401(k) · DOL Form 5500 · 2023

Shannon Medical Center 401(k) Plan

Data updated 2026-08-11

$408M
Total assets: 3,626
Participants: 97th
Percentile by assets: $112,582
Avg per participant

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.

97th percentile by assets (of 127,072 plans)
#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.

$408M
total plan assets (2023 EOY): 3,626
covered participants: 97th
percentile by assets (of 127,072 plans): $112,582
avg assets per participant

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 →

State

Texas

Industry

Healthcare & Social Assistance

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Shannon Medical Center 401(k) Savings and Retirement Plan reports 3,626 participants - 5.3x that state average ($408M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)	$338M
Net Assets (End of Year)	$408M
Net Income	$70M
Employer EIN	752559845
Plan Effective Date	1975-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Shannon Medical Center)

Total plan assets by year, all Shannon Medical Center plans on file

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

AT&T Retirement Savings Plan $40.0B · 119,854
Exxonmobil Savings Plan $21.9B · 23,477
Caterpillar 401(k) Savings Plan $16.5B · 41,679
American Airlines, Inc. 401(k) Plan $14.7B · 88,792
Dell Inc. 401(k) Plan $13.5B · 45,686

Compare Shannon Medical Center 401(k) Savings an… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Shannon Medical Center 401(k) Savings and Retirement Plan by total assets, not by location.

Johnson, Mirmiran & Thompson ESOP and 401(k) Retirement Savings Plan and Trust (MD) $408M · 1,993
Bloomberg Industry Group, Inc. 401(k) Plan (VA) $408M · 1,263
Central Garden & Pet Company Investment Growth (CA) $408M · 4,427
Growmark Member Cooperative 401(k) Savings Plan (IL) $408M · 7,055

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).

Next read for Shannon Medical Center 401(k) Savings an…

Filing takeaways

Ways to act on Shannon Medical Center 401(k) Savings and Retirement Plan's numbers.

By total assets, Shannon Medical Center 401(k) Savings and Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
Shannon Medical Center's sponsor-wide assets have grown 36.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

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 752559845.