Plan Snapshot
- Plan Sponsor: Shands Teaching Hospital And Clinics, INC.
- Sponsor EIN: 591943502
- Sponsor Address: 1329 SW 16TH STREET, GAINESVILLE, FL, 32608
- Plan Type: 403(b)
- Total Participants: 12,706
- Total Assets: $624.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,706 | $624.7M | $0 | $57.7M |
| 2023 | 11,793 | $559.6M | $0 | $51.0M |
| 2022 | 11,144 | $479.7M | -$441 | $45.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $686,889 | — | $686,889 |
| BKS RETIREMENT SERVICES | ADVISORY | $25,000 | — | $25,000 |
| JAMES MOORE & CO. | AUDITORS | $13,000 | — | $13,000 |
| JAMES MOORE & COMPANY, PL | Auditor | $13,000 | — | $13,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- JAMES MOORE & CO. — AUDITORS
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $737,889
- Estimated Expense Ratio: 0.118% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $724,889 | $25,000 | $686,889 | $13,000 | — |
| 2023 | $662,016 | $34,000 | $628,016 | — | — |
| 2022 | $664,426 | $73,629 | $590,797 | — | — |