Plan Ledger DOL Form 5500 · updated monthly

Seacoast National Bank401(k)

RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF SEACOAST NATIONAL BANK · STUART, FL · plan year 2025

Reported admin expense ratio · 2025
0.16%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Seacoast National Bank reported $257,071 in plan administrative expenses for 2025: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,701 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.28% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 201st-largest of 3,644 plans among Florida employers on file, and the 634th of 4,798 in finance & insurance. In 2025, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 1,433 to 2,018 since 2022.

Plan summary
Net assets, end of year$178,402,359
Participants with balances2,290
Active participants2,018
Employer contributions$5,450,417
Employee contributions$12,752,781
Employer contribution per active participant$2,701
Average account balance$77,905
Benefits paid to participants$12,119,409
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history4
Yearassets · accounts · employer contribution
2025$178.4M · 2,290 accts · $5.5M emplr
2024$133.7M · 1,790 accts · $5.5M emplr
2023$118.2M · 1,893 accts · $4.9M emplr
2022$87.9M · 1,876 accts · $3.5M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$166,421
Investment management$25,100
Audit (IQPA)$65,000
Total administrative$257,071
The Seacoast National Bank 401(k) match · 2025
Employer contribution per active participant$2,701
Median for plans this size$4,093
2025$2,701 per active participant
2024$3,629 per active participant
2023$3,178 per active participant
2022$2,429 per active participant

Seacoast National Bank's 2025 employer contribution ran below the $4,093 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.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$163,404
CROWE LLP · Accounting / audit$65,000
ONEAMERICA INV ADV SERVICES, LLC · Investment management$25,100
VOYA RETIREMENT INSURANCE & ANNUITY · Contract administrator$3,017
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025OneAmerica
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$257,071 · 0.16%
2024$256,436 · 0.20%
2023$193,672 · 0.19%
2022$263,884 · 0.28%
Same employer
Similar plansFinance & Insurance · Florida
Bayview Asset Management LLC FL$230.0M · 0.11%
Vystar Credit Union FL$175.7M · 0.08%
Emigrant Bank FL$162.3M · 0.10%
Amerant Bank, N.A. FL$141.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590193820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.