Sequoia
Filed under 46 names, including Sequoia Benefits & Ins SVCS LLC; Sequoia Benefits & Ins. Services; Sequoia Benefits LLC; Sequoia Benefits and Ins SVCS LLC; Sequoia Benefits & Ins Services LLC; Sequoia Benefits & Insurance SVCS; and others. BenefitsLedger groups a firm's offices together.
Sequoia collected $97M in commissions and fees from 646 employer health plans in plan year 2024 filings, ranking #12 among 12,126 brokers named in the public record. Most of its named clients are in California.
Largest clients
Employers whose filings reported the most compensation to this broker.
| Employer | Paid to broker | Participants |
|---|---|---|
| Sequoia One Peo, LLC · Arizona | $2,820,261 | 30,727 |
| Spring Care, Inc. · New York | $1,010,794 | 937 |
| Relativity Space, Inc. · California | $861,857 | 2,095 |
| Persistent Systems, Inc. · California | $818,864 | 1,163 |
| Benchling, Inc. · California | $797,918 | 685 |
| Anthropic PBC · California | $785,958 | 270 |
| Dyn365, Inc. dba Restaurant365 · California | $776,939 | 626 |
| Adyen N.V. · California | $659,921 | 644 |
| Varonis Systems, Inc. · New York | $640,995 | 989 |
| Coalition, Inc. · California | $625,932 | 560 |
| Ripple Labs, Inc. · California | $611,560 | 561 |
| Celonis, Inc. · New York | $590,322 | 897 |
| Openai Opco, LLC · California | $563,063 | 831 |
| Sequoia Capital Operations, LLC · California | $559,160 | 215 |
| Charlie Health, Inc. · Montana | $541,129 | 692 |
| Accordion Partners LLC · New York | $535,441 | 427 |
| Sigma Computing Inc · California | $526,596 | 507 |
| Nexxen, Inc. · New York | $519,056 | 568 |
| The Chan Zuckerberg Initiative (czi) · California | $509,585 | 535 |
| Brex, Inc. · California | $508,817 | 941 |
| Hotelengine, Inc. · Colorado | $505,959 | 504 |
| Imperva, Inc. · Texas | $495,219 | 450 |
| Mercury Technologies Inc · California | $490,840 | 472 |
| Egnyte, Inc. · California | $485,760 | 544 |
| Okc USA Holding Inc · California | $480,321 | 354 |
Source: DOL Form 5500 Schedule A Part I, plan year 2024, grouped by broker name as filed. Dataset built October 24, 2026.
Where its clients are
Employer plans naming this broker, by employer state.
How much does Sequoia earn from employer health plans?
In plan year 2024 filings, employers reported paying Sequoia $97,314,759: $80,110,425 in commissions and $17,204,334 in fees, across 2,410 insurance contracts at 646 employers. That ranks #12 of 12,126 brokers in the public record.
What commission rate is paid on plans Sequoia brokers?
Not enough fully insured medical plans name Sequoia as the sole broker to compute a stable rate. The national median is 3.8% of premium.
Which employers use Sequoia?
The largest reported payers in 2024 were Sequoia One Peo, LLC, Spring Care, Inc., Relativity Space, Inc.. California is its biggest state by employer count (395 plans).
Amounts are what employers reported on their own filings. They do not include compensation from carriers that is not tied to a specific contract, and names are grouped exactly as filed, so related entities can appear separately. How this record is built.