401(k) · DOL Form 5500 · 2023

Shoals Primary Care, LLC 401(k) Plan

Data updated 2026-08-11

$705K
Total assets
117
Participants
21st
Percentile by assets
$6,026
Avg per participant
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Official DOL plan name: Shoals Primary Care Retirement Plan · Sponsored by Shoals Primary Care, LLC · Alabama · Healthcare & Social Assistance

$705K in assets, 117 participants

Shoals Primary Care, LLC's Shoals Primary Care Retirement Plan reported $705K in total assets and 117 participants in its 2023 DOL Form 5500 filing, ranking in the 21st 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.

  • 21st percentile by assets (of 127,072 plans)
  • #2,858 in Healthcare & Social Assistance (17,684 peers)

Coverage in Alabama

Shoals Primary Care Retirement Plan covers 117 participants in Alabama, about 33% of the average Alabama filer (state average ~360 per filing). Assets: $705K.

$705K
total plan assets (2023 EOY)
117
covered participants
21st
percentile by assets (of 127,072 plans)
$6,026
avg assets per participant

Where Shoals Primary Care Retirement Plan sits by total assets

Shoals Primary Care Retirement Plan vs every filed plan by assets

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

$705,035 21st percentile higher than 21% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shoals Primary Care Retirement Plan reported net income rose from -$125K in the plan year 2022 filing to $198K in the plan year 2023 filing.
  • Shoals Primary Care Retirement Plan end-of-year assets fell from $1M in the plan year 2022 filing to $705K in the plan year 2023 filing.
  • Shoals Primary Care Retirement Plan reported participants rose from 109 in the plan year 2022 filing to 117 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Alabama
Industry
Healthcare & Social Assistance

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Shoals Primary Care Retirement Plan reports 117 participants - about 33% of that state average ($705K EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)$507K
Net Assets (End of Year)$705K
Net Income$198K
Employer EIN270952681
Plan Effective Date2010-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shoals Primary Care, LLC)

$0M$1M$2M$3M$4M 20222023 $1.12M $3.02M ▲ +169.6%
Total plan assets by year, all Shoals Primary Care, LLC plans on file
Year Plans Participants Total Assets
2022 1 109 $1M
2023 3 326 $3M

Nearby 401(k) Plans in Alabama

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

Shoals Primary Care Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Shoals Primary Care …, Total assets ($B): 0.000705035 · Participants: 117Shoals Primary Care …Regions Financial Co…, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Co…Encompass Health Cor…, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Cor…Hexagon Employee Ret…, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Ret…Vulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. I…, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. I…
Shoals Primary Care Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Shoals Primary Care Retirement Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Shoals Primary Care Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Shoals Primary Care Retirement Plan assets move in 2023? ▼
Shoals Primary Care Retirement Plan surged - up 39.1% during 2023, from $507K to $705K. Reported net income was $198K.
How have Shoals Primary Care, LLC plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Shoals Primary Care, LLC's sponsor-wide assets grew 170.6%, from $1M to $3M.
Where does Shoals Primary Care Retirement Plan rank by assets among Form 5500 filers? ▼
Shoals Primary Care Retirement Plan ranks in the 21st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Shoals Primary Care Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sky National Associates Retirement Plan in NY ($705K, 4 participants).

Next read for Shoals Primary Care Retirement Plan

Filing takeaways

Ways to act on Shoals Primary Care Retirement Plan's numbers.

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 270952681.

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.