401(k) · DOL Form 5500 · 2024

Hanger, Inc. 401(k) Plan

Data updated 2026-08-25

$709M
Total assets Above avg plan size
6,055
Participants Above avg headcount
98th
Percentile by assets National rank
$117,129
Avg per participant Below avg balance/head
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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.

  • #16,561 in Healthcare & Social Assistance (16,916 peers)

Coverage in Texas

Hanger, Inc. 401(k) Savings Plan covers 6,055 participants in Texas, 8.8x the typical Texas plan (state average ~688 per filing). Assets: $709M.

#16,561
in Healthcare & Social Assistance (16,916 peers)
+18.0%
assets growth YoY
7.1×
vs typical plan assets (national mean)

Hanger, Inc. 401(k) Savings Plan's outsized position by total assets

Hanger, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$709,217,527 Top 2% higher than 98% 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

Hanger, Inc. 401(k) 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. Hanger, Inc. 401(k) Savings Plan lands in the large band (6,055 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

EBSA filing schedule strip

Filing strip 840904275 · Hanger, Inc. PY 2024 · 401(k)

Hanger, Inc. 401(k) Savings Plan · $709M · 6,055 · 98th

  • EOY $709M
  • EOY 6,055
  • EOY 98th
  • EOY 401(k)
  • EOY near Spartannash Company Savings Plus Plan
  • EOY ind #16561

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 Texas →

Hanger, Inc. 401(k) Savings Plan in the asset neighbourhood

Hanford Contractors Multi-Employer Savings Plan for Hamtc Represented EmployeesHanford Contractors Multi-Em…$710MSpartannash Company Savings Plus PlanSpartannash Company Savings …$709MHanger, Inc. 401(k) Savings PlanHanger, Inc. 401(k) Savings …$709MMsc Industrial Direct 401(k) PlanMsc Industrial Direct 401(k)…$709MThe Perdue Savings Plan$708M
End-of-year total assets ($M) among Hanger, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$601M
Net Assets (End of Year)$709M
Net Income$90M
Employer EIN840904275
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanger, Inc.)

Sponsor-wide plan assets over time

All Hanger, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$709M 41.48090116877652% vs 2022
2024 filing year
$400M$500M$600M$700M$800M 202220232024 $501M $709M ▲ +41.5%
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 Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Hanger, Inc. 401(k) Savings Plan, Total assets ($B): 0.709217527 · Participants: 6055Hanger, Inc. 401(k) Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings 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 $709M in end-of-year assets across 6,055 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $117,129 per participant (85% of the national average assets-per-participant) . Net income for plan year 2024 was $90M.

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 Open filing
2024 · index core 6,055 $709M This page

Hanger, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Spartannash Company Savings Plus Plan in MI ($709M); by covered participants it is Paylocity 401(k) Profit Sharing Plan and Trust in IL (6,050 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($709M here).

Similar participant headcount

Nearest other-state filings by covered participants (6,055 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 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 123,622 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).
Which 401(k) plans cover a similar participant headcount to Hanger, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Paylocity 401(k) Profit Sharing Plan and Trust in IL (6,050 participants, $438M in assets).