2023 Form 5500 filing — Sequoia Equities 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 20241014135200NAL0053828194001) for Sequoia Equities 401(K) Plan, reported by Sequoia Equities Inc. under EIN 94-2223344 and plan number 001. It reports 520 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014135200NAL0053828194001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sequoia Equities Inc.
- EIN
- 94-2223344
- Plan number
- 001
- Location
- Walnut Creek, CA
- Participants
- 520
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,681,295
- Total liabilities (EOY)
- $1,134
- Net assets (EOY)
- $19,680,161
- Employer contributions
- $650,256
- Participant contributions
- $1,901,134
- Total income / additions
- $5,637,864
- Benefits paid
- $1,117,348
- Administrative expenses
- $126,670
- Total expenses
- $1,276,539
- Net increase / (decrease)
- $4,361,325
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $86,228 | $0 |
| Cambridge Investment Research Advis | INVESTMENT ADVISORY | $0 | $28,000 |
| Jordan & Associates Retirement Serv | THIRD PARTY ADMIN | $18,431 | $6,382 |
| Armanino Llp | ACCOUNTANT | $22,011 | not reported in the loaded dataset |