401(k) · DOL Form 5500 · 2023
Twilio Inc. 401(k) Plan
Data updated 2026-08-11
- $505M
- Total assets
- 4,684
- Participants
- 97th
- Percentile by assets
- $107,914
- Avg per participant
Official DOL plan name: Twilio 401(k) Plan · Sponsored by Twilio Inc. · California · Information & Media
$505M in assets, 4,684 participants
Twilio Inc.'s Twilio 401(k) Plan reported $505M in total assets and 4,684 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 97th percentile by assets (of 127,072 plans)
- #2,689 in Information & Media (2,818 peers)
Coverage in California
Twilio 401(k) Plan covers 4,684 participants in California, 7.4x the typical California plan (state average ~630 per filing). Assets: $505M.
- $505M
- total plan assets (2023 EOY)
- 4,684
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $107,914
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Twilio 401(k) Plan reported net income rose from $18M in the plan year 2022 filing to $125M in the plan year 2023 filing.
- Twilio 401(k) Plan end-of-year assets rose from $380M in the plan year 2022 filing to $505M in the plan year 2023 filing.
- Twilio 401(k) Plan reported participants rose from 4,674 in the plan year 2022 filing to 4,684 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Twilio 401(k) Plan reports 4,684 participants - 7.4x that state average ($505M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $380M |
|---|---|
| Net Assets (End of Year) | $505M |
| Net Income | $125M |
| Employer EIN | 262574840 |
| Plan Effective Date | 2011-08-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Twilio Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,674 | $380M |
| 2023 | 1 | 4,684 | $505M |
| 2024 | 1 | 3,492 | $629M |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Twilio 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
- Wells Fargo & Company 401(k) Plan $51.8B · 193,919
- Google LLC 401(k) Savings Plan $39.0B · 122,867
- Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
- Intel 401(k) Savings Plan $22.2B · 59,863
- Apple 401(k) Plan $19.8B · 106,111
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Twilio 401(k) Plan by total assets, not by location.
- Woodforest Financial Group, Inc. Employee Stock Ownership Plan (TX) $505M · 3,476
- Cargill Investment Plan (MN) $505M · 10,739
- Ovintiv U.S. Retirement Plan (CO) $506M · 1,008
- Fulton Financial Corporation 401(k) Retirement Plan (PA) $505M · 3,362
Frequently Asked Questions
How did Twilio 401(k) Plan assets move in 2023? ▼
How have Twilio Inc. plan assets changed over time? ▼
Where does Twilio 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Twilio 401(k) Plan? ▼
Next read for Twilio 401(k) Plan
Filing takeaways
Ways to act on Twilio 401(k) Plan's numbers.
- By total assets, Twilio 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Twilio Inc.'s sponsor-wide assets have grown 65.4% since 2022 across 3 plan years on file. More Information & Media plans