401(k) · DOL Form 5500 · 2024

Hanger, Inc. 401(k) Plan

Data updated 2026-07-24

$709M
Total assets: 6,055
Participants: 98th
Percentile by assets: $117,129
Avg per participant

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

$709M in assets, 6,055 participants

Hanger, Inc.'s Hanger, Inc. 401(k) Savings Plan reported $709M in total assets and 6,055 participants in its 2024 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 116,472 plans)

Coverage in Texas

Hanger, Inc. 401(k) Savings Plan covers 6,055 participants in Texas, 8.6x the typical Texas plan (state average ~704 per filing). Assets: $709M.

$709M
total plan assets (2024 EOY): 6,055
covered participants: 98th
percentile by assets (of 116,472 plans): $117,129
avg assets per participant

Hanger, Inc. 401(k) Savings Plan end-of-year assets rose from $601M in the plan year 2023 filing to $709M in the plan year 2024 filing.
Hanger, Inc. 401(k) Savings Plan reported net income fell from $100M in the plan year 2023 filing to $90M in the plan year 2024 filing.
Hanger, Inc. 401(k) Savings Plan reported participants rose from 5,681 in the plan year 2023 filing to 6,055 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Texas

Industry

Healthcare & Social Assistance

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Hanger, Inc. 401(k) Savings Plan reports 6,055 participants - 8.6x that state average ($709M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)	$601M
Net Assets (End of Year)	$709M
Net Income	$90M
Employer EIN	840904275
Plan Effective Date	1992-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Hanger, Inc.)

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

AT&T Retirement Savings Plan $43.1B · 109,889
Exxonmobil Savings Plan $23.7B · 21,990
Chevron Employee Savings Investment Plan $20.4B · 21,505
Caterpillar 401(k) Savings Plan $18.8B · 43,873
Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820

Compare Hanger, Inc. 401(k) Savings Plan side-by-side with 3 peers →

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.

Spartannash Company Savings Plus Plan (MI) $709M · 33,324
Msc Industrial Direct 401(k) Plan (NY) $709M · 6,717
The Perdue Savings Plan (MD) $708M · 18,867
Hanford Contractors Multi-Employer Savings Plan for Hamtc Represented Employees (WA) $710M · 3,819

Frequently Asked Questions

How did Hanger, Inc. 401(k) Savings Plan assets move in 2024? ▼

Hanger, Inc. 401(k) Savings Plan grew sharply - up 18.0% during 2024, from $601M to $709M. Reported net income was $90M.

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 116,472 plans that reported assets for plan year 2024 (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 Spartannash Company Savings Plus Plan in MI ($709M, 33,324 participants).

Next read for Hanger, Inc. 401(k) Savings Plan

Filing takeaways

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

By total assets, Hanger, Inc. 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
Hanger, Inc.'s sponsor-wide assets have grown 41.5% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

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 840904275.

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.