401(k) · DOL Form 5500 · 2023

Okta, Inc. 401(k) Plan

Data updated 2026-08-25

$420M
Total assets Above avg plan size
4,352
Participants Above avg headcount
97th
Percentile by assets National rank
$96,614
Avg per participant Below avg balance/head
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Official DOL plan name: Okta 401(k) Plan · Sponsored by Okta, Inc. · California · Professional & Technical Services

$420M in assets, 4,352 participants

Okta, Inc.'s Okta 401(k) Plan reported $420M in total assets and 4,352 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.

  • #19,892 in Professional & Technical Services (20,321 peers)

Coverage in California

Okta 401(k) Plan covers 4,352 participants in California, 6.9x the typical California plan (state average ~630 per filing). Assets: $420M.

#19,892
in Professional & Technical Services (20,321 peers)
+47.9%
assets growth YoY
4.2×
vs typical plan assets (national mean)

Okta 401(k) Plan's outsized position by total assets

Okta 401(k) Plan vs every filed plan by assets

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

$420,464,133 Top 3% higher than 97% 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

Okta 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Okta 401(k) Plan lands in the large band (4,352 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Okta 401(k) Plan reported net income rose from $31M in the plan year 2022 filing to $136M in the plan year 2023 filing.
  • Okta 401(k) Plan reported participants rose from 2,895 in the plan year 2022 filing to 4,352 in the plan year 2023 filing.
  • Okta 401(k) Plan end-of-year assets rose from $284M in the plan year 2022 filing to $420M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 264175727 · Okta, Inc. PY 2023 · 401(k)

Okta 401(k) Plan · $420M · 4,352 · 97th

  • BOY $420M
  • SCH 4,352
  • EBSA 97th
  • PART 401(k)
  • TYPE near Brasfield & Gorrie 401(k) Plan
  • NET ind #19892

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 →

Okta 401(k) Plan in the asset neighbourhood

Tennant Company Retirement Savings PlanTennant Company Retirement S…$421MOkta 401(k) Plan$420MBrasfield & Gorrie 401(k) PlanBrasfield & Gorrie 401(k) Pl…$420MKone Inc. Employee Savings PlanKone Inc. Employee Savings P…$420MJtekt North America 401(k) Retirement PlanJtekt North America 401(k) R…$420M
End-of-year total assets ($M) among Okta 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$284M
Net Assets (End of Year)$420M
Net Income$136M
Employer EIN264175727
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Okta, Inc.)

Sponsor-wide plan assets over time

All Okta, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$545M 91.58668428272091% vs 2022
2024 filing year
$200M$300M$400M$500M$600M 202220232024 $284M $545M ▲ +91.6%
Year Plans Participants Total Assets
2022 1 2,895 $284M
2023 1 4,352 $420M
2024 1 4,030 $545M

Nearby 401(k) Plans in California

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

Okta 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Okta 401(k) Plan, Total assets ($B): 0.420464133 · Participants: 4352Okta 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
Okta 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Okta 401(k) Plan side-by-side with 3 peers →

Okta 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Brasfield & Gorrie 401(k) Plan in AL ($420M); by covered participants it is Point32health 401(k) Plan in MA (4,349 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($420M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,352 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 Okta 401(k) Plan assets move in 2023? ▼
Okta 401(k) Plan surged - up 47.9% during 2023, from $284M to $420M. Reported net income was $136M.
How have Okta, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Okta, Inc.'s sponsor-wide assets grew 91.6%, from $284M to $545M.
Where does Okta 401(k) Plan rank by assets among Form 5500 filers? ▼
Okta 401(k) Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Okta 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brasfield & Gorrie 401(k) Plan in AL ($420M, 3,471 participants).
Which 401(k) plans cover a similar participant headcount to Okta 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Point32health 401(k) Plan in MA (4,349 participants, $1.2B 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 264175727.

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.