401(k) · DOL Form 5500 · 2023

Shawmut Group Inc. 401(k) Plan

Data updated 2026-08-25

$159M
Total assets Near avg plan size
822
Participants Near avg headcount
94th
Percentile by assets National rank
$193,175
Avg per participant Above avg balance/head
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Official DOL plan name: Shawmut Group 401(k) Plan · Sponsored by Shawmut Group Inc. · Massachusetts · Construction

$159M in assets, 822 participants

Shawmut Group Inc.'s Shawmut Group 401(k) Plan reported $159M in total assets and 822 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,349 in Construction (9,030 peers)

Where Shawmut Group 401(k) Plan sits by assets

Shawmut Group 401(k) Plan sits in the top 10% of all filed plans by assets, $159M for 822 participants (~$193,175/participant), up 17.0% in 2023.

#8,349
in Construction (9,030 peers)
+17.0%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Shawmut Group 401(k) Plan's outsized position by total assets

Shawmut Group 401(k) Plan vs every filed plan by assets

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

$158,789,809 Top 6% higher than 94% 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

Shawmut Group 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shawmut Group 401(k) Plan sits mid-pack in the medium band (822 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shawmut Group 401(k) Plan reported net income rose from -$35M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Shawmut Group 401(k) Plan end-of-year assets rose from $136M in the plan year 2022 filing to $159M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 813645861 · Shawmut Group Inc. PY 2023 · 401(k)

Shawmut Group 401(k) Plan · $159M · 822 · 94th

  • EIN $159M
  • EIN 822
  • EIN 94th
  • EIN 401(k)
  • EIN near National Hockey League Savings Plan for National Hockey League/Nhl Enterprise Employees
  • EIN ind #8349

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 Construction retirement plans → · Plans in Massachusetts →

Shawmut Group 401(k) Plan in the asset neighbourhood

Gerber Collision & Glass 401(k) PlanGerber Collision & Glass 401…$159MShawmut Group 401(k) Plan$159MNational Hockey League Savings Plan for National Hockey League/Nhl Enterprise EmployeesNational Hockey League Savin…$159MNeogenomics Laboratories, Inc. 401(k) Profit Sharing PlanNeogenomics Laboratories, In…$159MAFL Telecommunications, LLC Svgs and IncentivAFL Telecommunications, LLC …$159M
End-of-year total assets ($M) among Shawmut Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$136M
Net Assets (End of Year)$159M
Net Income$22M
Employer EIN813645861
Plan Effective Date1986-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shawmut Group Inc.)

Sponsor-wide plan assets over time

All Shawmut Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$188M 49.17310831021775% vs 2022
2024 filing year
$100M$200M$300M$400M$500M 202220232024 $370M $188M ▼ -49.2%
Year Plans Participants Total Assets
2022 2 1,505 $370M
2023 2 1,538 $433M
2024 1 872 $188M

Nearby 401(k) Plans in Massachusetts

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

Shawmut Group 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Shawmut Group 401(k) Plan, Total assets ($B): 0.158789809 · Participants: 822Shawmut Group 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Shawmut Group 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Shawmut Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is National Hockey League Savings Plan for National Hockey League/Nhl Enterprise Employees in NY ($159M); by covered participants it is Atlantic Constructors, Inc. 401(k) Plan in VA (822 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (822 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 Shawmut Group 401(k) Plan assets move in 2023?
Shawmut Group 401(k) Plan grew sharply - up 17.0% during 2023, from $136M to $159M. Reported net income was $22M.
How have Shawmut Group Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shawmut Group Inc.'s sponsor-wide assets declined 49.2%, from $370M to $188M.
Where does Shawmut Group 401(k) Plan rank by assets among Form 5500 filers?
Shawmut Group 401(k) Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Shawmut Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is National Hockey League Savings Plan for National Hockey League/Nhl Enterprise Employees in NY ($159M, 588 participants).
Which 401(k) plans cover a similar participant headcount to Shawmut Group 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Atlantic Constructors, Inc. 401(k) Plan in VA (822 participants, $23M in assets).