401(k) · DOL Form 5500 · 2024

Smith and Nephew, Inc. 401(k) Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
6,667
Participants Above avg headcount
99th
Percentile by assets National rank
$227,921
Avg per participant Above avg balance/head
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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.

  • #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.

#17,455
in Manufacturing (17,777 peers)
+12.4%
assets growth YoY
15×
vs typical plan assets (national mean)

Smith & Nephew U.S. Savings Plan's outsized position by total assets

Smith & Nephew U.S. Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,519,546,220 Top 1% higher than 99% of 123,620 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 2024

Smith & Nephew U.S. Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Smith & Nephew U.S. Savings Plan lands in the large band (6,667 participants).

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 →

Published 5500 schedule card

Filing strip 510123924 · Smith and Nephew, Inc. PY 2024 · 401(k)

Smith & Nephew U.S. Savings Plan · $1.5B · 6,667 · 99th

  • VS-ST $1.5B
  • VS-ST 6,667
  • VS-ST 99th
  • VS-ST 401(k)
  • VS-ST near Marsh & Mclennan Agency 401(k) Savings & Investment Plan
  • VS-ST ind #17455

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 Manufacturing retirement plans → · Plans in Tennessee →

Smith & Nephew U.S. Savings Plan in the asset neighbourhood

Smith & Nephew U.S. Savings PlanSmith & Nephew U.S. Savings …$1.5BMarsh & Mclennan Agency 401(k) Savings & Investment PlanMarsh & Mclennan Agency 401(…$1.5BCliftonlarsonallen LLP 401(k) Retirement PlanCliftonlarsonallen LLP 401(k…$1.5BBlue Cross Blue Shield of Michigan Employees' Savings PlanBlue Cross Blue Shield of Mi…$1.5BStaples, Inc. Employees' 401(k) Savings PlanStaples, Inc. Employees' 401…$1.5B
End-of-year total assets ($B) among Smith & Nephew U.S. Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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.)

Sponsor-wide plan assets over time

All Smith and Nephew, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 1.7210419733010383% vs 2022
2024 filing year
$1.45B$1.5B$1.55B$1.6B$1.65B 202220232024 $1.49B $1.52B ▲ +2.0%
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 Scatter plot of 6 data points. -1000000100000200000300000400000 0102030 Total assets ($B) Participants Smith & Nephew U.S. Savings Plan, Total assets ($B): 1.51954622 · Participants: 6667Smith & Nephew U.S. Savings PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
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

Smith & Nephew U.S. Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Marsh & Mclennan Agency 401(k) Savings & Investment Plan in NY ($1.5B); by covered participants it is The Oxford Industries, Inc. Retirement Savings Pla in GA (6,666 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,667 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Smith & Nephew U.S. Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Oxford Industries, Inc. Retirement Savings Pla in GA (6,666 participants, $218M in assets).

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.