net realizable value or reflective of future values. Furthermore, although the Plan believes its
valuation methods are appropriate and consistent with other market participants, the use of
different methodologies or assumptions to determine the fair value of certain financial
instruments could result in a different fair value measurement at the reporting date.
The following table sets forth by level, within the fair value hierarchy, the Plan's assets at fair
value as of December 31, 2018:
$422,903,101 $ - $ - 422,903,101
$424,575,594
The following table sets forth by level, within the fair value hierarchy, the Plan's assets at fair
value as of December 31, 2017:
$363,505,977 $ - $ - 363,505,977
$363,514,761
10
Netflix 401(k) Plan
Notes to Financial Statements
December 31, 2018 and 2017
The Plan has adopted the Fidelity Volume Submitter Defined Contribution Plan. The Internal
Revenue Service has informed Fidelity by a letter dated March 31, 2014, that its volume
submitter plan is designed in accordance with applicable sections of the IRC. Although the Plan
has been subsequently amended, the Company believes the Plan is currently designed and has
been operated in compliance with the applicable requirements of the IRC. Therefore, no provision
for income taxes has been included in the Plan's financial statements.
6. PLAN TERMINATION
Although it has not expressed any intent to do so, the Company has the right under the Plan to
discontinue its contributions at any time and to terminate the Plan subject to the provisions of
ERISA.
7. PARTY-IN-INTEREST TRANSACTIONS
Parties-in-interest are defined by ERISA as any fiduciary of the Plan, any party rendering services
to the Plan, the Company, and certain others. As such, transactions conducted by Fidelity, the
trustee, and its affiliates, including fee offset agreements, qualify as party-in-interest transactions.
Also, the Company pays certain fees and expenses on behalf of the Plan. These transactions
qualify as party-in-interest transactions.
Fidelity retains as compensation for services provided to the Plan, any interest (or "float") on
amounts earned, while certain transactions are pending. This applies to both contributions and
distributions. Earnings are at institutional money market rates.
The following is a reconciliation of net assets available for benefits per the financial statements to
Form 5500 at December 31, 2018 and 2017:
2018 2017
Net assets available for benefits per the financial statements $ 427,904,832 $ 366,350,784
Add: Pending trades in the self-directed brokerage accounts - 184
Net assets available for benefits per Form 5500 $ 427,904,832 $ 366,350,968
11
Netflix 401(k) Plan
Notes to Financial Statements
December 31, 2018 and 2017
The following is a reconciliation of net depreciation in fair value of investments per the financial
statements to Form 5500 for the year ended December 31, 2018:
Net depreciation in fair value of investments per the financial statements $ (31,060,661)
Less: Pending trades in the self-directed brokerage accounts as of December
31, 2017 (184)
9. SUBSEQUENT EVENT
The Plan has evaluated subsequent events through October 10, 2019, the date the financial
statements were available to be issued. Effective January 1, 2019, the Plan was amended to
increase the Company non-discretionary matching contribution from 3% to 3.50%, as defined in
the plan document. The Company has also updated its fee structure with Fidelity and has
executed a revenue sharing agreement.
12
SUPPLEMENTAL SCHEDULE
Netflix 401(k) Plan
EIN: 77-0467272; Plan: 001
Schedule H, Part IV, Line 4(i) - Schedule of Assets (Held at End of Year)
December 31, 2018
(c)
(b) Description of Investment Including (e)
Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current
(a) Lessor or Similar Party Collateral, Par or Maturity Value Cost Value
* Notes receivable from participants Interest Rates From 3.25% to 5.25% 3,329,238
$ 427,904,832
14