Other · DOL Form 5500 · 2023
Shands Teaching Hospital and Clinics, Inc. Retirement Plan
Data updated 2026-08-11
- $560M
- Total assets
- 11,144
- Participants
- 98th
- Percentile by assets
- $50,211
- Avg per participant
Official DOL plan name: Shands Healthcare Matched Savings Account 403(b) · Sponsored by Shands Teaching Hospital and Clinics, Inc. · Florida · Healthcare & Social Assistance
$560M in assets, 11,144 participants
Shands Teaching Hospital and Clinics, Inc.'s Shands Healthcare Matched Savings Account 403(b) reported $560M in total assets and 11,144 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)
- #17,294 in Healthcare & Social Assistance (17,684 peers)
Coverage in Florida
Shands Healthcare Matched Savings Account 403(b) covers 11,144 participants in Florida, 18x the typical Florida plan (state average ~628 per filing). Assets: $560M.
- $560M
- total plan assets (2023 EOY)
- 11,144
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $50,211
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Shands Healthcare Matched Savings Account 403(b) reported net income rose from -$48M in the plan year 2022 filing to $80M in the plan year 2023 filing.
- Shands Healthcare Matched Savings Account 403(b) end-of-year assets rose from $480M in the plan year 2022 filing to $560M in the plan year 2023 filing.
- Shands Healthcare Matched Savings Account 403(b) reported participants rose from 10,522 in the plan year 2022 filing to 11,144 in the plan year 2023 filing.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Shands Healthcare Matched Savings Account 403(b) reports 11,144 participants - 18x that state average ($560M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $480M |
|---|---|
| Net Assets (End of Year) | $560M |
| Net Income | $80M |
| Employer EIN | 591943502 |
| Plan Effective Date | 2002-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Shands Teaching Hospital and Clinics, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 22,571 | $1.8B |
| 2023 | 3 | 23,391 | $2.0B |
| 2024 | 3 | 24,527 | $2.1B |
Nearby Other Plans in Florida
Peer Other plans, same state, same plan type, ranked by total assets.
Shands Healthcare Matched Savings Account 403(b) vs. nearby Other plans in Florida, assets vs. participants
- Baptist Health South Florida, Inc. 403(b) Employee Retirement Plan $2.3B · 25,214
- University of Miami Retirement Savings Plan $1.7B · 12,683
- Orlando Health Retirement Savings Plan 403b $1.6B · 26,087
- Defined Contribution Retirement Plan for Faculty of the University of Miami $1.1B · 972
- The Nemours Foundation Section 403(b) Plan $1.1B · 8,505
Scale composition for Shands Healthcare Matched Savings Account 403(b)
Shands Healthcare Matched Savings Account 403(b) reports $560M in end-of-year assets across 11,144 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $50,211 per participant (36% of the national average assets-per-participant) . Net income for plan year 2023 was $80M.
This plan identity (EIN 591943502, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $480M to $625M (+30.2%) while covered participants moved from 10,522 to 11,793 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 10,522 | $480M | Open filing |
| 2023 | 11,144 | $560M | This page |
| 2024 · index core | 11,793 | $625M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Shands Healthcare Pension Plan II (Defined Benefit (Pension), $958M, 2,264 participants)
- Shands Healthcare Matched Savings Account 403(b) (Other, $625M, 11,793 participants)
- Shands Health Care Matched Savings Account 401(a) (Profit Sharing, $487M, 10,470 participants)
Similar-Sized Other Plans Nationally
Other plans in other states closest to Shands Healthcare Matched Savings Account 403(b) by total assets, not by location.
- Inspira Health Network 403(b) Savings Plan (NJ) $560M · 7,456
- Ironworkers District Council of the Pacific Nw Field Ironworkers Annuity Trust Fund (WA) $561M · 7,520
- The Catholic University of America Retirement Plan (DC) $561M · 1,716
- Community Hospitals of Central California Tax Sheltered Annuity Plan (CA) $557M · 9,949
Frequently Asked Questions
How did Shands Healthcare Matched Savings Account 403(b) assets move in 2023? ▼
How have Shands Teaching Hospital and Clinics, Inc. plan assets changed over time? ▼
Where does Shands Healthcare Matched Savings Account 403(b) rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to Shands Healthcare Matched Savings Account 403(b)? ▼
Next read for Shands Healthcare Matched Savings Accoun…
Filing takeaways
Ways to act on Shands Healthcare Matched Savings Account 403(b)'s numbers.
- By total assets, Shands Healthcare Matched Savings Account 403(b) ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Florida. Compare plans
- Shands Teaching Hospital and Clinics, Inc.'s sponsor-wide assets have grown 13.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans