Retirement plan

SEQUOIA RESEARCH CORPORATION 401(K) SALARY DEFERRAL PLAN

Name: SEQUOIA RESEARCH CORPORATION - SEQUOIA RESEARCH CORPORATION 401(K) SALARY DEFERRAL PLAN (2022) Form 5500
Creator: SEQUOIA RESEARCH CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEQUOIA RESEARCH CORPORATION 401(K) SALARY DEFERRAL PLAN, SEQUOIA RESEARCH CORPORATION

SEQUOIA RESEARCH CORPORATIONEIN 95-2827405Plan #002PY 2022

23824 HAWTHORNE BLVD. - SUITE 100 - TORRANCE, CA 90505310-378-8263sequoiarc.comLinkedIn11-50 employeesaviation & aerospace

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$13M

-21.7% from 2021

Total participants

+11.1% from 2021

Average account balance

$651,941

-29.5% from 2021

Annual return

-19.60%

-45.40 pp from 2021

Benchmarks

See 133,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,844 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$21.98M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$785K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

107.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$928K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$36K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.65%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$1622

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$974K

$51255 / participant

Other / not subdivided$974K100.0%

% of EOY assets

7.469%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$651,941

$138,114+372.0%

$125,391+419.9%

$134,545+384.6%

Participation rate

100.0%

84.5%+15.5pp

82.4%+17.6pp

81.2%+18.8pp

Annual return

-19.60%

750.88%-770.5pp

572.41%-592.0pp

418.37%-438.0pp

Employer contribution / active EE

$21,377

$5,246+307.5%

$4,816+343.9%

$4,742+350.8%

Participant deferral / active EE

$11,764

$7,801+50.8%

$7,448+57.9%

$6,401+83.8%

Admin fee / account holder

$48,692

$11,570+320.8%

$10,009+386.5%

$11,431+326.0%

SEQUOIA RESEARCH CORPORATION 401(K) SALARY DEFERRAL PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEQUOIA RESEARCH CORPORATION 401(K) SALARY DEFERRAL PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion