Plan Snapshot
- Plan Sponsor: Sequoia Equities INC.
- Sponsor EIN: 942223344
- Sponsor Address: 1777 BOTELHO DR, SUITE 300, WALNUT CREEK, CA, 945960000
- Plan Type: 401(k)
- Total Participants: 359
- Total Assets: $23.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 359 | $23.5M | $473,735 | $1.9M |
| 2023 | 379 | $19.7M | $650,256 | $1.9M |
| 2022 | 360 | $15.3M | $590,984 | $1.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $112,193 | — | $112,193 |
| ARMANINO LLP | ACCOUNTANT | $56,385 | — | $56,385 |
| JORDAN & ASSOCIATES RETIREMENT SERV | THIRD PARTY ADMIN | $18,055 | $10,655 | $28,710 |
| CAMBRIDGE INVESTMENT RESEARCH ADVIS | INVESTMENT ADVISORY | — | $28,000 | $28,000 |
| HOOD AND STRONG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ARMANINO LLP — ACCOUNTANT
- HOOD AND STRONG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $225,288
- Estimated Expense Ratio: 0.959% 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 | $186,633 | — | $96,424 | — | — |
| 2023 | $126,670 | — | $113,377 | — | — |
| 2022 | $88,171 | — | $82,987 | — | $5,184 |