2023 Form 5500 filing — Sequoia Financial Group, LLC 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009125936NAL0037022738002) for Sequoia Financial Group, LLC 401(K) Plan, reported by Sequoia Financial Group, LLC under EIN 34-1913858 and plan number 001. It reports 194 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$23.8MReported net assets$23,839,746
Participants194
Provider compensation$69.4K2 Schedule C row(s)$69,413
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241009125936NAL0037022738002
- Plan sponsor
- Sequoia Financial Group, LLC
- EIN
- 34-1913858
- Plan number
- 001
- Location
- Akron, OH
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$23.8M total assets
Net assets$23.8MLiabilities—
Full reported line items
- Total assets (EOY)
- $23,839,746
- Net assets (EOY)
- $23,839,746
- Employer contributions
- $1,633,251
- Participant contributions
- $3,287,368
- Total income / additions
- $9,052,809
- Benefits paid
- $2,882,309
- Administrative expenses
- $69,411
- Total expenses
- $2,960,032
- Net increase / (decrease)
- $6,092,777
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cbiz Investment Advisory Servi | NONE | $43,440 | not reported in the loaded dataset |
| Schwab Retirement Plan Services,Inc | NONE | $25,973 | $0 |