# Genentech, INC. Health & Welfare Plan
Source: https://planprovider.pro/companies/genentech-inc-942347624-512

> Genentech, INC.'s Health & Welfare plan: 21,441 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Genentech, INC.

- **Sponsor EIN:** 942347624

- **Sponsor Address:** 1 DNA WAY, SOUTH SAN FRANCISCO, CA, 94080

- **Plan Type:** Health & Welfare

- **Plan Number:** 512

- **Total Participants:** 21,441

- **Total Assets:** $105.4M

## 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|21,441|$105.4M|$455.7M|$65.3M|

| 2023|22,937|$103.5M|$438.9M|$59.2M|

| 2022|23,462|$94.9M|$395.7M|$55.5M|

## 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|

| UNITED HEALTHCARE SERVICES|Other Service Provider|$16,315,286|—|$16,315,286|

| DELTA DENTAL OF CALIFORNIA|Other Service Provider|$918,679|—|$918,679|

| OPTUM RX (UHC)|Other Service Provider|$520,308|—|$520,308|

| VISION SERVICE PLAN|Other Service Provider|$432,801|—|$432,801|

| SEDGWICK|Other Service Provider|$211,810|—|$211,810|

| GRANT THORNTON LLP|Auditor|$95,550|—|$95,550|

| RSM US LLP|Auditor|$7,000|—|$7,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [RSM US LLP](https://planprovider.pro/provider/rsm-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $18,501,434

- **Estimated Expense Ratio:** 17.559% 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|$18,505,030|$18,505,030|—|—|—|

| 2023|$18,930,123|$18,930,123|—|—|—|

| 2022|$19,636,043|—|—|—|$19,636,043|

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