401(k) · DOL Form 5500 · 2023

Workday, Inc. 401(k) Plan

Data updated 2026-08-06

$2.0B
Total assets
11,805
Participants
99th
Percentile by assets
$169,579
Avg per participant
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Official DOL plan name: Workday, Inc. 401(k) Plan · Sponsored by Workday, Inc. · California · Professional & Technical Services

$2.0B in assets, 11,805 participants

Workday, Inc.'s Workday, Inc. 401(k) Plan reported $2.0B in total assets and 11,805 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 126,618 plans)
  • #20,188 in Professional & Technical Services (20,271 peers)

Coverage in California

Workday, Inc. 401(k) Plan covers 11,805 participants in California, 19x the typical California plan (state average ~637 per filing). Assets: $2.0B.

$2.0B
total plan assets (2023 EOY)
11,805
covered participants
99th
percentile by assets (of 126,618 plans)
$169,579
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Workday, Inc. 401(k) Plan reported net income rose from -$49M in the plan year 2022 filing to $558M in the plan year 2023 filing.
  • Workday, Inc. 401(k) Plan end-of-year assets rose from $1.4B in the plan year 2022 filing to $2.0B in the plan year 2023 filing.
  • Workday, Inc. 401(k) Plan reported participants rose from 11,219 in the plan year 2022 filing to 11,805 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
California
Industry
Professional & Technical Services

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Workday, Inc. 401(k) Plan reports 11,805 participants - 19x that state average ($2.0B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$2.0B
Net Income$558M
Employer EIN202480422
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Workday, Inc.)

$1B$1.5B$2B$2.5B$3B 202220232024 $1.44B $2.61B ▲ +81.3%
Total plan assets by year, all Workday, Inc. plans on file
Year Plans Participants Total Assets
2022 1 11,219 $1.4B
2023 1 11,805 $2.0B
2024 1 12,114 $2.6B

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Workday, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Workday, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 -200204060 Total assets ($B) Participants Workday, Inc. 401(k)…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Workday, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Workday, Inc. 401(k) Plan side-by-side with 3 peers →

Scale composition for Workday, Inc. 401(k) Plan

Workday, Inc. 401(k) Plan reports $2.0B in end-of-year assets across 11,805 participants (0.017% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.013% of 89,805,449 covered participants) - about $169,579 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $558M.

This plan identity (EIN 202480422, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $2.6B (+80.9%) while covered participants moved from 11,219 to 12,114 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,219 $1.4B Open filing
2023 11,805 $2.0B This page
2024 · index core 12,114 $2.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Workday, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Workday, Inc. 401(k) Plan assets move in 2023? ▼
Workday, Inc. 401(k) Plan surged - up 38.7% during 2023, from $1.4B to $2.0B. Reported net income was $558M.
How have Workday, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Workday, Inc.'s sponsor-wide assets grew 80.9%, from $1.4B to $2.6B.
Where does Workday, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Workday, Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Workday, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bmw Savings Plan in NJ ($2.0B, 12,280 participants).

Next read for Workday, Inc. 401(k) Plan

Filing takeaways

Ways to act on Workday, Inc. 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 202480422.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.