Defined Benefit (Pension) · DOL Form 5500 · 2022

Smith & Nephew, Inc. Pension Plan

Data updated 2026-08-11

$363M
Total assets
496
Participants
97th
Percentile by assets
$731,871
Avg per participant
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Official DOL plan name: Smith & Nephew U.S. Pension Plan · Sponsored by Smith & Nephew, Inc. · Tennessee · Manufacturing

$363M in assets, 496 participants

Smith & Nephew, Inc.'s Smith & Nephew U.S. Pension Plan reported $363M in total assets and 496 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)
  • #19,670 in Manufacturing (20,602 peers)

Coverage in Tennessee

Smith & Nephew U.S. Pension Plan covers 496 participants in Tennessee, about 44% of the average Tennessee filer (state average ~1,126 per filing). Assets: $363M.

$363M
total plan assets (2022 EOY)
496
covered participants
97th
percentile by assets (of 139,126 plans)
$731,871
avg assets per participant

The plan reported a net loss of $140M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Smith & Nephew U.S. Pension Plan sits by total assets

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

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

$363,007,852 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Smith & Nephew U.S. Pension Plan reports 496 participants - about 44% of that state average ($363M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$503M
Net Assets (End of Year)$363M
Net Income-$140M
Employer EIN510123924
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smith & Nephew, Inc.)

$1.45B$1.5B$1.55B$1.6B$1.65B 202220232024 $1.49B $1.52B ▲ +2.0%
Total plan assets by year, all Smith & Nephew, Inc. plans on file
Year Plans Participants Total Assets
2022 2 7,420 $1.5B
2023 2 7,580 $1.6B
2024 2 6,745 $1.5B

Nearby Defined Benefit (Pension) Plans in Tennessee

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Smith & Nephew U.S. Pension Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Smith & Nephew U.S. …, Total assets ($B): 0.363007852 · Participants: 496Smith & Nephew U.S. …Fedex Corporation Em…, Total assets ($B): 25.607567505 · Participants: 119742Fedex Corporation Em…Retirement Plan of I…, Total assets ($B): 8.844607131 · Participants: 20914Retirement Plan of I…Pension Plan for Emp…, Total assets ($B): 2.326549411 · Participants: 5460Pension Plan for Emp…Retirement Program P…, Total assets ($B): 2.039541449 · Participants: 2920Retirement Program P…Nissan Employee Reti…, Total assets ($B): 1.533696203 · Participants: 4575Nissan Employee Reti…
Smith & Nephew U.S. Pension Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Smith & Nephew U.S. Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Smith & Nephew U.S. Pension Plan assets move in 2022?
Smith & Nephew U.S. Pension Plan declined sharply - down 27.9% during 2022, from $503M to $363M. Reported net income was -$140M.
How have Smith & Nephew, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Smith & Nephew, Inc.'s sponsor-wide assets grew 1.7%, from $1.5B to $1.5B.
Where does Smith & Nephew U.S. Pension Plan rank by assets among Form 5500 filers?
Smith & Nephew U.S. Pension Plan ranks in the 97th 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 Defined Benefit (Pension) plans are similar in size to Smith & Nephew U.S. Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Blue Bell Creameries, Inc. Pension Plan in TX ($362M, 2,812 participants).

Next read for Smith & Nephew U.S. Pension Plan

Filing takeaways

Ways to act on Smith & Nephew U.S. Pension Plan's numbers.

  • By total assets, Smith & Nephew U.S. Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Tennessee. Compare plans
  • Smith & Nephew, Inc.'s sponsor-wide assets have grown 1.7% since 2022 across 3 plan years on file. More Manufacturing plans