Defined Benefit (Pension) · DOL Form 5500 · 2022

Shands Teaching Hospital and Clinics, Inc. Pension Plan

Data updated 2026-08-06

$997M
Total assets
2,563
Participants
99th
Percentile by assets
$388,999
Avg per participant
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Official DOL plan name: Shands Healthcare Pension Plan II · Sponsored by Shands Teaching Hospital and Clinics, Inc. · Florida · Healthcare & Social Assistance

$997M in assets, 2,563 participants

Shands Teaching Hospital and Clinics, Inc.'s Shands Healthcare Pension Plan II reported $997M in total assets and 2,563 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.

  • 99th percentile by assets (of 139,258 plans)
  • #19,915 in Healthcare & Social Assistance (20,087 peers)

Coverage in Florida

Shands Healthcare Pension Plan II covers 2,563 participants in Florida, 4.1x the typical Florida plan (state average ~631 per filing). Assets: $997M.

$997M
total plan assets (2022 EOY)
2,563
covered participants
99th
percentile by assets (of 139,258 plans)
$388,999
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. Shands Healthcare Pension Plan II reports 2,563 participants - 4.1x that state average ($997M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$979M
Net Assets (End of Year)$914M
Net Income-$2M
Employer EIN591943502
Plan Effective Date2018-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shands Teaching Hospital and Clinics, Inc.)

$1B$1.5B$2B$2.5B 202220232024 $1.83B $1.11B ▼ -39.3%
Total plan assets by year, all Shands Teaching Hospital and Clinics, Inc. plans on file
Year Plans Participants Total Assets
2022 3 22,571 $1.8B
2023 3 23,391 $2.0B
2024 2 22,263 $1.1B

Nearby Defined Benefit (Pension) Plans in Florida

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

Shands Healthcare Pension Plan II vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants

Shands Healthcare Pension Plan II vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 02468 Total assets ($B) Participants Shands Healthcare Pe…L3harris Aviation Pr…Nextera Energy, Inc.…Csx Pension PlanRetirement Benefit A…Pricewaterhousecoope…
Shands Healthcare Pension Plan II vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Shands Healthcare Pension Plan II by total assets, not by location.

Frequently Asked Questions

How did Shands Healthcare Pension Plan II assets move in 2022?
Shands Healthcare Pension Plan II edged up modestly - up 1.8% during 2022, from $979M to $997M. Reported net income was -$2M.
How have Shands Teaching Hospital and Clinics, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shands Teaching Hospital and Clinics, Inc.'s sponsor-wide assets declined 39.1%, from $1.8B to $1.1B.
Where does Shands Healthcare Pension Plan II rank by assets among Form 5500 filers?
Shands Healthcare Pension Plan II ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Shands Healthcare Pension Plan II?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ncr Pension Plan in GA ($998M, 1,051 participants).

Filing takeaways

Ways to act on Shands Healthcare Pension Plan II's numbers.