401(k) · DOL Form 5500 · 2023

Workday, Inc. 401(k) Plan

Data updated 2026-08-25

$2.0B
Total assets Very large vs avg
11,805
Participants Very large workforce
99th
Percentile by assets National rank
$169,579
Avg per participant Above avg balance/head
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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.

  • #20,238 in Professional & Technical Services (20,321 peers)

Coverage in California

Workday, Inc. 401(k) Plan covers 11,805 participants in California, 19x the typical California plan (state average ~630 per filing). Assets: $2.0B.

#20,238
in Professional & Technical Services (20,321 peers)
+38.7%
assets growth YoY
20×
vs typical plan assets (national mean)

Workday, Inc. 401(k) Plan's outsized position by total assets

Workday, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,001,881,638 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Workday, Inc. 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Workday, Inc. 401(k) Plan is a mega filing (11,805 participants), the rightmost band on the breakdown.

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 2022→2023 release diff →

DOL schedule card

Filing strip 202480422 · Workday, Inc. PY 2023 · 401(k)

Workday, Inc. 401(k) Plan · $2.0B · 11,805 · 99th

  • RANK $2.0B
  • PHOTO 11,805
  • IND 99th
  • EOY 401(k)
  • 5500 near Bmw Savings Plan
  • ASSETS ind #20238

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in California →

Workday, Inc. 401(k) Plan in the asset neighbourhood

Workday, Inc. 401(k) Plan$2.0BBmw Savings Plan$2.0BAmerican Family 401(k) Plan$2.0BCommscope, Inc. Retirement Savings PlanCommscope, Inc. Retirement S…$2.0BThe Hershey Company 401(k) PlanThe Hershey Company 401(k) P…$2.0B
End-of-year total assets ($B) among Workday, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Workday, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.6B 80.89172137442347% vs 2022
2024 filing year
$1B$1.5B$2B$2.5B$3B 202220232024 $1.44B $2.61B ▲ +81.3%
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 Scatter plot of 6 data points. 050000100000150000200000250000 -200204060 Total assets ($B) Participants Workday, Inc. 401(k) Plan, Total assets ($B): 2.001881638 · Participants: 11805Workday, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 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 (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 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:

Workday, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Bmw Savings Plan in NJ ($2.0B); by covered participants it is Syneos Health Savings and Retirement Plan in NC (11,790 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (11,805 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 127,072 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).
Which 401(k) plans cover a similar participant headcount to Workday, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Syneos Health Savings and Retirement Plan in NC (11,790 participants, $1.4B in assets).

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.