401(k) · DOL Form 5500 · 2022

Smith and Nephew, Inc. 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
6,924
Participants Above avg headcount
99th
Percentile by assets National rank
$163,320
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Smith & Nephew U.S. Savings Plan · Sponsored by Smith and Nephew, Inc. · Tennessee · Manufacturing

$1.1B in assets, 6,924 participants

Smith and Nephew, Inc.'s Smith & Nephew U.S. Savings Plan reported $1.1B in total assets and 6,924 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #20,238 in Manufacturing (20,602 peers)

Coverage in Tennessee

Smith & Nephew U.S. Savings Plan covers 6,924 participants in Tennessee, 6.1x the typical Tennessee plan (state average ~1,126 per filing). Assets: $1.1B.

#20,238
in Manufacturing (20,602 peers)
-16.8%
assets change YoY
11×
vs typical plan assets (national mean)

The plan reported a net loss of $229M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Smith & Nephew U.S. Savings Plan's outsized position by total assets

Smith & Nephew U.S. Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,130,828,812 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Smith & Nephew U.S. Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Smith & Nephew U.S. Savings Plan lands in the large band (6,924 participants).

DOL schedule card

Filing strip 510123924 · Smith and Nephew, Inc. PY 2022 · 401(k)

Smith & Nephew U.S. Savings Plan · $1.1B · 6,924 · 99th

  • EBSA $1.1B
  • EBSA 6,924
  • EBSA 99th
  • EBSA 401(k)
  • EBSA near Lennar Corporation 401(k) Plan
  • EBSA ind #20238

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Tennessee →

Smith & Nephew U.S. Savings Plan in the asset neighbourhood

Smith & Nephew U.S. Savings PlanSmith & Nephew U.S. Savings …$1.1BLennar Corporation 401(k) PlanLennar Corporation 401(k) Pl…$1.1BZimmer Biomet Holdings, Inc. Savings and Investment 401(k) ProgramZimmer Biomet Holdings, Inc.…$1.1BMarmon Employees' Retirement PlanMarmon Employees' Retirement…$1.1BSkadden Arps Slate Meagher & Flom Savings PlanSkadden Arps Slate Meagher &…$1.1B
End-of-year total assets ($B) among Smith & Nephew U.S. Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.1B
Net Income-$229M
Employer EIN510123924
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smith and Nephew, Inc.)

Sponsor-wide plan assets over time

All Smith and Nephew, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 1.7210419733010383% vs 2022
2024 filing year
$1.45B$1.5B$1.55B$1.6B$1.65B 202220232024 $1.49B $1.52B ▲ +2.0%
Year Plans Participants Total Assets
2022 2 7,420 $1.5B
2023 2 7,580 $1.6B
2024 2 6,745 $1.5B

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Smith & Nephew U.S. Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 0510152025 Total assets ($B) Participants Smith & Nephew U.S. Savings Plan, Total assets ($B): 1.130828812 · Participants: 6924Smith & Nephew U.S. Savings PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Smith & Nephew U.S. Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Smith & Nephew U.S. Savings Plan side-by-side with 3 peers →

Scale composition for Smith & Nephew U.S. Savings Plan

Smith & Nephew U.S. Savings Plan reports $1.1B in end-of-year assets across 6,924 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $163,320 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2022 was -$229M.

This plan identity (EIN 510123924, plan #008) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.5B (+34.4%) while covered participants moved from 6,924 to 6,667 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,924 $1.1B This page
2023 7,159 $1.4B Open filing
2024 · index core 6,667 $1.5B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Smith & Nephew U.S. Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Lennar Corporation 401(k) Plan in FL ($1.1B); by covered participants it is Ufcw Local Union 1189 and St. Paul Food Employers Defined Contribution Plan in MN (6,925 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,924 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Smith & Nephew U.S. Savings Plan assets move in 2022? ▼
Smith & Nephew U.S. Savings Plan declined sharply - down 16.8% during 2022, from $1.4B to $1.1B. Reported net income was -$229M.
How have Smith and Nephew, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Smith and Nephew, Inc.'s sponsor-wide assets grew 1.7%, from $1.5B to $1.5B.
Where does Smith & Nephew U.S. Savings Plan rank by assets among Form 5500 filers? ▼
Smith & Nephew U.S. Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Smith & Nephew U.S. Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lennar Corporation 401(k) Plan in FL ($1.1B, 9,980 participants).
Which 401(k) plans cover a similar participant headcount to Smith & Nephew U.S. Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ufcw Local Union 1189 and St. Paul Food Employers Defined Contribution Plan in MN (6,925 participants, $167M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 510123924.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.