Retirement plan

OXFORD NANOPORE 401(K)

Name: OXFORD NANOPORE TECHNOLOGIES, INC. - OXFORD NANOPORE 401(K) (2024) Form 5500
Creator: OXFORD NANOPORE TECHNOLOGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OXFORD NANOPORE 401(K), OXFORD NANOPORE TECHNOLOGIES, INC.

OXFORD NANOPORE TECHNOLOGIES, INC.EIN 45-3413050Plan #001PY 2024

101 6TH AVENUE, FLOOR 7 - NEW YORK, NY 10013212-202-1712

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$13.8M

+67.4% from 2023

Total participants

233

+30.2% from 2023

Average account balance

$66,291

+29.6% from 2023

Annual return

22.30%

-5.83 pp from 2023

Benchmarks

See 6,278 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,278 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.79M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

208

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.

87.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+22.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$348

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
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399	Recordkeeping	$44,237
ADMIN. GROUP, LLC DBA TAG RESOURCES2 years Service code 15 · EIN 42-1484983	Recordkeeping	$23,882
RPA FINANCIAL, LLC2 years Filed as: RPA FINANCIAL LLC Service code 27 · EIN 83-1143379	Advisory (Plan)	$4,362

Plan features & details

Pension benefit codes2E2J2K2F2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$72K

$361 / participant

Recordkeeping$68K94.0%
Investment mgmt$4K6.0%

% of EOY assets

0.526%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COULTER & JUSTUS
Auditor EIN: 621532536
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,291

$101,672-34.8%

$147,117-54.9%

$74,478-11.0%

Participation rate

87.6%

75.5%+12.0pp

82.2%+5.4pp

67.2%+20.3pp

Annual return

22.30%

8757.83%-8735.5pp

420.54%-398.2pp

1370.56%-1348.3pp

Employer contribution / active EE

$8,717

$3,813+128.6%

$4,932+76.7%

$2,626+231.9%

Participant deferral / active EE

$13,032

$7,305+78.4%

$8,065+61.6%

$4,350+199.6%

Admin fee / account holder

$348

$1,753-80.1%

$12,993-97.3%

$1,946-82.1%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TRANSAMERICA FINANCIAL LIFE INS

Service code 15 · EIN 36-6071399

Recordkeeping

$44,237

ADMIN. GROUP, LLC DBA TAG RESOURCES2 years

Service code 15 · EIN 42-1484983

Recordkeeping

$23,882

RPA FINANCIAL, LLC2 years

Filed as: RPA FINANCIAL LLC

Service code 27 · EIN 83-1143379

Advisory (Plan)

$4,362

OXFORD NANOPORE 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OXFORD NANOPORE 401(K)

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