Plan Snapshot
- Plan Sponsor: Genentech, INC.
- Sponsor EIN: 901131832
- Sponsor Address: 1 DNA WAY, SOUTH SAN FRANCISCO, CA, 94080
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 0
- Total Assets: $18.0B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $18.0B | $0 | $0 |
| 2023 | 0 | $16.7B | $0 | $0 |
| 2022 | 0 | $14.5B | $0 | $0 |
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 |
|---|---|---|---|---|
| ALLIANCE BERNSTEIN | Investment Advisor | $3,935,945 | — | $3,935,945 |
| JACOBS LEVY EQUITY MANAGEMENT | Investment Advisor | $3,574,128 | — | $3,574,128 |
| MARATHON ASSET MANAGEMENT LLP | Investment Advisor | $2,782,377 | — | $2,782,377 |
| LSV ASSET MANAGEMENT | Investment Advisor | $2,500,362 | — | $2,500,362 |
| WELLINGTON MANAGEMENT | Investment Advisor | $2,444,938 | — | $2,444,938 |
| PACIFIC INVESTMENT MANAGEMENT | Investment Advisor | $2,419,095 | — | $2,419,095 |
| ARROWSTREET | Investment Advisor | $2,313,751 | — | $2,313,751 |
| RANGER INVESTMENT MANAGEMENT | Investment Advisor | $2,108,107 | — | $2,108,107 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT | Investment Advisor | $1,992,126 | $32,089 | $2,024,215 |
| PGIM | Investment Advisor | $1,962,301 | — | $1,962,301 |
| COPELAND CAPITAL MANAGEMENT LLC | Investment Advisor | $1,157,918 | — | $1,157,918 |
| BLACKROCK INSTITUTIONAL | Investment Advisor | $1,079,446 | — | $1,079,446 |
| GALLIARD CAPITAL MANAGEMENT | Investment Advisor | $1,078,273 | — | $1,078,273 |
| COHEN AND STEERS | Investment Advisor | $1,041,977 | — | $1,041,977 |
| BARINGS LLC | Investment Advisor | $995,675 | — | $995,675 |
| CEREDEX VALUE ADVISORS | Investment Advisor | $863,259 | $130,692 | $993,951 |
| RUSSELL INVESTMENTS TRUST COMPANY | Investment Advisor | $931,794 | — | $931,794 |
| STATE STREET BANK AND TRUST COMPANY | Custodian / Trustee | $886,964 | — | $886,964 |
| CAPITAL GROUP | Investment Advisor | $860,939 | — | $860,939 |
| NISA INVESTMENT ADVISORS | Investment Advisor | $622,155 | — | $622,155 |
| DUFF AND PHELPS | Investment Advisor | $432,892 | $12,013 | $444,905 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PGIM — Investment Advisor
- RUSSELL INVESTMENTS TRUST COMPANY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,159,216
- Estimated Expense Ratio: 0.200% 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 | $1,164,757 | — | $20,400 | $7,000 | — |
| 2023 | $36,984,927 | $35,229,351 | $14,700 | $89,825 | — |
| 2022 | $41,716,186 | $31,926,868 | $3,974,222 | — | $391,223 |