Department of Labor filing

SANDS CAPITAL MANAGEMENT, LLC

SANDS CAPITAL MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Sep 17, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

85filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$29,965

Reported employer contributions per active participant.

Higher than about 98% of comparable plans

#People in the filing

189

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$85 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 57% of comparable plans

↗Investment performance

Not available

Plan assets changed 19.7%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202485out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions98th percentileTypical peer $5,330 · based on 410 comparable plans

Lower reported administrative expense57th percentileTypical peer $118 · based on 398 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, SANDS CAPITAL MANAGEMENT, LLC reported $5,663,292 in employer contributions across the plan and 189 active participants. That works out to $29,965 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy72%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 19.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 3.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context85/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $5,663,292
Participant contributions: $3,459,190
Other contributions: $147,963
Employer share of reported contributions: 62.1%
Beginning assets: $103,525,550
Ending assets: $123,953,263
Ending net assets: $123,953,263
Ending liabilities: $0
Total income: $26,036,786
Total expenses: $5,609,073
Administrative expenses: $22,719
Participant loans: $429,860

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$25,011

2023

$29,761

2024

$29,965

Plan-paid administrative expenses per participant

2022

$83

2023

$83

2024

$85

Active participants

2022

190

2023

193

2024

189

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$29,965	189	124M	20250917080853NAL0000207985001
2023	$29,761	193	103.5M	20241004152422NAL0012389041001
2022	$25,011	190	72.5M	20231016103015NAL0038054849001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 202830751-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1997
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
SANDS CAPITAL MANAGEMENT, LLC	2024	Not reported	unknown
SEI TRUST COMPANY	2024	Not reported	unknown
THE VANGUARD GROUP, INC.	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20250917080853NAL0000207985001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗