Retirement plan

FINEMARK NATIONAL BANK & TRUST 401(K) PLAN

Name: FINEMARK NATIONAL BANK & TRUST - FINEMARK NATIONAL BANK & TRUST 401(K) PLAN (2025) Form 5500
Creator: FINEMARK NATIONAL BANK & TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FINEMARK NATIONAL BANK & TRUST 401(K) PLAN, FINEMARK NATIONAL BANK & TRUST

FINEMARK NATIONAL BANK & TRUSTEIN 20-8075599Plan #001PY 2025

8695 COLLEGE PARKWAY, SUITE 100 - FORT MYERS, FL 33919239-461-5900finemarkbank.comLinkedIn51-200 employeesbanking

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$49.9M

+23.1% from 2024

Total participants

315

+2.9% from 2024

Average account balance

$173,432

+19.3% from 2024

Annual return

18.04%

-3.37 pp from 2024

Benchmarks

See 336 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort336 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$49.95M

Not enough data

1 years with asset history on file

Average account balance

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

$173K

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.

288

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.

90.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.14M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+18.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$45

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28	Investment Management	$10,237
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA Service code 64	Recordkeeping Fees	$6,038
PROGRESSIVE PENSION ADMIN., INC.10+ years Service code 13 4560 VIA ROYALE STE 4A · FORT MYERS, FL 33919	Contract Administrator	$2,090
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782	Securities brokerage	$645

Plan features & details

Pension benefit codes2E2F2G2J2K2R3D

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$13K

$45 / participant

Contract admin$13K100.0%

% of EOY assets

0.026%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HACKER, JOHNSON & SMITH, P.A.
Auditor EIN: 592153385
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$173,432

$130,224+33.2%

$197,124-12.0%

$79,634+117.8%

Participation rate

90.6%

87.8%+2.8pp

86.7%+3.9pp

62.5%+28.1pp

Annual return

18.04%

23.65%-5.6pp

44.34%-26.3pp

36.46%-18.4pp

Employer contribution / active EE

$6,018

$4,314+39.5%

$6,227-3.4%

$2,529+137.9%

Participant deferral / active EE

$11,812

$7,378+60.1%

$9,135+29.3%

$3,835+208.0%

Admin fee / account holder

$45

$254-82.1%

$16,298-99.7%

$1,002-95.5%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

Investment Management

$10,237

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA

Service code 64

Recordkeeping Fees

$6,038

PROGRESSIVE PENSION ADMIN., INC.10+ years

Service code 13

4560 VIA ROYALE STE 4A · FORT MYERS, FL 33919

Contract Administrator

$2,090

CHARLES SCHWAB & CO., INC.2 years

Service code 33 · EIN 94-1737782

Securities brokerage

$645

FINEMARK NATIONAL BANK & TRUST 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FINEMARK NATIONAL BANK & TRUST 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