Workday, Inc. 401(k): best low-cost funds
Workday, Inc. 401(k) Plan · Plan #001 · Pleasanton, CA
Suggested simple Boglehead mix
The public data doesn't show enough index funds from this plan to suggest a full mix. A typical Boglehead approach: look in your menu for a US total market or S&P 500 index fund, an international index fund, and a US bond index fund, all with expense ratios under about 0.10%. Or use one low-cost target-date index fund. How the 3-fund portfolio works.
Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.
Pooled funds named in the filing (Schedule D)
These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| Vang Inst 500 IDX TR | Vanguard Fiduciary Trust Company | Common/collective trust | $461.3M |
| CG 2055 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $208.9M |
| CG 2045 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $202.3M |
| CG 2040 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $198.2M |
| CG 2050 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $196.5M |
| CG 2035 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $169.3M |
| CG 2030 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $108.2M |
| VG IS EXT MKT IDX C | Vanguard Fiduciary Trust Company | Common/collective trust | $100.6M |
| CG 2060 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $99.4M |
| VG IS TL Intl STK MK | Vanguard Fiduciary Trust Company | Common/collective trust | $76.4M |
| CG 2025 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $52.8M |
| VG IS TOT BD MKT IDX | Vanguard Fiduciary Trust Company | Common/collective trust | $36.0M |
| CG 2065 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $13.8M |
| Vang RET SAV TR IV | Vanguard Fiduciary Trust Company | Common/collective trust | $10.8M |
| CG 2020 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $9.6M |
| CG 2010 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $3.4M |
| CG 2015 TD TD3 | Capital Bank And Trust Company | Common/collective trust | $2.8M |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $534.2M | 20.5% |
| Common/collective trusts | $2.0B | 74.7% |
| Common stock (direct) | $55.5M | 2.1% |
| Participant loans | $16.1M | 0.6% |
Fees paid from plan assets
| Contract administrator fees | $900 |
| Investment advisory & management fees | $449,131 |
| Other administrative fees | $435,707 |
| Total administrative expenses | $1.3M |
Reported administrative expenses were about 0.057% of average plan assets, or about $88 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.
Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20251013112359NAL0001204753001. EIN 202480422.
FAQ
What are the best low-cost funds in the Workday, Inc. 401(k)?
The free public data doesn't list enough of the Workday, Inc. plan's index funds to say. Look in your plan's fee disclosure (404a-5 notice) for a US stock index fund, an international index fund and a bond index fund with low expense ratios.
Can I build a three-fund portfolio in the Workday, Inc. 401(k)?
Possibly. Many large plans offer the three building blocks, but the public data for this plan doesn't confirm it. A low-cost target-date index fund is a common one-fund alternative.
How big is the Workday, Inc. 401(k) plan?
The plan reported about $2.6B in net assets and 14,983 participants with balances for plan year 2024, according to its DOL Form 5500 filing.
Where does this data come from?
From public U.S. Department of Labor Form 5500 filings (EFAST2) and, where noted, the plan's SEC Form 11-K. Data can be outdated or incomplete, and this page is not financial advice.
Other professional services employers
- International Business Machines Corporation
- Oracle Corporation
- PWC US Group LLP
- Kpmg LLP
- Insperity Holdings, Inc.
- Omnicom Group Inc.