401(k) · DOL Form 5500 · 2022
Shannon Medical Center 401(k) Plan
Data updated 2026-08-11
- $338M
- Total assets
- 3,944
- Participants
- 97th
- Percentile by assets
- $85,825
- Avg per participant
Official DOL plan name: Shannon Medical Center 401(k) Savings and Retirement Plan · Sponsored by Shannon Medical Center · Texas · Healthcare & Social Assistance
$338M in assets, 3,944 participants
Shannon Medical Center's Shannon Medical Center 401(k) Savings and Retirement Plan reported $338M in total assets and 3,944 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #19,539 in Healthcare & Social Assistance (20,060 peers)
Coverage in Texas
Shannon Medical Center 401(k) Savings and Retirement Plan covers 3,944 participants in Texas, 5.7x the typical Texas plan (state average ~688 per filing). Assets: $338M.
- $338M
- total plan assets (2022 EOY)
- 3,944
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $85,825
- avg assets per participant
The plan reported a net loss of $54M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Shannon Medical Center 401(k) Savings and Retirement Plan reports 3,944 participants - 5.7x that state average ($338M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $392M |
|---|---|
| Net Assets (End of Year) | $338M |
| Net Income | -$54M |
| Employer EIN | 752559845 |
| Plan Effective Date | 1975-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Shannon Medical Center)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,944 | $338M |
| 2023 | 1 | 3,626 | $408M |
| 2024 | 1 | 4,087 | $461M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Shannon Medical Center 401(k) Savings and Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants
- AT&T Retirement Savings Plan $37.6B · 144,503
- Exxonmobil Savings Plan $21.3B · 23,619
- Caterpillar 401(k) Savings Plan $13.8B · 38,538
- American Airlines, Inc. 401(k) Plan $12.8B · 85,577
- Dell Inc. 401(k) Plan $12.0B · 47,532
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Shannon Medical Center 401(k) Savings and Retirement Plan by total assets, not by location.
- Bright Horizons 401(k) Plan (MA) $339M · 15,039
- Nexteer Automotive Salaried 401(k) Retirement Plan (MI) $338M · 1,686
- Kelley Drye & Warren LLP Retirement Savings Plan (NY) $338M · 543
- Venable LLP 401(k) Plan a (MD) $339M · 851
Frequently Asked Questions
How did Shannon Medical Center 401(k) Savings and Retirement Plan assets move in 2022? ▼
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Filing takeaways
Ways to act on Shannon Medical Center 401(k) Savings and Retirement Plan's numbers.
- By total assets, Shannon Medical Center 401(k) Savings and Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Shannon Medical Center's sponsor-wide assets have grown 36.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans