Profit Sharing · DOL Form 5500 · 2024

Shands Teaching Hospital and Clinics, Inc. Profit Sharing Plan

Data updated 2026-07-24

$487M
Total assets: 10,470
Participants: 97th
Percentile by assets: $46,501
Avg per participant

Official DOL plan name: Shands Health Care Matched Savings Account 401(a) · Sponsored by Shands Teaching Hospital and Clinics, Inc. · Florida · Healthcare & Social Assistance

$487M in assets, 10,470 participants

Shands Teaching Hospital and Clinics, Inc.'s Shands Health Care Matched Savings Account 401(a) reported $487M in total assets and 10,470 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 116,472 plans)

Coverage in Florida

Shands Health Care Matched Savings Account 401(a) covers 10,470 participants in Florida, 17x the typical Florida plan (state average ~631 per filing). Assets: $487M.

$487M
total plan assets (2024 EOY): 10,470
covered participants: 97th
percentile by assets (of 116,472 plans): $46,501
avg assets per participant

Shands Health Care Matched Savings Account 401(a) end-of-year assets rose from $421M in the plan year 2023 filing to $487M in the plan year 2024 filing.
Shands Health Care Matched Savings Account 401(a) reported net income fell from $72M in the plan year 2023 filing to $66M in the plan year 2024 filing.
Shands Health Care Matched Savings Account 401(a) reported participants rose from 9,825 in the plan year 2023 filing to 10,470 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Florida

Industry

Healthcare & Social Assistance

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. Shands Health Care Matched Savings Account 401(a) reports 10,470 participants - 17x that state average ($487M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)	$421M
Net Assets (End of Year)	$487M
Net Income	$66M
Employer EIN	591943502
Plan Effective Date	1998-07-01
Filing Status	FILING RECEIVED

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

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 Profit Sharing Plans in Florida

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

Shands Health Care Matched Savings Account 401(a) vs. nearby Profit Sharing plans in Florida, assets vs. participants

Orlando Health, Inc. Retirement Savings Plan 401a $458M · 27,976
Lakeland Regional Medical Center Retirement Plan Trust $189M · 5,019
Plumbers & Steamfitters 72 Defined Contrib Fund $162M · 3,631
Brooks Rehabilitation 403(b) Retirement Plan $123M · 957
Avm, L.P. Profit Sharing Plan $75M · 77

Compare Shands Health Care Matched Savings Accou… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Shands Health Care Matched Savings Account 401(a) by total assets, not by location.

Sheet Metal Workers Annuity Fund Local Union No. 19 (PA) $474M · 2,850
American Heart Association, Inc. Qualified Retirement Plan (TX) $514M · 3,779
University of Maryland Medical System 401(a) Defined Contribution Plan (MD) $515M · 6,423
The Savings Plan for Lilly Affiliate Employees in Puerto Rico (PR) $519M · 1,140

Frequently Asked Questions

How did Shands Health Care Matched Savings Account 401(a) assets move in 2024? ▼

Shands Health Care Matched Savings Account 401(a) grew sharply - up 15.6% during 2024, from $421M to $487M. Reported net income was $66M.

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 Health Care Matched Savings Account 401(a) rank by assets among Form 5500 filers? ▼

Shands Health Care Matched Savings Account 401(a) ranks in the 97th 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 Profit Sharing plans are similar in size to Shands Health Care Matched Savings Account 401(a)? ▼

Among Profit Sharing plans in other states, the closest by assets is Sheet Metal Workers Annuity Fund Local Union No. 19 in PA ($474M, 2,850 participants).

Next read for Shands Health Care Matched Savings Accou…

Filing takeaways

Ways to act on Shands Health Care Matched Savings Account 401(a)'s numbers.

By total assets, Shands Health Care Matched Savings Account 401(a) ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Florida. Compare plans
Shands Teaching Hospital and Clinics, Inc.'s sponsor-wide assets have declined 39.1% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

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 591943502.

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.