401(k) · DOL Form 5500 · 2023

Shoals Primary Care, LLC 401(k) Plan

Data updated 2026-08-25

$947K
Total assets Small plan by assets
105
Participants Small participant base
23rd
Percentile by assets National rank
$9,016
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Shoals Primary Care Retirement Plan · Sponsored by Shoals Primary Care, LLC · Alabama · Healthcare & Social Assistance

$947K in assets, 105 participants

Shoals Primary Care, LLC's Shoals Primary Care Retirement Plan reported $947K in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 23rd 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.

  • #3,335 in Healthcare & Social Assistance (17,684 peers)

Coverage in Alabama

Shoals Primary Care Retirement Plan covers 105 participants in Alabama, about 29% of the average Alabama filer (state average ~360 per filing). Assets: $947K.

#3,335
in Healthcare & Social Assistance (17,684 peers)
+34.3%
assets growth YoY

Shoals Primary Care Retirement Plan among the smaller filed plans by assets

Shoals Primary Care Retirement Plan vs every filed plan by assets

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

$946,697 23rd percentile higher than 23% 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

Shoals Primary Care Retirement 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. Shoals Primary Care Retirement Plan sits mid-pack in the medium band (105 participants).

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 $242K 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 $947K in the plan year 2023 filing.
  • Shoals Primary Care Retirement Plan reported participants fell from 109 in the plan year 2022 filing to 105 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 270952681 · Shoals Primary Care, LLC PY 2023 · 401(k)

Shoals Primary Care Retirement Plan · $947K · 105 · 23rd

  • VS-ST $947K
  • VS-ST 105
  • VS-ST 23rd
  • VS-ST 401(k)
  • VS-ST near Classen Family Dentistry, PC 401(k)
  • VS-ST ind #3335

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 Alabama →

Shoals Primary Care Retirement Plan in the asset neighbourhood

Shoals Primary Care Retirement PlanShoals Primary Care Retireme…$947KClassen Family Dentistry, PC 401(k)Classen Family Dentistry, PC…$947KInfinity Corrosion Group, Inc. 401(k) PlanInfinity Corrosion Group, In…$947KJepsen Investments, Inc. 401(k) Plan and TrustJepsen Investments, Inc. 401…$947KCurvafix 401(k) Plan$947K
End-of-year total assets ($M) among Shoals Primary Care Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$705K
Net Assets (End of Year)$947K
Net Income$242K
Employer EIN270952681
Plan Effective Date2010-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shoals Primary Care, LLC)

Sponsor-wide plan assets over time

All Shoals Primary Care, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$3M 170.63413087463826% vs 2022
2023 filing year
$0M$1M$2M$3M$4M 20222023 $1.12M $3.02M ▲ +169.6%
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 ($B) Participants Shoals Primary Care Retirement Plan, Total assets ($B): 0.000946697 · Participants: 105Shoals Primary Care Retirement PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
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 →

Shoals Primary Care Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Classen Family Dentistry, PC 401(k) in OK ($947K); by covered participants it is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($947K here).

Similar participant headcount

Nearest other-state filings by covered participants (105 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 Shoals Primary Care Retirement Plan assets move in 2023? ▼
Shoals Primary Care Retirement Plan surged - up 34.3% during 2023, from $705K to $947K. Reported net income was $242K.
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 23rd 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 Classen Family Dentistry, PC 401(k) in OK ($947K, 5 participants).
Which 401(k) plans cover a similar participant headcount to Shoals Primary Care Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants, $6M 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 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.