Plan Snapshot
- Plan Sponsor: Workday, INC.
- Sponsor EIN: 202480422
- Sponsor Address: 6110 STONERIDGE MALL RD., PLEASANTON, CA, 94588
- Plan Type: DC
- Total Participants: 12,750
- Total Assets: $2.6B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,750 | $2.6B | $69.7M | $251.2M |
| 2023 | 12,114 | $2.0B | $63.7M | $223.7M |
| 2022 | 11,805 | $1.4B | $54.9M | $195.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $478,266 | — | $478,266 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $449,131 | — | $449,131 |
| THE SEGAL COMPANY INC | CONSULTANT | $304,457 | — | $304,457 |
| ABD RETIREMENT SERVICES, INC. | CONSULTANT | $131,250 | — | $131,250 |
| MILLER, KAPLAN, ARASE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- THE SEGAL COMPANY INC — CONSULTANT
- MILLER, KAPLAN, ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,363,104
- Estimated Expense Ratio: 0.052% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,324,444 | $449,131 | $900 | — | — |
| 2023 | $989,522 | $331,641 | $1,500 | — | — |
| 2022 | $1,219,344 | $311,958 | — | — | — |