401(k) · DOL Form 5500 · 2024

Shawmut Group Inc. 401(k) Plan

Data updated 2026-08-25

$188M
Total assets Near avg plan size
872
Participants Near avg headcount
94th
Percentile by assets National rank
$215,663
Avg per participant Above avg balance/head
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Official DOL plan name: Shawmut Group 401(k) Plan · Sponsored by Shawmut Group Inc. · Massachusetts · Construction

$188M in assets, 872 participants

Shawmut Group Inc.'s Shawmut Group 401(k) Plan reported $188M in total assets and 872 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,387 in Construction (9,039 peers)

Where Shawmut Group 401(k) Plan sits by assets

Shawmut Group 401(k) Plan sits in the top 10% of all filed plans by assets, $188M for 872 participants (~$215,663/participant), up 18.4% in 2024.

#8,387
in Construction (9,039 peers)
+18.4%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Shawmut Group 401(k) Plan's outsized position by total assets

Shawmut Group 401(k) Plan vs every filed plan by assets

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

$188,058,070 Top 6% higher than 94% 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

Shawmut Group 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shawmut Group 401(k) Plan sits mid-pack in the medium band (872 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Shawmut Group 401(k) Plan reported net income rose from $22M in the plan year 2023 filing to $31M in the plan year 2024 filing.
  • Shawmut Group 401(k) Plan end-of-year assets rose from $159M in the plan year 2023 filing to $188M in the plan year 2024 filing.
  • Shawmut Group 401(k) Plan reported participants rose from 822 in the plan year 2023 filing to 872 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 813645861 · Shawmut Group Inc. PY 2024 · 401(k)

Shawmut Group 401(k) Plan · $188M · 872 · 94th

  • SCH $188M
  • SCH 872
  • SCH 94th
  • SCH 401(k)
  • SCH near Pape-Dawson Consulting Engineers, LLC. Employee 401(k) Plan
  • SCH ind #8387

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 Construction retirement plans → · Plans in Massachusetts →

Shawmut Group 401(k) Plan in the asset neighbourhood

Packaging Coordinators, Inc. 401(k) Savings PlanPackaging Coordinators, Inc.…$188MSuperior Essex 401(k) Plan$188MShawmut Group 401(k) Plan$188MPape-Dawson Consulting Engineers, LLC. Employee 401(k) PlanPape-Dawson Consulting Engin…$188MAnesthesia Practice Consultants, P.C. Savings and Retirement PlanAnesthesia Practice Consulta…$188M
End-of-year total assets ($M) among Shawmut Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$159M
Net Assets (End of Year)$188M
Net Income$31M
Employer EIN813645861
Plan Effective Date1986-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shawmut Group Inc.)

Sponsor-wide plan assets over time

All Shawmut Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$188M 49.17310831021775% vs 2022
2024 filing year
$100M$200M$300M$400M$500M 202220232024 $370M $188M ▼ -49.2%
Year Plans Participants Total Assets
2022 2 1,505 $370M
2023 2 1,538 $433M
2024 1 872 $188M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Shawmut Group 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Shawmut Group 401(k) Plan, Total assets ($B): 0.18805807 · Participants: 872Shawmut Group 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Shawmut Group 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Shawmut Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Pape-Dawson Consulting Engineers, LLC. Employee 401(k) Plan in TX ($188M); by covered participants it is Stinson LLP Retirement Plan in MO (872 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (872 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 Shawmut Group 401(k) Plan assets move in 2024?
Shawmut Group 401(k) Plan grew sharply - up 18.4% during 2024, from $159M to $188M. Reported net income was $31M.
How have Shawmut Group Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shawmut Group Inc.'s sponsor-wide assets declined 49.2%, from $370M to $188M.
Where does Shawmut Group 401(k) Plan rank by assets among Form 5500 filers?
Shawmut Group 401(k) Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Shawmut Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Pape-Dawson Consulting Engineers, LLC. Employee 401(k) Plan in TX ($188M, 791 participants).
Which 401(k) plans cover a similar participant headcount to Shawmut Group 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Stinson LLP Retirement Plan in MO (872 participants, $614M in assets).