401(k) · DOL Form 5500 · 2024

Verkada, Inc. 401(k) Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
1,660
Participants Near avg headcount
85th
Percentile by assets National rank
$32,167
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#17,291
in Professional & Technical Services (20,173 peers)
+69.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Verkada 401(k) Plan's outsized position 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

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

Verkada 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. Verkada 401(k) Plan lands in the large band (1,660 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 813505155 · Verkada, Inc. PY 2024 · 401(k)

Verkada 401(k) Plan · $53M · 1,660 · 85th

  • IND $53M
  • IND 1,660
  • IND 85th
  • IND 401(k)
  • IND near Immanuel Retirement Plan
  • IND ind #17291

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 →

Verkada 401(k) Plan in the asset neighbourhood

L & J.G. Stickley, Inc. 401(k) Salary Savings PlanL & J.G. Stickley, Inc. 401(…$53MUniversity Physicians of Brooklyn, Inc. Incentive Savings TrustUniversity Physicians of Bro…$53MVerkada 401(k) Plan$53MImmanuel Retirement Plan$53MCricut, Inc. 401(k) Retirement PlanCricut, Inc. 401(k) Retireme…$53M
End-of-year total assets ($M) among Verkada 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$53M
Net Income$22M
Employer EIN813505155
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Verkada, Inc.)

Sponsor-wide plan assets over time

All Verkada, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$53M 210.3343344218301% vs 2022
2024 filing year
$0M$20M$40M$60M 202220232024 $17.2M $53.4M ▲ +210.3%
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 Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Verkada 401(k) Plan, Total assets ($B): 0.053398 · Participants: 1660Verkada 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
Verkada 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Verkada 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Immanuel Retirement Plan in NE ($53M); by covered participants it is Madix, Inc. 401(k) Profit Sharing Plan in TX (1,660 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,660 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 Verkada 401(k) Plan assets move in 2024? ▼
Verkada 401(k) Plan surged - up 69.4% during 2024, from $32M to $53M. Reported net income was $22M.
How have Verkada, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Verkada, Inc.'s sponsor-wide assets grew 210.3%, from $17M to $53M.
Where does Verkada 401(k) Plan rank by assets among Form 5500 filers? ▼
Verkada 401(k) Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Verkada 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Immanuel Retirement Plan in NE ($53M, 1,462 participants).
Which 401(k) plans cover a similar participant headcount to Verkada 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Madix, Inc. 401(k) Profit Sharing Plan in TX (1,660 participants, $73M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 813505155.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.