401(k) · DOL Form 5500 · 2023

Shannon Medical Center 401(k) Plan

Data updated 2026-08-25

$408M
Total assets Above avg plan size
3,626
Participants Above avg headcount
97th
Percentile by assets National rank
$112,582
Avg per participant Below avg balance/head
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Official DOL plan name: Shannon Medical Center 401(k) Savings and Retirement Plan · Sponsored by Shannon Medical Center · Texas · Healthcare & Social Assistance

$408M in assets, 3,626 participants

Shannon Medical Center's Shannon Medical Center 401(k) Savings and Retirement Plan reported $408M in total assets and 3,626 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #17,188 in Healthcare & Social Assistance (17,684 peers)

Coverage in Texas

Shannon Medical Center 401(k) Savings and Retirement Plan covers 3,626 participants in Texas, 5.3x the typical Texas plan (state average ~688 per filing). Assets: $408M.

#17,188
in Healthcare & Social Assistance (17,684 peers)
+20.6%
assets growth YoY
4.1×
vs typical plan assets (national mean)

Shannon Medical Center 401(k) Savings and Retirement Plan's outsized position by total assets

Shannon Medical Center 401(k) Savings and Retirement Plan vs every filed plan by assets

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

$408,224,064 Top 3% higher than 97% 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

Shannon Medical Center 401(k) Savings and Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shannon Medical Center 401(k) Savings and Retirement Plan lands in the large band (3,626 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shannon Medical Center 401(k) Savings and Retirement Plan reported net income rose from -$54M in the plan year 2022 filing to $70M in the plan year 2023 filing.
  • Shannon Medical Center 401(k) Savings and Retirement Plan end-of-year assets rose from $338M in the plan year 2022 filing to $408M in the plan year 2023 filing.
  • Shannon Medical Center 401(k) Savings and Retirement Plan reported participants fell from 3,944 in the plan year 2022 filing to 3,626 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 752559845 · Shannon Medical Center PY 2023 · 401(k)

Shannon Medical Center 401(k) Savings and Retirement Plan · $408M · 3,626 · 97th

  • VS-ST $408M
  • BOY 3,626
  • SCH 97th
  • EBSA 401(k)
  • PART near Johnson, Mirmiran & Thompson ESOP and 401(k) Retirement Savings Plan and Trust
  • TYPE ind #17188

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 Texas →

Shannon Medical Center 401(k) Savings and Retirement Plan in the asset neighbourhood

Growmark Member Cooperative 401(k) Savings PlanGrowmark Member Cooperative …$408MShannon Medical Center 401(k) Savings and Retirement PlanShannon Medical Center 401(k…$408MJohnson, Mirmiran & Thompson ESOP and 401(k) Retirement Savings Plan and TrustJohnson, Mirmiran & Thompson…$408MBloomberg Industry Group, Inc. 401(k) PlanBloomberg Industry Group, In…$408MCentral Garden & Pet Company Investment GrowthCentral Garden & Pet Company…$408M
End-of-year total assets ($M) among Shannon Medical Center 401(k) Savings and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$338M
Net Assets (End of Year)$408M
Net Income$70M
Employer EIN752559845
Plan Effective Date1975-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shannon Medical Center)

Sponsor-wide plan assets over time

All Shannon Medical Center plans reported in each filing year

Latest sponsor-wide plan assets
$461M 36.123806954932% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $339M $461M ▲ +36.1%
Year Plans Participants Total Assets
2022 1 3,944 $338M
2023 1 3,626 $408M
2024 1 4,087 $461M

Nearby 401(k) Plans in Texas

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

Shannon Medical Center 401(k) Savings and Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Shannon Medical Center 401(k) Savings and Retirement Plan, Total assets ($B): 0.408224064 · Participants: 3626Shannon Medical Center 401(k) Savings and Retirement PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Shannon Medical Center 401(k) Savings and Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Shannon Medical Center 401(k) Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Johnson, Mirmiran & Thompson ESOP and 401(k) Retirement Savings Plan and Trust in MD ($408M); by covered participants it is Tbc Retail 401(k) Plan in FL (3,625 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,626 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 Shannon Medical Center 401(k) Savings and Retirement Plan assets move in 2023? ▼
Shannon Medical Center 401(k) Savings and Retirement Plan grew sharply - up 20.6% during 2023, from $338M to $408M. Reported net income was $70M.
How have Shannon Medical Center plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shannon Medical Center's sponsor-wide assets grew 36.1%, from $338M to $461M.
Where does Shannon Medical Center 401(k) Savings and Retirement Plan rank by assets among Form 5500 filers? ▼
Shannon Medical Center 401(k) Savings and Retirement Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Shannon Medical Center 401(k) Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Johnson, Mirmiran & Thompson ESOP and 401(k) Retirement Savings Plan and Trust in MD ($408M, 1,993 participants).
Which 401(k) plans cover a similar participant headcount to Shannon Medical Center 401(k) Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tbc Retail 401(k) Plan in FL (3,625 participants, $30M in assets).