Retirement plan

NATERA 401(K) PLAN

Name: NATERA - NATERA 401(K) PLAN (2023) Form 5500
Creator: NATERA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATERA 401(K) PLAN, NATERA

NATERAEIN 01-0894487Plan #001PY 2023

201 INDUSTRIAL RD., STE. 410 - SAN CARLOS, CA 94070650-249-9090natera.comLinkedIn1001-5000 employeesbiotechnology

Other plans on this EIN

1 filing

#002Retirement-$7K assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$217M

+44.6% from 2022

Total participants

4,160

+13.9% from 2022

Average account balance

$54,443

+31.8% from 2022

Annual return

26.80%

+42.44 pp from 2022

Benchmarks

See 1,406 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,406 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$301.43M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

5,164

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$48.81M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+22.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
GLOBAL RETIREMENT PARTNERS LLC6 years Filed as: GLOBAL RETIREMENT PARTNERS Service code 16 · EIN 47-1411118	Consulting	$60,532
PW PARTNERS2 years Filed as: PW PARTNERS LLC Service code 10 · EIN 83-3323563	Accounting	$39,278
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 37 · EIN 04-2647786	Loan Processing	-$19,539

Plan features & details

Pension benefit codes2F2G2J2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$80K

$25 / participant

Investment mgmt$61K75.4%
Other / not subdivided$20K24.6%

% of EOY assets

0.037%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PW PARTNERS LLC
Auditor EIN: 833323563
Audit fees: $39,278
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,443

$50,151+8.6%

$149,696-63.6%

$80,157-32.1%

Participation rate

94.7%

64.3%+30.4pp

78.8%+15.9pp

72.9%+21.7pp

Annual return

26.80%

29.80%-3.0pp

134.46%-107.7pp

40.39%-13.6pp

Employer contribution / active EE

$2,635

$1,867+41.1%

$4,821-45.3%

$2,977-11.5%

Participant deferral / active EE

$9,700

$3,194+203.7%

$5,682+70.7%

$5,015+93.4%

Admin fee / account holder

$20

$153-86.8%

$13,212-99.8%

$145-86.1%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC6 years

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 16 · EIN 47-1411118

Consulting

$60,532

PW PARTNERS2 years

Filed as: PW PARTNERS LLC

Service code 10 · EIN 83-3323563

Accounting

$39,278

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$19,539

NATERA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATERA 401(K) 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