401(k) · DOL Form 5500 · 2022

Hanger, Inc. 401(k) Plan

Data updated 2026-08-11

$501M
Total assets
5,364
Participants
98th
Percentile by assets
$93,453
Avg per participant
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Official DOL plan name: Hanger, Inc. 401(k) Savings Plan · Sponsored by Hanger, Inc. · Texas · Healthcare & Social Assistance

$501M in assets, 5,364 participants

Hanger, Inc.'s Hanger, Inc. 401(k) Savings Plan reported $501M in total assets and 5,364 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)
  • #19,673 in Healthcare & Social Assistance (20,060 peers)

Coverage in Texas

Hanger, Inc. 401(k) Savings Plan covers 5,364 participants in Texas, 7.8x the typical Texas plan (state average ~688 per filing). Assets: $501M.

$501M
total plan assets (2022 EOY)
5,364
covered participants
98th
percentile by assets (of 139,126 plans)
$93,453
avg assets per participant

The plan reported a net loss of $73M 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. Hanger, Inc. 401(k) Savings Plan reports 5,364 participants - 7.8x that state average ($501M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$574M
Net Assets (End of Year)$501M
Net Income-$73M
Employer EIN840904275
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanger, Inc.)

$400M$500M$600M$700M$800M 202220232024 $501M $709M ▲ +41.5%
Total plan assets by year, all Hanger, Inc. plans on file
Year Plans Participants Total Assets
2022 1 5,364 $501M
2023 1 5,681 $601M
2024 1 6,055 $709M

Nearby 401(k) Plans in Texas

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

Hanger, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Hanger, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Hanger, Inc. 401(k) …AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Hanger, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Hanger, Inc. 401(k) Savings Plan

Hanger, Inc. 401(k) Savings Plan reports $501M in end-of-year assets across 5,364 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $93,453 per participant (68% of the national average assets-per-participant) . Net income for plan year 2022 was -$73M.

This plan identity (EIN 840904275, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $501M to $709M (+41.5%) while covered participants moved from 5,364 to 6,055 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,364 $501M This page
2023 5,681 $601M Open filing
2024 · index core 6,055 $709M Open filing

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hanger, Inc. 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Hanger, Inc. 401(k) Savings Plan assets move in 2022?
Hanger, Inc. 401(k) Savings Plan pulled back noticeably - down 12.7% during 2022, from $574M to $501M. Reported net income was -$73M.
How have Hanger, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hanger, Inc.'s sponsor-wide assets grew 41.5%, from $501M to $709M.
Where does Hanger, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers?
Hanger, Inc. 401(k) Savings Plan 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 401(k) plans are similar in size to Hanger, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Baker Donelson Bearman Caldwell & Berkowitz Retirement Savings Plan in TN ($501M, 1,040 participants).

Filing takeaways

Ways to act on Hanger, Inc. 401(k) Savings Plan's numbers.