401(k) · DOL Form 5500 · 2024

Shannon Medical Center 401(k) Plan

Data updated 2026-08-25

$461M
Total assets Above avg plan size
4,087
Participants Above avg headcount
97th
Percentile by assets National rank
$112,741
Avg per participant Below avg balance/head
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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.

  • #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.

#16,425
in Healthcare & Social Assistance (16,916 peers)
+12.9%
assets growth YoY
4.6×
vs typical plan assets (national mean)

Shannon Medical Center 401(k) Savings and Retirement Plan's outsized position by total assets

Shannon Medical Center 401(k) Savings and Retirement Plan vs every filed plan by assets

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

$460,772,377 Top 3% higher than 97% 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

Shannon Medical Center 401(k) Savings and Retirement 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. Shannon Medical Center 401(k) Savings and Retirement Plan lands in the large band (4,087 participants).

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.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 752559845 · Shannon Medical Center PY 2024 · 401(k)

Shannon Medical Center 401(k) Savings and Retirement Plan · $461M · 4,087 · 97th

  • EIN $461M
  • RANK 4,087
  • PHOTO 97th
  • IND 401(k)
  • EOY near Toppan Merrill 401(k) Plan
  • 5500 ind #16425

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 →

Shannon Medical Center 401(k) Savings and Retirement Plan in the asset neighbourhood

Arizona Pipe Trades Defined Contribution Pension PlanArizona Pipe Trades Defined …$461MVeeva Systems Inc. 401(k) PlanVeeva Systems Inc. 401(k) Pl…$461MToppan Merrill 401(k) Plan$461MShannon Medical Center 401(k) Savings and Retirement PlanShannon Medical Center 401(k…$461MPrintpack Inc Savings & Profit Sharing PlanPrintpack Inc Savings & Prof…$461M
End-of-year total assets ($M) among Shannon Medical Center 401(k) Savings and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$408M
Net Assets (End of Year)$461M
Net Income$53M
Employer EIN752559845
Plan Effective Date1975-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shannon Medical Center)

Sponsor-wide plan assets over time

All Shannon Medical Center plans reported in each filing year

Latest sponsor-wide plan assets
$461M 36.123806954932% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $339M $461M ▲ +36.1%
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 Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Shannon Medical Center 401(k) Savings and Retirement Plan, Total assets ($B): 0.460772377 · Participants: 4087Shannon Medical Center 401(k) Savings and Retirement 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
Shannon Medical Center 401(k) Savings and Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Shannon Medical Center 401(k) Savings and Retirement Plan side-by-side with 3 peers →

Shannon Medical Center 401(k) Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Toppan Merrill 401(k) Plan in MN ($461M); by covered participants it is Teco Energy Group Retirement Savings Plan in FL (4,089 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($461M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,087 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 Shannon Medical Center 401(k) Savings and Retirement Plan assets move in 2024? ▼
Shannon Medical Center 401(k) Savings and Retirement Plan grew at a solid clip - up 12.9% during 2024, from $408M to $461M. Reported net income was $53M.
How have Shannon Medical Center plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shannon Medical Center's sponsor-wide assets grew 36.1%, from $338M to $461M.
Where does Shannon Medical Center 401(k) Savings and Retirement Plan rank by assets among Form 5500 filers? ▼
Shannon Medical Center 401(k) Savings and Retirement Plan ranks in the 97th 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 Shannon Medical Center 401(k) Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Toppan Merrill 401(k) Plan in MN ($461M, 998 participants).
Which 401(k) plans cover a similar participant headcount to Shannon Medical Center 401(k) Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teco Energy Group Retirement Savings Plan in FL (4,089 participants, $1.1B 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 752559845.

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.