401(k) · DOL Form 5500 · 2024
Shannon Medical Center 401(k) Plan
Data updated 2026-08-11
- $461M
- Total assets
- 4,087
- Participants
- 97th
- Percentile by assets
- $112,741
- Avg per participant
Official DOL plan name: Shannon Medical Center 401(k) Savings and Retirement Plan · Sponsored by Shannon Medical Center · Texas · Healthcare & Social Assistance
$461M in assets, 4,087 participants
Shannon Medical Center's Shannon Medical Center 401(k) Savings and Retirement Plan reported $461M in total assets and 4,087 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 123,622 plans)
- #16,425 in Healthcare & Social Assistance (16,916 peers)
Coverage in Texas
Shannon Medical Center 401(k) Savings and Retirement Plan covers 4,087 participants in Texas, 5.9x the typical Texas plan (state average ~688 per filing). Assets: $461M.
- $461M
- total plan assets (2024 EOY)
- 4,087
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $112,741
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Shannon Medical Center 401(k) Savings and Retirement Plan reported net income fell from $70M in the plan year 2023 filing to $53M in the plan year 2024 filing.
- Shannon Medical Center 401(k) Savings and Retirement Plan end-of-year assets rose from $408M in the plan year 2023 filing to $461M in the plan year 2024 filing.
- Shannon Medical Center 401(k) Savings and Retirement Plan reported participants rose from 3,626 in the plan year 2023 filing to 4,087 in the plan year 2024 filing.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Shannon Medical Center 401(k) Savings and Retirement Plan reports 4,087 participants - 5.9x that state average ($461M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $408M |
|---|---|
| Net Assets (End of Year) | $461M |
| Net Income | $53M |
| Employer EIN | 752559845 |
| Plan Effective Date | 1975-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Shannon Medical Center)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,944 | $338M |
| 2023 | 1 | 3,626 | $408M |
| 2024 | 1 | 4,087 | $461M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Shannon Medical Center 401(k) Savings and Retirement 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Shannon Medical Center 401(k) Savings and Retirement Plan by total assets, not by location.
- Toppan Merrill 401(k) Plan (MN) $461M · 998
- Veeva Systems Inc. 401(k) Plan (CA) $461M · 3,959
- Printpack Inc Savings & Profit Sharing Plan (GA) $461M · 2,477
- Arizona Pipe Trades Defined Contribution Pension Plan (AZ) $461M · 8,501
Frequently Asked Questions
How did Shannon Medical Center 401(k) Savings and Retirement Plan assets move in 2024? ▼
How have Shannon Medical Center plan assets changed over time? ▼
Where does Shannon Medical Center 401(k) Savings and Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Shannon Medical Center 401(k) Savings and Retirement Plan? ▼
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Filing takeaways
Ways to act on Shannon Medical Center 401(k) Savings and Retirement Plan's numbers.
- By total assets, Shannon Medical Center 401(k) Savings and Retirement 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
- Shannon Medical Center's sponsor-wide assets have grown 36.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans