Plan Ledger DOL Form 5500 · updated monthly

Okta, Inc.401(k)

OKTA 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Okta, Inc. reported $83,192 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,905 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 243rd-largest of 9,483 plans among California employers on file, and the 328th of 11,654 in professional & technical services. In 2024, employees put in $3.79 for every $1.00 the employer contributed; active participation has shrunk from 4,352 to 3,718 since 2022.

Plan summary
Net assets, end of year$544,709,486
Participants with balances5,557
Active participants3,718
Employer contributions$18,237,166
Employee contributions$69,093,713
Employer contribution per active participant$4,905
Average account balance$98,022
Benefits paid to participants$55,045,130
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$544.7M · 5,557 accts · $18.2M emplr
2023$420.5M · 5,525 accts · $19.4M emplr
2022$284.3M · 5,464 accts · $17.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,358
Audit (IQPA)$27,300
Total administrative$83,192
The Okta, Inc. 401(k) match · 2024
Employer contribution per active participant$4,905
Median for plans this size$4,294
2024$4,905 per active participant
2023$4,819 per active participant
2022$3,994 per active participant

Okta, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,456
MOSS ADAMS LLP · Accounting / audit$27,300

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$83,192 · 0.02%
2023$14,531 · 0.00%
2022$21,202 · 0.01%
Same employer
Similar plansProfessional & Technical Services · California
Veritas Technologies LLC CA$595.1M · 0.14%
The Kleinfelder Group, Inc. CA$539.0M · 0.05%
Salas O'Brien, Inc. CA$537.9M · 0.28%
Kratos Defense & Sec. Sol. CA$534.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264175727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.