401(k) · DOL Form 5500 · 2024

Twilio Inc. 401(k) Plan

Data updated 2026-08-25

$629M
Total assets Above avg plan size
3,492
Participants Above avg headcount
98th
Percentile by assets National rank
$179,994
Avg per participant Above avg balance/head
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Official DOL plan name: Twilio 401(k) Plan · Sponsored by Twilio Inc. · California · Information & Media

$629M in assets, 3,492 participants

Twilio Inc.'s Twilio 401(k) Plan reported $629M in total assets and 3,492 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #2,704 in Information & Media (2,822 peers)

Coverage in California

Twilio 401(k) Plan covers 3,492 participants in California, 5.5x the typical California plan (state average ~630 per filing). Assets: $629M.

#2,704
in Information & Media (2,822 peers)
+24.3%
assets growth YoY
6.3×
vs typical plan assets (national mean)

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

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$628,537,599 Top 2% higher than 98% of 123,620 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 2024

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Twilio 401(k) Plan lands in the large band (3,492 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Twilio 401(k) Plan reported participants fell from 4,684 in the plan year 2023 filing to 3,492 in the plan year 2024 filing.
  • Twilio 401(k) Plan end-of-year assets rose from $505M in the plan year 2023 filing to $629M in the plan year 2024 filing.
  • Twilio 401(k) Plan reported net income fell from $125M in the plan year 2023 filing to $123M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 262574840 · Twilio Inc. PY 2024 · 401(k)

Twilio 401(k) Plan · $629M · 3,492 · 98th

  • ASSETS $629M
  • ASSETS 3,492
  • ASSETS 98th
  • ASSETS 401(k)
  • ASSETS near Southstate Bank 401(k) Retirement Savings Plan
  • ASSETS ind #2704

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 Information & Media retirement plans → · Plans in California →

Twilio 401(k) Plan in the asset neighbourhood

Owens Corning Savings and Security PlanOwens Corning Savings and Se…$629MSouthstate Bank 401(k) Retirement Savings PlanSouthstate Bank 401(k) Retir…$629MTwilio 401(k) Plan$629MIntelsat 401(k) Retirement Savings PlanIntelsat 401(k) Retirement S…$628MBaker Donelson Bearman Caldwell & Berkowitz Retirement Savings PlanBaker Donelson Bearman Caldw…$628M
End-of-year total assets ($M) among Twilio 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$505M
Net Assets (End of Year)$628M
Net Income$123M
Employer EIN262574840
Plan Effective Date2011-08-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Twilio Inc.)

Sponsor-wide plan assets over time

All Twilio Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$629M 65.39381456031722% vs 2022
2024 filing year
$300M$400M$500M$600M$700M 202220232024 $380M $629M ▲ +65.4%
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 Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Twilio 401(k) Plan, Total assets ($B): 0.628537599 · Participants: 3492Twilio 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Twilio 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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

Outside California, the nearest 401(k) by assets is Southstate Bank 401(k) Retirement Savings Plan in FL ($629M); by covered participants it is Alaska Airlines, Inc. Pilots Investment and Savings Plan in WA (3,490 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,492 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Twilio 401(k) Plan assets move in 2024? ▼
Twilio 401(k) Plan grew sharply - up 24.3% during 2024, from $505M to $629M. Reported net income was $123M.
How have Twilio Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Twilio Inc.'s sponsor-wide assets grew 65.4%, from $380M to $629M.
Where does Twilio 401(k) Plan rank by assets among Form 5500 filers? ▼
Twilio 401(k) Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Twilio 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Southstate Bank 401(k) Retirement Savings Plan in FL ($629M, 5,297 participants).
Which 401(k) plans cover a similar participant headcount to Twilio 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Alaska Airlines, Inc. Pilots Investment and Savings Plan in WA (3,490 participants, $2.6B in assets).