Other · DOL Form 5500 · 2023
Shands Teaching Hospital and Clinics, Inc. Retirement Plan
Data updated 2026-08-25
- $560M
- Total assets Above avg plan size
- 11,144
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $50,211
- Avg per participant Low balance/head
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.
- #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.
- #17,294
- in Healthcare & Social Assistance (17,684 peers)
- +16.6%
- assets growth YoY
- 5.6×
- vs typical plan assets (national mean)
Shands Healthcare Matched Savings Account 403(b)'s outsized position by total assets
Shands Healthcare Matched Savings Account 403(b) vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$559,554,074 Top 2% higher than 98% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Shands Healthcare Matched Savings Account 403(b)'s mega-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 Healthcare Matched Savings Account 403(b) is a mega filing (11,144 participants), the rightmost band on the breakdown.
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.
DOL schedule card
Filing strip 591943502 · Shands Teaching Hospital and Clinics, Inc. PY 2023 · Other
Shands Healthcare Matched Savings Account 403(b) · $560M · 11,144 · 98th
- PHOTO $560M
- PHOTO 11,144
- PHOTO 98th
- PHOTO Other
- PHOTO near Inspira Health Network 403(b) Savings Plan
- PHOTO ind #17294
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 Healthcare Matched Savings Account 403(b) in the asset neighbourhood
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.)
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
| 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.
- 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)
Shands Healthcare Matched Savings Account 403(b)'s out-of-state Other peers by assets and headcount
Outside Florida, the nearest Other by assets is Inspira Health Network 403(b) Savings Plan in NJ ($560M); by covered participants it is Weill Cornell Medical College Tax Deferred Annuity Plan in NY (11,173 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($560M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (11,144 participants); asset peers above are excluded.
- Weill Cornell Medical College Tax Deferred Annuity Plan (NY) 11,173 · 29 off
- Bj's Restaurants, Inc. 401(k) Plan (CA) 11,025 · 119 off
- Banner Health Employees 403(b) Plan (AZ) 11,018 · 126 off
- Dartmouth Health 403(b) Plan (NH) 10,995 · 149 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.