Plan Ledger DOL Form 5500 · updated monthly

Nextdoor, Inc.benefits

Nextdoor, Inc. Health and Welfare Plan · SAN FRANCISCO, CA · plan year 2025

Broker compensation reported · 2025
$429,760

Nextdoor, Inc.'s benefits plans covered 423 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $5,942,079. Insurance brokers and agents were paid $429,760 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $1,016 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 12% from $382,449 in 2024.

Insurance contracts · 20255
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 53 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 133 covered
KAISER FOUNDATION HEALTH PLAN OF THE NORTHWEST · health drug hmopremiums n/a · 3 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 423 covered
Brokers & agents paid · 20252
SEQUOIA BENEFITS & INS. SERVICES$326,373 · incl $3,778 fees
SEQUOIA BENEFITS & INS SVCS LLC$103,387 · incl $16,615 fees
Also brokered by Sequoia Benefits & Ins. Services5
Openai Opco, LLC CA$1,931,416
Vanta Inc CA$799,026
Moloco, Inc. CA$543,569

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 753263336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.