401(k) · DOL Form 5500 · 2024

Twilio Inc. 401(k) Plan

Data updated 2026-08-11

$629M
Total assets
3,492
Participants
98th
Percentile by assets
$179,994
Avg per participant
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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.

  • 98th percentile by assets (of 123,622 plans)
  • #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.

$629M
total plan assets (2024 EOY)
3,492
covered participants
98th
percentile by assets (of 123,622 plans)
$179,994
avg assets per participant

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 →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Twilio 401(k) Plan reports 3,492 participants - 5.5x that state average ($629M EOY assets).

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.)

$300M$400M$500M$600M$700M 202220232024 $380M $629M ▲ +65.4%
Total plan assets by year, all Twilio Inc. plans on file
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

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) PlanGoogle LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
Twilio 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

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).

Filing takeaways

Ways to act on Twilio 401(k) Plan's numbers.