Plan Snapshot
- Plan Sponsor: Sequoia Capital Operations, LLC
- Sponsor EIN: 770533605
- Sponsor Address: 2800 SAND HILL RD, MENLO PARK, CA, 94025
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 358
- Total Assets: $140.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 358 | $140.6M | $0 | $0 |
| 2024 | 196 | $117.4M | $8.9M | $3.1M |
| 2023 | 201 | $93.6M | $7.6M | $3.0M |
| 2022 | 206 | $72.0M | $6.2M | $2.7M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISERS INC. | Other Service Provider | $17,240 | — | $17,240 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,240
- Estimated Expense Ratio: 0.012% 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 |
|---|---|---|---|---|---|
| 2025 | $10,346,553 | — | — | — | — |
| 2024 | $12,943 | — | — | — | — |
| 2023 | $8,851 | — | — | — | — |
| 2022 | $5,085 | — | — | — | — |