401(k) · DOL Form 5500 · 2022
Shawmut Group Inc. 401(k) Plan
Data updated 2026-08-11
- $136M
- Total assets
- 815
- Participants
- 94th
- Percentile by assets
- $166,537
- Avg per participant
Official DOL plan name: Shawmut Group 401(k) Plan · Sponsored by Shawmut Group Inc. · Massachusetts · Construction
$136M in assets, 815 participants
Shawmut Group Inc.'s Shawmut Group 401(k) Plan reported $136M in total assets and 815 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 139,126 plans)
- #9,238 in Construction (9,927 peers)
Where Shawmut Group 401(k) Plan sits by assets
Shawmut Group 401(k) Plan sits in the top 10% of all filed plans by assets, $136M for 815 participants (~$166,537/participant), down 20.6% in 2022.
- $136M
- total plan assets (2022 EOY)
- 815
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $166,537
- avg assets per participant
The plan reported a net loss of $35M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Shawmut Group 401(k) Plan vs the 2022 asset distribution
By assets, Shawmut Group 401(k) Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $171M |
|---|---|
| Net Assets (End of Year) | $136M |
| Net Income | -$35M |
| Employer EIN | 813645861 |
| Plan Effective Date | 1986-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Shawmut Group Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,505 | $370M |
| 2023 | 2 | 1,538 | $433M |
| 2024 | 1 | 872 | $188M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Shawmut Group 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
- Fidelity Retirement Savings Plan $23.0B · 52,036
- Liberty Mutual 401(k) Plan $8.8B · 32,843
- Massachusetts Institute of Technology Supplemental 401(k) Plan $5.8B · 13,690
- Philips North America 401(k) Plan $5.2B · 19,750
- Boston Scientific Corporation 401(k) Retirement Savings Plan $4.9B · 18,359
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Shawmut Group 401(k) Plan by total assets, not by location.
- The Ensono 401(k) Plan (IL) $136M · 1,158
- Rhode Island Medical Imaging, Inc. Profit Sharing Plan (RI) $136M · 467
- Davis Polk Associates Savings Plan (NY) $136M · 681
- Bluegreen Vacations Corporation Retirement Savings Plan (FL) $136M · 4,992
Frequently Asked Questions
How did Shawmut Group 401(k) Plan assets move in 2022? ▼
How have Shawmut Group Inc. plan assets changed over time? ▼
Where does Shawmut Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Shawmut Group 401(k) Plan? ▼
Next read for Shawmut Group 401(k) Plan
Scale reading
Ways to act on Shawmut Group 401(k) Plan's numbers.
- By total assets, Shawmut Group 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- Shawmut Group Inc.'s sponsor-wide assets have declined 49.2% since 2022 across 3 plan years on file. More Construction plans