BrightScope Reveals the Top 25 Tampa-St. Petersburg Area-Based Companies With the Best 401k Plans
Formerly Ranked No. 1, Carlton Fields, P.A., Falls to No. 4 on This Year's List, Replaced by Newcomer Holland & Knight LLP
(firmenpresse) - SAN DIEGO, CA -- (Marketwire) -- 07/26/12 -- BrightScope (), a leading provider of independent financial information and investment research, today announced its second annual list of the top Tampa-St. Petersburg area-based companies with the highest ranked 401k plans containing more than $50 million in assets. This year BrightScope has extended the list to include the top 25 companies.
BrightScope obtains an increasing amount of its data directly from plan sponsors and record keepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry.
"A variety of 401k components, from menu quality to the amount paid in fees, can dramatically impact the financial futures of employees," said Dan Weeks, founder and COO of BrightScope. "That is why we issue these lists -- so other companies, both Florida-based and on the national level, can use these plans as a guide for creating a robust and reliable 401k plan that sets them apart in such a competitive financial environment."
Noteworthy findings in the 2012 Top 25 Tampa-St. Petersburg Area-Based 401k Plans list include:
Times Publishing Company and Sheridan Healthcorp, Inc. did not make a second appearance on this year's list
Formerly ranked No. 1, Carlton Fields, P.A. falls to No. 4 on this year's list, replaced by newcomer Holland & Knight LLP
FCCI Services, Inc. holds its No. 2 spot again this year
Except for FCCI Services, Inc. all other companies that made a second appearance on this year's list fell at least two spots; TECO Energy, Inc. dropped two spots from No. 3 to No. 5; Anchor Glass Container Corporation fell 15 places from 4th to 19th; Raymond James Financial, Inc. slips 5 ranks from No. 8 to No. 13; The PBSJ Corporation (formerly Post, Buckley, Schuh & Jernigan, Inc.) fell three spots from 6th to 9th; The Watson Clinic LLP fell 11 places from 9th to 20th and Tech Data Corporation dropped 14 ranks from 10th to 24th
Notable Newcomers on this year's list include Syniverse Technologies, Inc.; PricewaterhouseCoopers, LLP; GE Security, Inc.; Informa Support Services, Inc. and CGI Technologies and Solutions, Inc., among others
- -
Holland & Knight LLP - - 80.48
FCCI Services, Inc. - - 79.80
Syniverse Technologies, Inc. - - 79.01
Carlton Fields, P.A. - - 76.97
TECO Energy, Inc. - - 76.89
PricewaterhouseCoopers LLP - - 76.83
Florida Progress Corporation - - 75.89
Gerdau Ameristeel US, Inc. - - 75.02
The PBSJ Corporation - - 74.98
GE Security, Inc. - - 73.94
Sun Hydraulics Corporation - - 73.16
Catalina Marketing Corporation - 73.16
Raymond James Financial, Inc. - - 73.09
Masonite Corporation - - 72.84
Roper Industries, Inc. - - 72.67
CAE USA, Inc. - - 72.56
Roper Industries, Inc. - - 71.93
Informa Support Services, Inc. - - 71.57
Anchor Glass Container Corporation - - 71.52
The Watson Clinic LLP - - 68.97
Florida Medical Clinic, P.A. - - 68.65
CGI Technologies and Solutions, Inc. - - 68.31
Jabil Circuit, Inc. - 67.73
Tech Data Corporation - - 66.81
Gerdau Ameristeel US, Inc. - - 66.81
BrightScope's 401k plan Rating was developed by BrightScope, Inc. with the help of leading academics and independent 401k fiduciaries. Analyzing more than 200 individual data points, the BrightScope Rating algorithm can calculate a single numerical score for each 401k plan in the country. The data points examined cover broad categories such as total plan cost, company generosity and investment menu quality.
BrightScope has rated nearly 50,000 401k plans, spanning more than 30 million workers and over $2 trillion in assets. Industry adoption of the BrightScope Rating will lead to more cost-effective plans, increased participation rates, higher employee satisfaction and better outcomes for the 60 million employees who depend on their 401k plan for retirement.
BrightScope is a financial information company that brings transparency to opaque markets through independent research and analysis. Delivered through web-based software, BrightScope data drives better decision-making for individual investors, corporate plan sponsors, asset managers, broker-dealers, and financial advisors. The BrightScope Rating™, developed in partnership with leading independent 401k fiduciaries, reviews more than 200 unique data inputs per plan and calculates a single numerical score which defines plan quality at the company level. In April 2011, the company launched BrightScope Advisor Pages™, the first comprehensive and publicly available directory of financial advisors designed to help consumers discover information and conduct due diligence on wealth management professionals. BrightScope also markets a suite of data analytics software products to Fortune 1000 companies, asset managers, broker-dealers, financial advisors, and other market participants. Public ratings for more than 46,000 retirement plans as well as rating definitions, criteria and methodologies, and information on more than 770,000 financial advisors and nearly 50,000 advisory firms are available for free at .
Katie Carlson
Atomic PR for BrightScope
415-593-1400
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Datum: 26.07.2012 - 07:00 Uhr
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