401(k) · DOL Form 5500 · 2023

Health First Shared Services, Inc. 401(k) Plan

Data updated 2026-08-11

$810M
Total assets
8,762
Participants
98th
Percentile by assets
$92,420
Avg per participant
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Official DOL plan name: Health First Retirement Savings Plan · Sponsored by Health First Shared Services, Inc. · Florida · Healthcare & Social Assistance

$810M in assets, 8,762 participants

Health First Shared Services, Inc.'s Health First Retirement Savings Plan reported $810M in total assets and 8,762 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #17,421 in Healthcare & Social Assistance (17,684 peers)

Coverage in Florida

Health First Retirement Savings Plan covers 8,762 participants in Florida, 14x the typical Florida plan (state average ~628 per filing). Assets: $810M.

$810M
total plan assets (2023 EOY)
8,762
covered participants
98th
percentile by assets (of 127,072 plans)
$92,420
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Health First Retirement Savings Plan reported net income rose from -$157M in the plan year 2022 filing to $118M in the plan year 2023 filing.
  • Health First Retirement Savings Plan end-of-year assets rose from $692M in the plan year 2022 filing to $810M in the plan year 2023 filing.
  • Health First Retirement Savings Plan reported participants rose from 8,245 in the plan year 2022 filing to 8,762 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Health First Retirement Savings Plan reports 8,762 participants - 14x that state average ($810M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$692M
Net Assets (End of Year)$810M
Net Income$118M
Employer EIN593336894
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Health First Shared Services, Inc.)

$600M$700M$800M$900M$1,000M 202220232024 $715M $934M ▲ +30.7%
Total plan assets by year, all Health First Shared Services, Inc. plans on file
Year Plans Participants Total Assets
2022 2 8,566 $715M
2023 2 9,040 $834M
2024 3 9,873 $934M

Nearby 401(k) Plans in Florida

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

Health First Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Health First Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants Health First Retirem…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Trinet 401(k) PlanPublix Super Markets…
Health First Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Scale composition for Health First Retirement Savings Plan

Health First Retirement Savings Plan reports $810M in end-of-year assets across 8,762 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $92,420 per participant (67% of the national average assets-per-participant) . Net income for plan year 2023 was $118M.

This plan identity (EIN 593336894, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $692M to $903M (+30.6%) while covered participants moved from 8,245 to 9,129 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,245 $692M Open filing
2023 8,762 $810M This page
2024 · index core 9,129 $903M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Health First Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Health First Retirement Savings Plan assets move in 2023?
Health First Retirement Savings Plan grew sharply - up 17.1% during 2023, from $692M to $810M. Reported net income was $118M.
How have Health First Shared Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Health First Shared Services, Inc.'s sponsor-wide assets grew 30.7%, from $715M to $934M.
Where does Health First Retirement Savings Plan rank by assets among Form 5500 filers?
Health First Retirement Savings Plan ranks in the 98th 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 Health First Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Peabody Investments Corp. Employee Retirement Account in MO ($809M, 3,242 participants).

Filing takeaways

Ways to act on Health First Retirement Savings Plan's numbers.