Overview

Plan Rating

BrightScope Rating
59
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (39)
Average in Peer Group (72)
Highest in Peer Group (91)

Plan Description

Tampa Bay Banking Company Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 59. This plan is in the top 15% of plans for Total Plan Cost. Tampa Bay Banking Company Employee Stock Ownership Plan currently has over 300 active participants and over $19.1M in plan assets.

Did you know?

For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (59) and the top rated plan (91) could equate to:
18
Additional years of work
108,589
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 601 Bayshore Boulevard Suite 625
  • Location
    Tampa , FL
  • 33606
  • Industry
    Commercial Banking
  • Administrator
    Ronald V Hernandez
  • Net Plan Assets
    $19,100,000
  • Total Participants
    320
  • Avg Account Balance
    $66,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Average
Salary Deferrals:
Poor
Account Balance:
Above Average

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Average
Salary Deferrals:
Poor
Account Balance:
Average
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

1

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Tampa Banking Company Common Stock 100%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Administration
Benefit Resources, Inc.
Auditor
Rivero Gordimer & Co, P.A.

Articles and Questions

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