Nanostring Technologies Inc.401(k)
NANOSTRING TECHNOLOGIES INC. 401(K) PLAN · SEATTLE, WA · plan year 2023
Nanostring Technologies Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $76,139,398 across 876 participant accounts, with employer contributions averaging $4,586 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 233rd-largest of 1,714 plans among Washington employers on file, and the 2,317th of 13,661 in manufacturing. In 2023, employees put in $3.73 for every $1.00 the employer contributed; active participation has shrunk from 599 to 468 since 2022.
Nanostring Technologies Inc.'s 2023 employer contribution ran above the $3,659 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 200094687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.