401(k) · DOL Form 5500 · 2023

Hanger, Inc. 401(k) Plan

Data updated 2026-08-25

$601M
Total assets Above avg plan size
5,681
Participants Above avg headcount
98th
Percentile by assets National rank
$105,819
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hanger, Inc. 401(k) Savings Plan · Sponsored by Hanger, Inc. · Texas · Healthcare & Social Assistance

$601M in assets, 5,681 participants

Hanger, Inc.'s Hanger, Inc. 401(k) Savings Plan reported $601M in total assets and 5,681 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.

  • #17,309 in Healthcare & Social Assistance (17,684 peers)

Coverage in Texas

Hanger, Inc. 401(k) Savings Plan covers 5,681 participants in Texas, 8.3x the typical Texas plan (state average ~688 per filing). Assets: $601M.

#17,309
in Healthcare & Social Assistance (17,684 peers)
+19.9%
assets growth YoY
6.0×
vs typical plan assets (national mean)

Hanger, Inc. 401(k) Savings Plan's outsized position by total assets

Hanger, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$601,158,061 Top 2% higher than 98% 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

Hanger, Inc. 401(k) Savings Plan'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. Hanger, Inc. 401(k) Savings Plan lands in the large band (5,681 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hanger, Inc. 401(k) Savings Plan reported net income rose from -$73M in the plan year 2022 filing to $100M in the plan year 2023 filing.
  • Hanger, Inc. 401(k) Savings Plan end-of-year assets rose from $501M in the plan year 2022 filing to $601M in the plan year 2023 filing.
  • Hanger, Inc. 401(k) Savings Plan reported participants rose from 5,364 in the plan year 2022 filing to 5,681 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 840904275 · Hanger, Inc. PY 2023 · 401(k)

Hanger, Inc. 401(k) Savings Plan · $601M · 5,681 · 98th

  • NET $601M
  • BOOK 5,681
  • VS-ST 98th
  • BOY 401(k)
  • SCH near Jbs 401(k) Savings Plan
  • EBSA ind #17309

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 Texas →

Hanger, Inc. 401(k) Savings Plan in the asset neighbourhood

Xpo Logistics, Inc 401(k) PlanXpo Logistics, Inc 401(k) Pl…$602MJbs 401(k) Savings Plan$601MHanger, Inc. 401(k) Savings PlanHanger, Inc. 401(k) Savings …$601MPremera 401(k) Savings Plan$601MBUILDWISE$600M
End-of-year total assets ($M) among Hanger, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$501M
Net Assets (End of Year)$601M
Net Income$100M
Employer EIN840904275
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanger, Inc.)

Sponsor-wide plan assets over time

All Hanger, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$709M 41.48090116877652% vs 2022
2024 filing year
$400M$500M$600M$700M$800M 202220232024 $501M $709M ▲ +41.5%
Year Plans Participants Total Assets
2022 1 5,364 $501M
2023 1 5,681 $601M
2024 1 6,055 $709M

Nearby 401(k) Plans in Texas

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

Hanger, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Hanger, Inc. 401(k) Savings Plan, Total assets ($B): 0.601158061 · Participants: 5681Hanger, Inc. 401(k) Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Hanger, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Hanger, Inc. 401(k) Savings Plan

Hanger, Inc. 401(k) Savings Plan reports $601M in end-of-year assets across 5,681 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $105,819 per participant (77% of the national average assets-per-participant) . Net income for plan year 2023 was $100M.

This plan identity (EIN 840904275, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $501M to $709M (+41.5%) while covered participants moved from 5,364 to 6,055 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,364 $501M Open filing
2023 5,681 $601M This page
2024 · index core 6,055 $709M Open filing

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

Hanger, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Jbs 401(k) Savings Plan in CO ($601M); by covered participants it is Autodesk 401(k) Plan in CA (5,684 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($601M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,681 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 Hanger, Inc. 401(k) Savings Plan assets move in 2023? ▼
Hanger, Inc. 401(k) Savings Plan grew sharply - up 19.9% during 2023, from $501M to $601M. Reported net income was $100M.
How have Hanger, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hanger, Inc.'s sponsor-wide assets grew 41.5%, from $501M to $709M.
Where does Hanger, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Hanger, Inc. 401(k) 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 Hanger, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jbs 401(k) Savings Plan in CO ($601M, 38,726 participants).
Which 401(k) plans cover a similar participant headcount to Hanger, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Autodesk 401(k) Plan in CA (5,684 participants, $1.7B in assets).