Other · DOL Form 5500 · 2024

Shands Teaching Hospital and Clinics, Inc. Retirement Plan

Data updated 2026-08-06

$625M
Total assets
11,793
Participants
98th
Percentile by assets
$52,971
Avg per participant
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Official DOL plan name: Shands Healthcare Matched Savings Account 403(b) · Sponsored by Shands Teaching Hospital and Clinics, Inc. · Florida · Healthcare & Social Assistance

$625M in assets, 11,793 participants

Shands Teaching Hospital and Clinics, Inc.'s Shands Healthcare Matched Savings Account 403(b) reported $625M in total assets and 11,793 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)
  • #15,245 in Healthcare & Social Assistance (15,613 peers)

Coverage in Florida

Shands Healthcare Matched Savings Account 403(b) covers 11,793 participants in Florida, 19x the typical Florida plan (state average ~631 per filing). Assets: $625M.

$625M
total plan assets (2024 EOY)
11,793
covered participants
98th
percentile by assets (of 116,472 plans)
$52,971
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Shands Healthcare Matched Savings Account 403(b) reported net income fell from $80M in the plan year 2023 filing to $65M in the plan year 2024 filing.
  • Shands Healthcare Matched Savings Account 403(b) end-of-year assets rose from $560M in the plan year 2023 filing to $625M in the plan year 2024 filing.
  • Shands Healthcare Matched Savings Account 403(b) reported participants rose from 11,144 in the plan year 2023 filing to 11,793 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. Shands Healthcare Matched Savings Account 403(b) reports 11,793 participants - 19x that state average ($625M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$560M
Net Assets (End of Year)$625M
Net Income$65M
Employer EIN591943502
Plan Effective Date2002-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shands Teaching Hospital and Clinics, Inc.)

$1B$1.5B$2B$2.5B 202220232024 $1.83B $1.11B ▼ -39.3%
Total plan assets by year, all Shands Teaching Hospital and Clinics, Inc. plans on file
Year Plans Participants Total Assets
2022 3 22,571 $1.8B
2023 3 23,391 $2.0B
2024 2 22,263 $1.1B

Nearby Other Plans in Florida

Peer Other plans, same state, same plan type, ranked by total assets.

Shands Healthcare Matched Savings Account 403(b) vs. nearby Other plans in Florida, assets vs. participants

Shands Healthcare Matched Savings Account 403(b) vs. nearby Other plans in Florida, assets vs. participants Scatter plot of 6 data points. 50001000015000200002500030000 0.511.522.53 Total assets ($B) Participants Shands Healthcare Ma…Baptist Health South…University of Miami …Orlando Health Retir…The Nemours Foundati…Lee Health System 40…
Shands Healthcare Matched Savings Account 403(b) vs. nearby Other plans in Florida, assets vs. participants

Scale composition for Shands Healthcare Matched Savings Account 403(b)

Shands Healthcare Matched Savings Account 403(b) reports $625M in end-of-year assets across 11,793 participants (0.005% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.013% of 89,805,449 covered participants) - about $52,971 per participant (39% of the national average assets-per-participant) . Net income for plan year 2024 was $65M.

This plan identity (EIN 591943502, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $480M to $625M (+30.2%) while covered participants moved from 10,522 to 11,793 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,522 $480M Open filing
2023 11,144 $560M Open filing
2024 · index core 11,793 $625M This page

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Other Plans Nationally

Other plans in other states closest to Shands Healthcare Matched Savings Account 403(b) by total assets, not by location.

Frequently Asked Questions

How did Shands Healthcare Matched Savings Account 403(b) assets move in 2024?
Shands Healthcare Matched Savings Account 403(b) grew at a solid clip - up 11.6% during 2024, from $560M to $625M. Reported net income was $65M.
How have Shands Teaching Hospital and Clinics, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shands Teaching Hospital and Clinics, Inc.'s sponsor-wide assets declined 39.1%, from $1.8B to $1.1B.
Where does Shands Healthcare Matched Savings Account 403(b) rank by assets among Form 5500 filers?
Shands Healthcare Matched Savings Account 403(b) 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 Other plans are similar in size to Shands Healthcare Matched Savings Account 403(b)?
Among Other plans in other states, the closest by assets is Nrel 403(b) Employee Savings Plan in CO ($625M, 3,207 participants).

Next read for Shands Healthcare Matched Savings Accoun…

Filing takeaways

Ways to act on Shands Healthcare Matched Savings Account 403(b)'s numbers.