Mote Marine Laboratory, Inc.

61
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
61
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (33)
Average in Peer Group (70)
Highest in Peer Group (88)

Plan Description

Mote Marine Laboratory Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Mote Marine Laboratory Retirement Plan currently has over 300 active participants and over $22.5M in plan assets.

Did you know?

For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (61) and the top rated plan (88) could equate to:
15
Additional years of work
130,946
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 6/30/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1600 Ken Thompson Pkwy
  • Location
    Sarasota , FL
  • 34236
  • Industry
    Professional, Scientific, and Technical Services
  • Administrator
    Dena Smith
  • Net Plan Assets
    $22,500,000
  • Total Participants
    330
  • Avg Account Balance
    $91,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Above Average
Account Balance:
Above Average

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Average
Account Balance:
Above Average

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

34

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
VALIC Guaranteed Investment Contract 36%
N/A
Vanguard Group Target Retirement 35%
34%
Vanguard 500 Index 4%
13%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Valic
Insurance Advisor/Broker
Ryan Henry Dewitt
Insurance Advisor/Broker
David Glen Dewitt
Insurance Advisor/Broker
Harris, Trent
Insurance Advisor/Broker
Coleman Ii, Millard P
Insurance Advisor/Broker
Vince Sorrentino
Insurance Advisor/Broker
Ellis Gallimore
Insurance Advisor/Broker
Hukak, Gregg A
Legal Counsel
Valic
Recordkeeper
Valic
Investment Adviser
Valic
Auditor
Kerkering, Barberio & Co, Pa

Articles and Questions

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