401(k) · DOL Form 5500 · 2023

Hanger, Inc. 401(k) Plan

Data updated 2026-08-11

$601M
Total assets
5,681
Participants
98th
Percentile by assets
$105,819
Avg per participant
PlainRetire home → About this data

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.

  • 98th percentile by assets (of 127,072 plans)
  • #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.

$601M
total plan assets (2023 EOY)
5,681
covered participants
98th
percentile by assets (of 127,072 plans)
$105,819
avg assets per participant

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 →

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Hanger, Inc. 401(k) Savings Plan reports 5,681 participants - 8.3x that state average ($601M EOY assets).

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.)

$400M$500M$600M$700M$800M 202220232024 $501M $709M ▲ +41.5%
Total plan assets by year, all Hanger, Inc. plans on file
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

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) …AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell 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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hanger, Inc. 401(k) Savings Plan by total assets, not by location.

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).

Filing takeaways

Ways to act on Hanger, Inc. 401(k) Savings Plan's numbers.