401(k) · DOL Form 5500 · 2024

Okta, Inc. 401(k) Plan

Data updated 2026-08-25

$545M
Total assets Above avg plan size
4,030
Participants Above avg headcount
97th
Percentile by assets National rank
$135,164
Avg per participant Near avg balance/head
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Official DOL plan name: Okta 401(k) Plan · Sponsored by Okta, Inc. · California · Professional & Technical Services

$545M in assets, 4,030 participants

Okta, Inc.'s Okta 401(k) Plan reported $545M in total assets and 4,030 participants in its 2024 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.

  • #19,804 in Professional & Technical Services (20,173 peers)

Coverage in California

Okta 401(k) Plan covers 4,030 participants in California, 6.4x the typical California plan (state average ~630 per filing). Assets: $545M.

#19,804
in Professional & Technical Services (20,173 peers)
+29.5%
assets growth YoY
5.5×
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 2024 · DOL Form 5500

$544,709,486 Top 3% higher than 97% 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

Okta 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. Okta 401(k) Plan lands in the large band (4,030 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Okta 401(k) Plan end-of-year assets rose from $420M in the plan year 2023 filing to $545M in the plan year 2024 filing.
  • Okta 401(k) Plan reported net income fell from $136M in the plan year 2023 filing to $124M in the plan year 2024 filing.
  • Okta 401(k) Plan reported participants fell from 4,352 in the plan year 2023 filing to 4,030 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 264175727 · Okta, Inc. PY 2024 · 401(k)

Okta 401(k) Plan · $545M · 4,030 · 97th

  • PCT $545M
  • EIN 4,030
  • RANK 97th
  • PHOTO 401(k)
  • IND near Janus 401(k) and Employee Stock Ownership Plan
  • EOY ind #19804

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

Process Equipment Group 401(k) Savings PlanProcess Equipment Group 401(…$545MNice Systems, Inc. 401(k) PlanNice Systems, Inc. 401(k) Pl…$545MCae USA, Inc. Savings, Investment & Employee Benefit Plan Number 1Cae USA, Inc. Savings, Inves…$545MJanus 401(k) and Employee Stock Ownership PlanJanus 401(k) and Employee St…$545MOkta 401(k) Plan$545M
End-of-year total assets ($M) among Okta 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$420M
Net Assets (End of Year)$545M
Net Income$124M
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. -50000050000100000150000 -200204060 Total assets ($B) Participants Okta 401(k) Plan, Total assets ($B): 0.544709486 · Participants: 4030Okta 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
Okta 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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

Outside California, the nearest 401(k) by assets is Janus 401(k) and Employee Stock Ownership Plan in CO ($545M); by covered participants it is Strategic Education, Inc. 401(k) Plan in VA (4,031 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,030 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 Okta 401(k) Plan assets move in 2024?
Okta 401(k) Plan grew sharply - up 29.5% during 2024, from $420M to $545M. Reported net income was $124M.
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 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 Okta 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Janus 401(k) and Employee Stock Ownership Plan in CO ($545M, 985 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 Strategic Education, Inc. 401(k) Plan in VA (4,031 participants, $417M in assets).