Other · DOL Form 5500 · 2022

Shands Teaching Hospital and Clinics, Inc. Retirement Plan

Data updated 2026-08-11

$480M
Total assets
10,522
Participants
98th
Percentile by assets
$45,594
Avg per participant
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Official DOL plan name: Shands Healthcare Matched Savings Account 403(b) · Sponsored by Shands Teaching Hospital and Clinics, Inc. · Florida · Healthcare & Social Assistance

$480M in assets, 10,522 participants

Shands Teaching Hospital and Clinics, Inc.'s Shands Healthcare Matched Savings Account 403(b) reported $480M in total assets and 10,522 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #19,663 in Healthcare & Social Assistance (20,060 peers)

Coverage in Florida

Shands Healthcare Matched Savings Account 403(b) covers 10,522 participants in Florida, 17x the typical Florida plan (state average ~628 per filing). Assets: $480M.

$480M
total plan assets (2022 EOY)
10,522
covered participants
98th
percentile by assets (of 139,126 plans)
$45,594
avg assets per participant

The plan reported a net loss of $48M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Shands Healthcare Matched Savings Account 403(b) reports 10,522 participants - 17x that state average ($480M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$528M
Net Assets (End of Year)$480M
Net Income-$48M
Employer EIN591943502
Plan Effective Date2002-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shands Teaching Hospital and Clinics, Inc.)

$1.8B$1.9B$2B$2.1B 202220232024 $1.83B $2.07B â–˛ +13.1%
Total plan assets by year, all Shands Teaching Hospital and Clinics, Inc. plans on file
Year Plans Participants Total Assets
2022 3 22,571 $1.8B
2023 3 23,391 $2.0B
2024 3 24,527 $2.1B

Nearby Other Plans in Florida

Peer Other plans, same state, same plan type, ranked by total assets.

Shands Healthcare Matched Savings Account 403(b) vs. nearby Other plans in Florida, assets vs. participants

Shands Healthcare Matched Savings Account 403(b) vs. nearby Other plans in Florida, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 00.511.52 Total assets ($B) Participants Shands Healthcare Ma…Baptist Health South…University of Miami …Orlando Health Retir…Defined Contribution…The Nemours Foundati…
Shands Healthcare Matched Savings Account 403(b) vs. nearby Other plans in Florida, assets vs. participants

Scale composition for Shands Healthcare Matched Savings Account 403(b)

Shands Healthcare Matched Savings Account 403(b) reports $480M in end-of-year assets across 10,522 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $45,594 per participant (33% of the national average assets-per-participant) . Net income for plan year 2022 was -$48M.

This plan identity (EIN 591943502, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $480M to $625M (+30.2%) while covered participants moved from 10,522 to 11,793 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,522 $480M This page
2023 11,144 $560M Open filing
2024 · index core 11,793 $625M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized Other Plans Nationally

Other plans in other states closest to Shands Healthcare Matched Savings Account 403(b) by total assets, not by location.

Frequently Asked Questions

How did Shands Healthcare Matched Savings Account 403(b) assets move in 2022?
Shands Healthcare Matched Savings Account 403(b) pulled back noticeably - down 9.2% during 2022, from $528M to $480M. Reported net income was -$48M.
How have Shands Teaching Hospital and Clinics, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shands Teaching Hospital and Clinics, Inc.'s sponsor-wide assets grew 13.4%, from $1.8B to $2.1B.
Where does Shands Healthcare Matched Savings Account 403(b) rank by assets among Form 5500 filers?
Shands Healthcare Matched Savings Account 403(b) ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Shands Healthcare Matched Savings Account 403(b)?
Among Other plans in other states, the closest by assets is Valley Children's Hospital Defined Contribution Retirement Plan in CA ($479M, 3,374 participants).

Next read for Shands Healthcare Matched Savings Accoun…

Filing takeaways

Ways to act on Shands Healthcare Matched Savings Account 403(b)'s numbers.