401(k) · DOL Form 5500 · 2024

Smith and Nephew, Inc. 401(k) Plan

Data updated 2026-08-11

$1.5B
Total assets
6,667
Participants
99th
Percentile by assets
$227,921
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Smith & Nephew U.S. Savings Plan · Sponsored by Smith and Nephew, Inc. · Tennessee · Manufacturing

$1.5B in assets, 6,667 participants

Smith and Nephew, Inc.'s Smith & Nephew U.S. Savings Plan reported $1.5B in total assets and 6,667 participants in its 2024 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.

  • 99th percentile by assets (of 123,622 plans)
  • #17,455 in Manufacturing (17,777 peers)

Coverage in Tennessee

Smith & Nephew U.S. Savings Plan covers 6,667 participants in Tennessee, 5.9x the typical Tennessee plan (state average ~1,126 per filing). Assets: $1.5B.

$1.5B
total plan assets (2024 EOY)
6,667
covered participants
99th
percentile by assets (of 123,622 plans)
$227,921
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Smith & Nephew U.S. Savings Plan reported net income fell from $221M in the plan year 2023 filing to $168M in the plan year 2024 filing.
  • Smith & Nephew U.S. Savings Plan end-of-year assets rose from $1.4B in the plan year 2023 filing to $1.5B in the plan year 2024 filing.
  • Smith & Nephew U.S. Savings Plan reported participants fell from 7,159 in the plan year 2023 filing to 6,667 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Tennessee
Industry
Manufacturing

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Smith & Nephew U.S. Savings Plan reports 6,667 participants - 5.9x that state average ($1.5B EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.5B
Net Income$168M
Employer EIN510123924
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smith and Nephew, Inc.)

$1.45B$1.5B$1.55B$1.6B$1.65B 202220232024 $1.49B $1.52B ▲ +2.0%
Total plan assets by year, all Smith and Nephew, Inc. plans on file
Year Plans Participants Total Assets
2022 2 7,420 $1.5B
2023 2 7,580 $1.6B
2024 2 6,745 $1.5B

Nearby 401(k) Plans in Tennessee

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

Smith & Nephew U.S. Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Smith & Nephew U.S. Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 0102030 Total assets ($B) Participants Smith & Nephew U.S. …Fedex Corporation Re…Hca 401(k) PlanFederal Express Corp…International Paper …Chs/Community Health…
Smith & Nephew U.S. Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Smith & Nephew U.S. Savings Plan side-by-side with 3 peers →

Scale composition for Smith & Nephew U.S. Savings Plan

Smith & Nephew U.S. Savings Plan reports $1.5B in end-of-year assets across 6,667 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $227,921 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2024 was $168M.

This plan identity (EIN 510123924, plan #008) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.5B (+34.4%) while covered participants moved from 6,924 to 6,667 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,924 $1.1B Open filing
2023 7,159 $1.4B Open filing
2024 · index core 6,667 $1.5B This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Smith & Nephew U.S. Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Smith & Nephew U.S. Savings Plan assets move in 2024? ▼
Smith & Nephew U.S. Savings Plan grew at a solid clip - up 12.4% during 2024, from $1.4B to $1.5B. Reported net income was $168M.
How have Smith and Nephew, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Smith and Nephew, Inc.'s sponsor-wide assets grew 1.7%, from $1.5B to $1.5B.
Where does Smith & Nephew U.S. Savings Plan rank by assets among Form 5500 filers? ▼
Smith & Nephew U.S. Savings Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Smith & Nephew U.S. Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Marsh & Mclennan Agency 401(k) Savings & Investment Plan in NY ($1.5B, 11,530 participants).

Next read for Smith & Nephew U.S. Savings Plan

Filing takeaways

Ways to act on Smith & Nephew U.S. Savings Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 510123924.

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.