401(k) · DOL Form 5500 · 2023

Shearwater Health 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
223
Participants Below avg headcount
49th
Percentile by assets National rank
$28,925
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Shearwater Health 401(k) Plan · Sponsored by Shearwater Health · Tennessee · Healthcare & Social Assistance

$6M in assets, 223 participants

Shearwater Health's Shearwater Health 401(k) Plan reported $6M in total assets and 223 participants in its 2023 DOL Form 5500 filing, ranking in the 49th 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.

  • #9,627 in Healthcare & Social Assistance (17,684 peers)

Coverage in Tennessee

Shearwater Health 401(k) Plan covers 223 participants in Tennessee, about 20% of the average Tennessee filer (state average ~1,126 per filing). Assets: $6M.

#9,627
in Healthcare & Social Assistance (17,684 peers)
+109.9%
assets growth YoY

Shearwater Health 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Shearwater Health 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,450,329 49th percentile higher than 49% of 127,068 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 2023

Shearwater Health 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shearwater Health 401(k) Plan sits mid-pack in the medium band (223 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shearwater Health 401(k) Plan reported net income rose from $238K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Shearwater Health 401(k) Plan end-of-year assets rose from $3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Shearwater Health 401(k) Plan reported participants fell from 274 in the plan year 2022 filing to 223 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 461581578 · Shearwater Health PY 2023 · 401(k)

Shearwater Health 401(k) Plan · $6M · 223 · 49th

  • PHOTO $6M
  • PHOTO 223
  • PHOTO 49th
  • PHOTO 401(k)
  • PHOTO near Midwest Stainless Technologies, LLC 401(k) Plan
  • PHOTO ind #9627

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 Healthcare & Social Assistance retirement plans → · Plans in Tennessee →

Shearwater Health 401(k) Plan in the asset neighbourhood

Shearwater Health 401(k) Plan$6MMidwest Stainless Technologies, LLC 401(k) PlanMidwest Stainless Technologi…$6MEnterprise Welding & Fabricating, Inc. 401(k) Retirement PlanEnterprise Welding & Fabrica…$6MAmtraco 401(k) Plan$6MGreater Midland Community Centers, Inc. Retirement Savings PlanGreater Midland Community Ce…$6M
End-of-year total assets ($M) among Shearwater Health 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$6M
Net Income$3M
Employer EIN461581578
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shearwater Health)

Sponsor-wide plan assets over time

All Shearwater Health plans reported in each filing year

Latest sponsor-wide plan assets
$10M 219.5300078941597% vs 2022
2024 filing year
$0M$5M$10M$15M 202220232024 $3.07M $9.82M ▲ +219.9%
Year Plans Participants Total Assets
2022 1 274 $3M
2023 1 223 $6M
2024 1 652 $10M

Nearby 401(k) Plans in Tennessee

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

Shearwater Health 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Shearwater Health 401(k) Plan, Total assets ($B): 0.006450329 · Participants: 223Shearwater Health 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Shearwater Health 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Shearwater Health 401(k) Plan side-by-side with 3 peers →

Shearwater Health 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Midwest Stainless Technologies, LLC 401(k) Plan in WI ($6M); by covered participants it is Pizza Wholesale of Lexington, Inc. 401(k)Retirement Savings Plan in KY (223 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (223 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Shearwater Health 401(k) Plan assets move in 2023? ▼
Shearwater Health 401(k) Plan surged - up 109.9% during 2023, from $3M to $6M. Reported net income was $3M.
How have Shearwater Health plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shearwater Health's sponsor-wide assets grew 219.5%, from $3M to $10M.
Which 401(k) plans are similar in size to Shearwater Health 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Midwest Stainless Technologies, LLC 401(k) Plan in WI ($6M, 244 participants).
Which 401(k) plans cover a similar participant headcount to Shearwater Health 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pizza Wholesale of Lexington, Inc. 401(k)Retirement Savings Plan in KY (223 participants, $13M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 461581578.

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.