Defined Benefit (Pension) · DOL Form 5500 · 2023

Shands Teaching Hospital and Clinics, Inc. Pension Plan

Data updated 2026-08-25

$999M
Total assets Very large vs avg
2,422
Participants Above avg headcount
99th
Percentile by assets National rank
$412,565
Avg per participant High balance/head
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Official DOL plan name: Shands Healthcare Pension Plan II · Sponsored by Shands Teaching Hospital and Clinics, Inc. · Florida · Healthcare & Social Assistance

$999M in assets, 2,422 participants

Shands Teaching Hospital and Clinics, Inc.'s Shands Healthcare Pension Plan II reported $999M in total assets and 2,422 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #17,478 in Healthcare & Social Assistance (17,684 peers)

Coverage in Florida

Shands Healthcare Pension Plan II covers 2,422 participants in Florida, 3.9x the typical Florida plan (state average ~628 per filing). Assets: $999M.

#17,478
in Healthcare & Social Assistance (17,684 peers)
+0.2%
assets growth YoY
10×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Shands Healthcare Pension Plan II's outsized position by total assets

Shands Healthcare Pension Plan II vs every filed plan by assets

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

$999,233,463 Top 1% higher than 99% 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

Shands Healthcare Pension Plan II'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. Shands Healthcare Pension Plan II lands in the large band (2,422 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shands Healthcare Pension Plan II reported net income fell from -$2M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
  • Shands Healthcare Pension Plan II reported participants fell from 2,563 in the plan year 2022 filing to 2,422 in the plan year 2023 filing.
  • Shands Healthcare Pension Plan II end-of-year assets rose from $997M in the plan year 2022 filing to $999M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 591943502 · Shands Teaching Hospital and Clinics, Inc. PY 2023 · Defined Benefit (Pension)

Shands Healthcare Pension Plan II · $999M · 2,422 · 99th

  • TYPE $999M
  • NET 2,422
  • BOOK 99th
  • VS-ST Defined Benefit (Pension)
  • BOY near National Fuel Gas Company Retirement Plan
  • SCH ind #17478

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 Pension Plan II in the asset neighbourhood

Desert States Employers & Ufcw Unions Pension PlanDesert States Employers & Uf…$1.0BShands Healthcare Pension Plan IIShands Healthcare Pension Pl…$999MNational Fuel Gas Company Retirement PlanNational Fuel Gas Company Re…$999MAgere Systems Pension Plan$995MInternational Union of Operating Engineers Pension Fund of Eastern Pennsylvania and DelawareInternational Union of Opera…$1.0B
End-of-year total assets ($B) among Shands Healthcare Pension Plan II and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$997M
Net Assets (End of Year)$907M
Net Income-$7M
Employer EIN591943502
Plan Effective Date2018-06-01
Filing StatusFILING 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
$1.8B$1.9B$2B$2.1B 202220232024 $1.83B $2.07B ▲ +13.1%
Year Plans Participants Total Assets
2022 3 22,571 $1.8B
2023 3 23,391 $2.0B
2024 3 24,527 $2.1B

Nearby Defined Benefit (Pension) Plans in Florida

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Shands Healthcare Pension Plan II vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. 050001000015000 0246810 Total assets ($B) Participants Shands Healthcare Pension Plan II, Total assets ($B): 0.999233463 · Participants: 2422Shands Healthcare Pension Plan IIL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.749240033 · Participants: 4676L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.124263985 · Participants: 13121Nextera Energy, Inc. Employee Pension PlanCsx Pension Plan, Total assets ($B): 2.367781795 · Participants: 2446Csx Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.24071421 · Participants: 3967Retirement Accumulation Plan for Partners of PwcRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.916753026 · Participants: 5514Retirement Benefit Accumulation Plan for Employees of Pwc
Shands Healthcare Pension Plan II vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
Compare Shands Healthcare Pension Plan II side-by-side with 3 peers →

Shands Healthcare Pension Plan II's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Florida, the nearest Defined Benefit (Pension) by assets is National Fuel Gas Company Retirement Plan in NY ($999M); by covered participants it is Milwaukee Drivers Pension Plan in WI (2,422 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,422 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 Shands Healthcare Pension Plan II assets move in 2023? ▼
Shands Healthcare Pension Plan II held essentially flat - up 0.2% during 2023, from $997M to $999M. Reported net income was -$7M.
How have Shands Teaching Hospital and Clinics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shands Teaching Hospital and Clinics, Inc.'s sponsor-wide assets grew 13.4%, from $1.8B to $2.1B.
Where does Shands Healthcare Pension Plan II rank by assets among Form 5500 filers? ▼
Shands Healthcare Pension Plan II ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Shands Healthcare Pension Plan II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is National Fuel Gas Company Retirement Plan in NY ($999M, 613 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Shands Healthcare Pension Plan II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Milwaukee Drivers Pension Plan in WI (2,422 participants, $981M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 591943502.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.