401k Record

Employers › Sands Capital Management

Sands Capital Management 401(k)

Administrative expenses excluding investment management, per participant · Sands Capital Management, LLC 401(k) Profit Sharing Plan · plan year 2024

$88.40

Higher than 47% of the 8,758 plans $50 to 250M that report it.

Source

= $22,719 / 257
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917080853NAL0000207985001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917080853NAL0000207985001, received 2025-09-17

10th: $16.21median $93.2090th: $246.84

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-17.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$88.40

10th: $29.39median $132.8490th: $350.58

Higher than 31% of the 9,042 plans $50 to 250M that report it.

Source

= $22,719 / 257
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917080853NAL0000207985001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917080853NAL0000207985001, received 2025-09-17

Administrative expenses as a share of assets

0.018%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 8% of the 9,049 plans $50 to 250M that report it.

Source

= $22,719 / $123,953,263
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917080853NAL0000207985001, received 2025-09-17
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917080853NAL0000207985001, received 2025-09-17

Employer contributions per participant

$22,036

10th: $965median $2,73890th: $8,164

Higher than 99% of the 9,105 plans $50 to 250M that report it.

Source

= $5,663,292 / 257
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917080853NAL0000207985001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917080853NAL0000207985001, received 2025-09-17

Employer share of total contributions

61.1%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 97% of the 9,112 plans $50 to 250M that report it.

Source

= $5,663,292 / $9,270,445
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917080853NAL0000207985001, received 2025-09-17
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917080853NAL0000207985001, received 2025-09-17

Plan terms, as stated in Sands Capital Management, LLC's SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250917080853NAL0000207985001, received 2025-09-17

Full record, Sands Capital Management, LLC 401(k) Profit Sharing Plan

FieldValueSource
Plan sponsorSANDS CAPITAL MANAGEMENT, LLCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250917080853NAL0000207985001, received 2025-09-17
Plan nameSANDS CAPITAL MANAGEMENT, LLC 401(K) PROFIT SHARING PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250917080853NAL0000207985001, received 2025-09-17
Sponsor EIN / plan number20-2830751 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250917080853NAL0000207985001, received 2025-09-17
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250917080853NAL0000207985001, received 2025-09-17
Sponsor locationARLINGTON, VAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250917080853NAL0000207985001, received 2025-09-17
Industry (business code)523900, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250917080853NAL0000207985001, received 2025-09-17
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250917080853NAL0000207985001, received 2025-09-17
Filing received2025-09-17Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250917080853NAL0000207985001, received 2025-09-17
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250917080853NAL0000207985001, received 2025-09-17
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250917080853NAL0000207985001, received 2025-09-17
Participants, beginning of year266Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250917080853NAL0000207985001, received 2025-09-17
Active participants189Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250917080853NAL0000207985001, received 2025-09-17
Participants, end of year263Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250917080853NAL0000207985001, received 2025-09-17
Participants with an account balance257Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917080853NAL0000207985001, received 2025-09-17
Total assets, beginning of year$103,525,550Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250917080853NAL0000207985001, received 2025-09-17
Total assets, end of year$123,953,263Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917080853NAL0000207985001, received 2025-09-17
Net assets, end of year$123,953,263Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250917080853NAL0000207985001, received 2025-09-17
Total income$26,036,786Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250917080853NAL0000207985001, received 2025-09-17
Net income$20,427,713Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250917080853NAL0000207985001, received 2025-09-17
Employer contributions$5,663,292Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917080853NAL0000207985001, received 2025-09-17
Participant contributions$3,459,190Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250917080853NAL0000207985001, received 2025-09-17
Other contributions (incl. rollovers)$147,963Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250917080853NAL0000207985001, received 2025-09-17
Total contributions$9,270,445Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917080853NAL0000207985001, received 2025-09-17
Benefit payments$5,586,354Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250917080853NAL0000207985001, received 2025-09-17
Total expenses (incl. benefit payments)$5,609,073Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250917080853NAL0000207985001, received 2025-09-17
Total administrative expenses$22,719Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917080853NAL0000207985001, received 2025-09-17
Contract administrator fees$22,719Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250917080853NAL0000207985001, received 2025-09-17
Administrative expenses excluding investment management$22,719derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917080853NAL0000207985001, received 2025-09-17
Held in common/collective trusts$66,454,434Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250917080853NAL0000207985001, received 2025-09-17
Held in mutual funds$51,839,028Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250917080853NAL0000207985001, received 2025-09-17
Independent auditorPRICEWATERHOUSECOOPERS LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250917080853NAL0000207985001, received 2025-09-17

Position = column in the DOL layout for form year 2024. Filing 20250917080853NAL0000207985001, received 2025-09-17.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
VANGUARD GROUP, INC.recordkeeperRECORDKEEPER 15 Recordkeeping and information management; 16 Consulting (general); 37 Participant loan processing; 99 Other fees $23,769yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250917080853NAL0000207985001, received 2025-09-17.

What changed since the 2023 plan year

Figure20232024Change
Total assets$103,525,550$123,953,26319.7%
Participants with a balance262257-1.9%
Administrative expenses$21,122$22,7197.6%
Recordkeeping fees per participantnot reportednot reported
Employer contributions$5,743,856$5,663,292-1.4%

Prior filing 20241004152422NAL0012389041001, received 2024-10-04; the plan years are contiguous.

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Sponsor name as filed: SANDS CAPITAL MANAGEMENT, LLC; SEC registrant: SANDS CAPITAL MANAGEMENT, LLC (CIK 1020066, matched by EIN).