Plan Ledger DOL Form 5500 · updated monthly

Sands Capital Management, LLC401(k)

SANDS CAPITAL MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Sands Capital Management, LLC reported $22,719 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $29,965 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.022% to 0.020%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 235th-largest of 2,266 plans among Virginia employers on file, and the 845th of 4,798 in finance & insurance. In 2024, the employer put in $1.64 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$123,953,263
Participants with balances257
Active participants189
Employer contributions$5,663,292
Employee contributions$3,459,190
Employer contribution per active participant$29,965
Average account balance$482,308
Benefits paid to participants$5,586,354
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$124.0M · 257 accts · $5.7M emplr
2023$103.5M · 262 accts · $5.7M emplr
2022$72.5M · 249 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,719
Total administrative$22,719
The Sands Capital Management, LLC 401(k) match · 2024
Employer contribution per active participant$29,965
Median for plans this size$3,635
2024$29,965 per active participant
2023$29,761 per active participant
2022$25,011 per active participant

Sands Capital Management, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
VANGUARD GROUP, INC. · Recordkeeping · Consulting$23,769

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,719 · 0.02%
2023$21,122 · 0.02%
2022$19,141 · 0.02%
Same employer
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Stand Together Benefits, LLC VA$127.0M · 0.33%
Pra Group, Inc. VA$118.4M · 0.28%
Virginia Credit Union, Inc. VA$108.9M · 0.08%
Intrafi Network LLC VA$78.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202830751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.