Retirement plan

STANDARD BIOTOOLS INC. 401(K) PLAN

Name: STANDARD BIOTOOLS INC. - STANDARD BIOTOOLS INC. 401(K) PLAN (2022) Form 5500
Creator: STANDARD BIOTOOLS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STANDARD BIOTOOLS INC. 401(K) PLAN, STANDARD BIOTOOLS INC.

STANDARD BIOTOOLS INC.EIN 77-0513190Plan #001PY 2022

2 TOWER PL, SUITE 2000 - SOUTH SAN FRANCISCO, CA 94080650-266-6000standardbio.comLinkedIn501-1000 employeesbiotechnology

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$40.9M

-15.8% from 2021

Total participants

354

-8.1% from 2021

Average account balance

$117,113

-8.1% from 2021

Annual return

-16.01%

-34.24 pp from 2021

Benchmarks

See 4,067 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,067 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$48.42M

Not enough data

1 years with asset history on file

Average account balance

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

$145K

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.

335

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.

85.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+17.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$62

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
PRECEPT ADVISORY GROUP2 years Filed as: PRECEPT Service code 27 · EIN 56-1623293	Advisory (Plan)	$37,500
ARMANINO LLP1 year Service code 27 · EIN 94-6214841	Advisory (Plan)	$25,200
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Service code 37 · EIN 04-2647786	Loan Processing	-$6,200

Plan features & details

Pension benefit codes2F2G2J2T3D2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$57K

$425 / participant

Other / not subdivided$57K100.0%

% of EOY assets

0.138%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ARMANINO LLP
Auditor EIN: 946214841
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,113

$65,453+78.9%

$86,698+35.1%

$66,938+75.0%

Participation rate

96.2%

75.5%+20.8pp

76.6%+19.7pp

69.8%+26.4pp

Annual return

-16.01%

-10.89%-5.1pp

35.95%-52.0pp

1.58%-17.6pp

Employer contribution / active EE

$4,781

$2,154+122.0%

$2,837+68.5%

$2,545+87.8%

Participant deferral / active EE

$24,674

$4,102+501.5%

$4,656+429.9%

$4,238+482.2%

Admin fee / account holder

$162

$642-74.8%

$7,493-97.8%

$594-72.7%

Provider

Service type

Compensation

PRECEPT ADVISORY GROUP2 years

Filed as: PRECEPT

Service code 27 · EIN 56-1623293

Advisory (Plan)

$37,500

ARMANINO LLP1 year

Service code 27 · EIN 94-6214841

Advisory (Plan)

$25,200

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$6,200

STANDARD BIOTOOLS INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STANDARD BIOTOOLS INC. 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