Plan Ledger DOL Form 5500 · updated monthly

Sequoia Holdings LLC401(k)

SEQUOIA HOLDINGS, LLC 401(K) PROFIT SHARING PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Sequoia Holdings LLC reported $98,606 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $14,574 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 rose from 0.01% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 832nd-largest of 2,266 plans among Virginia employers on file, and the 4,636th of 11,654 in professional & technical services. In 2024, the employer put in $1.56 for every $1.00 employees contributed themselves; active participation has grown from 126 to 212 since 2022.

Plan summary
Net assets, end of year$25,869,954
Participants with balances262
Active participants212
Employer contributions$3,089,773
Employee contributions$1,980,088
Employer contribution per active participant$14,574
Average account balance$98,740
Benefits paid to participants$2,840,089
Plan auditUnmodified (clean) audit opinion
AuditorALEXANDER & WILLIAMS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$25.9M · 262 accts · $3.1M emplr
2023$17.5M · 200 accts · $2.4M emplr
2022$11.9M · 171 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,799
Investment management$70,807
Total administrative$98,606
The Sequoia Holdings LLC 401(k) match · 2024
Employer contribution per active participant$14,574
Median for plans this size$2,416
2024$14,574 per active participant
2023$13,863 per active participant
2022$13,017 per active participant

Sequoia Holdings LLC's 2024 employer contribution ran above the $2,416 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 · 20243
RAYMOND JAMES · Recordkeeping · Trustee$33,370
ADP, INC. · Loan processing · Recordkeeping$31,865
CHARLES SCHWAB & CO, INC. · Securities brokerage$618

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

Recordkeeper by year2
2024ADP, Raymond James
2023ADP

This plan has changed recordkeepers within these filings. If you left Sequoia Holdings LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$98,606 · 0.45%
2023$10,553 · 0.07%
2022$1,738 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Virginia
Bai Inc VA$26.1M · 0.08%
Mosaic Atm, Inc. VA$25.8M · 0.02%
Crown Consulting, Inc. VA$25.8M · 0.58%
Level Access, Inc. VA$25.6M · 0.52%
Dark Wolf Solutions, LLC VA$25.5M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455253341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.