Department of Labor filing

SEQUOIA CAPITAL OPERATIONS, LLC

SEQUOIA 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jul 21, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

91filing 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

$45,197

Reported employer contributions per active participant.

Higher than about 100% of comparable plans

#People in the filing

196

Active participants reported for 2024.

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

¢Visible plan-paid fees

$37 / participant

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

Lower cost than about 70% of comparable plans

↗Investment performance

Not available

Plan assets changed 25.4%, 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 · 202491out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions100th percentileTypical peer $5,330 · based on 410 comparable plans

Lower reported administrative expense70th 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, SEQUOIA CAPITAL OPERATIONS, LLC reported $8,858,603 in employer contributions across the plan and 196 active participants. That works out to $45,197 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 proxy55%

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 49.4%

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

Expense trendUp 115.1%

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

Peer context91/100

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: $8,858,603
Participant contributions: $3,076,524
Other contributions: $709,695
Employer share of reported contributions: 74.2%
Beginning assets: $93,647,710
Ending assets: $117,435,300
Ending net assets: $117,435,300
Ending liabilities: $0
Total income: $28,099,547
Total expenses: $4,311,957
Administrative expenses: $12,943
Participant loans: $218,406

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

$30,248

2023

$37,770

2024

$45,197

Plan-paid administrative expenses per participant

2022

$17

2023

$27

2024

$37

Active participants

2022

206

2023

201

2024

196

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$45,197	196	117.4M	20250721172313NAL0001484209001
2023	$37,770	201	93.6M	20240618125805NAL0003905088001
2022	$30,248	206	72M	20230612151518NAL0047073376001

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: 0.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 770533605-002

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
2E2T2G2J3D3H

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
THE VANGUARD GROUP, INC.	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20250721172313NAL0001484209001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗