401(k) · DOL Form 5500 · 2023
Okta, Inc. 401(k) Plan
Data updated 2026-08-11
- $420M
- Total assets
- 4,352
- Participants
- 97th
- Percentile by assets
- $96,614
- Avg per participant
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.
- 97th percentile by assets (of 127,072 plans)
- #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.
- $420M
- total plan assets (2023 EOY)
- 4,352
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $96,614
- avg assets per participant
Where Okta 401(k) Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
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.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Okta 401(k) Plan reports 4,352 participants - 6.9x that state average ($420M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $284M |
|---|---|
| Net Assets (End of Year) | $420M |
| Net Income | $136M |
| Employer EIN | 264175727 |
| Plan Effective Date | 2011-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Okta, Inc.)
| 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.
- 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 Okta 401(k) Plan by total assets, not by location.
- Brasfield & Gorrie 401(k) Plan (AL) $420M · 3,471
- Kone Inc. Employee Savings Plan (IL) $420M · 1,846
- Jtekt North America 401(k) Retirement Plan (SC) $420M · 4,275
- Tennant Company Retirement Savings Plan (MN) $421M · 1,777
Frequently Asked Questions
How did Okta 401(k) Plan assets move in 2023? ▼
How have Okta, Inc. plan assets changed over time? ▼
Where does Okta 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Okta 401(k) Plan? ▼
Next read for Okta 401(k) Plan
Filing takeaways
Ways to act on Okta 401(k) Plan's numbers.
- By total assets, Okta 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
- Okta, Inc.'s sponsor-wide assets have grown 91.6% since 2022 across 3 plan years on file. More Professional & Technical Services plans