401(k) · DOL Form 5500 · 2024
Verkada, Inc. 401(k) Plan
Data updated 2026-08-11
- $53M
- Total assets
- 1,660
- Participants
- 85th
- Percentile by assets
- $32,167
- Avg per participant
Official DOL plan name: Verkada 401(k) Plan · Sponsored by Verkada, Inc. · California · Professional & Technical Services
$53M in assets, 1,660 participants
Verkada, Inc.'s Verkada 401(k) Plan reported $53M in total assets and 1,660 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- 85th percentile by assets (of 123,622 plans)
- #17,291 in Professional & Technical Services (20,173 peers)
Coverage in California
Verkada 401(k) Plan covers 1,660 participants in California, 2.6x the typical California plan (state average ~630 per filing). Assets: $53M.
- $53M
- total plan assets (2024 EOY)
- 1,660
- covered participants
- 85th
- percentile by assets (of 123,622 plans)
- $32,167
- avg assets per participant
Where Verkada 401(k) Plan sits by total assets
Verkada 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$53,398,000 Top 15% higher than 85% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Verkada 401(k) Plan end-of-year assets rose from $32M in the plan year 2023 filing to $53M in the plan year 2024 filing.
- Verkada 401(k) Plan reported net income rose from $14M in the plan year 2023 filing to $22M in the plan year 2024 filing.
- Verkada 401(k) Plan reported participants rose from 1,372 in the plan year 2023 filing to 1,660 in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Verkada 401(k) Plan reports 1,660 participants - 2.6x that state average ($53M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $32M |
|---|---|
| Net Assets (End of Year) | $53M |
| Net Income | $22M |
| Employer EIN | 813505155 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Verkada, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 869 | $17M |
| 2023 | 1 | 1,372 | $32M |
| 2024 | 1 | 1,660 | $53M |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Verkada 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
- Google LLC 401(k) Savings Plan $48.7B · 116,712
- Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
- Intel 401(k) Savings Plan $24.9B · 55,298
- Apple 401(k) Plan $24.7B · 101,450
- Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Verkada 401(k) Plan by total assets, not by location.
- Immanuel Retirement Plan (NE) $53M · 1,462
- L & J.G. Stickley, Inc. 401(k) Salary Savings Plan (NY) $53M · 580
- University Physicians of Brooklyn, Inc. Incentive Savings Trust (NY) $53M · 514
- Cricut, Inc. 401(k) Retirement Plan (UT) $53M · 540
Frequently Asked Questions
How did Verkada 401(k) Plan assets move in 2024? ▼
How have Verkada, Inc. plan assets changed over time? ▼
Where does Verkada 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Verkada 401(k) Plan? ▼
Next read for Verkada 401(k) Plan
Filing takeaways
Ways to act on Verkada 401(k) Plan's numbers.
- By total assets, Verkada 401(k) Plan ranks in the top quartile 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
- Verkada, Inc.'s sponsor-wide assets have grown 210.3% since 2022 across 3 plan years on file. More Professional & Technical Services plans