Profit Sharing · DOL Form 5500 · 2023

Shands Teaching Hospital and Clinics, Inc. Profit Sharing Plan

Data updated 2026-08-25

$421M
Total assets Above avg plan size
9,825
Participants Very large workforce
97th
Percentile by assets National rank
$42,856
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Shands Health Care Matched Savings Account 401(a) · Sponsored by Shands Teaching Hospital and Clinics, Inc. · Florida · Healthcare & Social Assistance

$421M in assets, 9,825 participants

Shands Teaching Hospital and Clinics, Inc.'s Shands Health Care Matched Savings Account 401(a) reported $421M in total assets and 9,825 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.

  • #17,199 in Healthcare & Social Assistance (17,684 peers)

Coverage in Florida

Shands Health Care Matched Savings Account 401(a) covers 9,825 participants in Florida, 16x the typical Florida plan (state average ~628 per filing). Assets: $421M.

#17,199
in Healthcare & Social Assistance (17,684 peers)
+20.8%
assets growth YoY
4.2×
vs typical plan assets (national mean)

Shands Health Care Matched Savings Account 401(a)'s outsized position by total assets

Shands Health Care Matched Savings Account 401(a) vs every filed plan by assets

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

$421,060,931 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

Shands Health Care Matched Savings Account 401(a)'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. Shands Health Care Matched Savings Account 401(a) lands in the large band (9,825 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shands Health Care Matched Savings Account 401(a) reported net income rose from -$21M in the plan year 2022 filing to $72M in the plan year 2023 filing.
  • Shands Health Care Matched Savings Account 401(a) end-of-year assets rose from $349M in the plan year 2022 filing to $421M in the plan year 2023 filing.
  • Shands Health Care Matched Savings Account 401(a) reported participants rose from 9,486 in the plan year 2022 filing to 9,825 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 591943502 · Shands Teaching Hospital and Clinics, Inc. PY 2023 · Profit Sharing

Shands Health Care Matched Savings Account 401(a) · $421M · 9,825 · 97th

  • NET $421M
  • BOOK 9,825
  • VS-ST 97th
  • BOY Profit Sharing
  • SCH near The Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated Companies
  • EBSA ind #17199

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 Florida →

Shands Health Care Matched Savings Account 401(a) in the asset neighbourhood

Sidley Austin LLP Retirement Plan for PartnersSidley Austin LLP Retirement…$423MShands Health Care Matched Savings Account 401(a)Shands Health Care Matched S…$421MThe Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated CompaniesThe Employees' Profit-Sharin…$420MThe Arc New York Affiliated Employers 401(k) PlanThe Arc New York Affiliated …$417MStructural Iron Workers Local #1 Annuity PlanStructural Iron Workers Loca…$416M
End-of-year total assets ($M) among Shands Health Care Matched Savings Account 401(a) and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$349M
Net Assets (End of Year)$421M
Net Income$72M
Employer EIN591943502
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shands Teaching Hospital and Clinics, Inc.)

Sponsor-wide plan assets over time

All Shands Teaching Hospital and Clinics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 13.363251998309785% vs 2022
2024 filing year
$1.8B$1.9B$2B$2.1B 202220232024 $1.83B $2.07B ▲ +13.1%
Year Plans Participants Total Assets
2022 3 22,571 $1.8B
2023 3 23,391 $2.0B
2024 3 24,527 $2.1B

Nearby Profit Sharing Plans in Florida

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Shands Health Care Matched Savings Account 401(a) vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -20246 Total assets ($B) Participants Shands Health Care Matched Savings Account 401(a), Total assets ($B): 0.421060931 · Participants: 9825Shands Health Care Matched Savings Account 401(a)Retirement Wealth Builder Plan of Pwc, Total assets ($B): 4.922422145 · Participants: 44753Retirement Wealth Builder Plan of PwcRaymond James Financial, Inc. & Affiliates Profit Sharing Plan, Total assets ($B): 1.237831199 · Participants: 15503Raymond James Financial, Inc. & Affiliates Profit Sharing PlanOrlando Health, Inc. Retirement Savings Plan 401a, Total assets ($B): 0.441302885 · Participants: 26077Orlando Health, Inc. Retirement Savings Plan 401aAmerican Maritime Officers Defined Contribution Plan, Total assets ($B): 0.314107816 · Participants: 4371American Maritime Officers Defined Contribution PlanRetirement Wealth Builder Plan for Business Services Staff of Pwc, Total assets ($B): 0.231034484 · Participants: 4716Retirement Wealth Builder Plan for Business Services Staff of Pwc
Shands Health Care Matched Savings Account 401(a) vs. nearby Profit Sharing plans in Florida, assets vs. participants
Compare Shands Health Care Matched Savings Account 401(a) side-by-side with 3 peers →

Scale composition for Shands Health Care Matched Savings Account 401(a)

Shands Health Care Matched Savings Account 401(a) reports $421M in end-of-year assets across 9,825 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $42,856 per participant (31% of the national average assets-per-participant) . Net income for plan year 2023 was $72M.

This plan identity (EIN 591943502, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $349M to $487M (+39.6%) while covered participants moved from 9,486 to 10,470 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,486 $349M Open filing
2023 9,825 $421M This page
2024 · index core 10,470 $487M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Shands Health Care Matched Savings Account 401(a)'s out-of-state Profit Sharing peers by assets and headcount

Outside Florida, the nearest Profit Sharing by assets is The Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated Companies in CA ($420M); by covered participants it is University of Notre Dame 403(b) Retirement Plan in IN (9,969 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9,825 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 Shands Health Care Matched Savings Account 401(a) assets move in 2023? ▼
Shands Health Care Matched Savings Account 401(a) grew sharply - up 20.8% during 2023, from $349M to $421M. Reported net income was $72M.
How have Shands Teaching Hospital and Clinics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shands Teaching Hospital and Clinics, Inc.'s sponsor-wide assets grew 13.4%, from $1.8B to $2.1B.
Where does Shands Health Care Matched Savings Account 401(a) rank by assets among Form 5500 filers? ▼
Shands Health Care Matched Savings Account 401(a) 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 Profit Sharing plans are similar in size to Shands Health Care Matched Savings Account 401(a)? ▼
Among Profit Sharing plans in other states, the closest by assets is The Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated Companies in CA ($420M, 3,124 participants).
Which Profit Sharing plans cover a similar participant headcount to Shands Health Care Matched Savings Account 401(a)? ▼
Among Profit Sharing plans in other states, the closest by covered participants is University of Notre Dame 403(b) Retirement Plan in IN (9,969 participants, $2.4B 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 591943502.

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.