Defined Benefit (Pension) · DOL Form 5500 · 2024
Shands Teaching Hospital and Clinics, Inc. Pension Plan
Data updated 2026-08-11
- $958M
- Total assets
- 2,264
- Participants
- 98th
- Percentile by assets
- $423,069
- Avg per participant
Official DOL plan name: Shands Healthcare Pension Plan II · Sponsored by Shands Teaching Hospital and Clinics, Inc. · Florida · Healthcare & Social Assistance
$958M in assets, 2,264 participants
Shands Teaching Hospital and Clinics, Inc.'s Shands Healthcare Pension Plan II reported $958M in total assets and 2,264 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 123,622 plans)
- #16,660 in Healthcare & Social Assistance (16,916 peers)
Coverage in Florida
Shands Healthcare Pension Plan II covers 2,264 participants in Florida, 3.6x the typical Florida plan (state average ~628 per filing). Assets: $958M.
- $958M
- total plan assets (2024 EOY)
- 2,264
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $423,069
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Shands Healthcare Pension Plan II reported net income rose from -$7M in the plan year 2023 filing to $29M in the plan year 2024 filing.
- Shands Healthcare Pension Plan II reported participants fell from 2,422 in the plan year 2023 filing to 2,264 in the plan year 2024 filing.
- Shands Healthcare Pension Plan II end-of-year assets fell from $999M in the plan year 2023 filing to $958M in the plan year 2024 filing.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Shands Healthcare Pension Plan II reports 2,264 participants - 3.6x that state average ($958M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $999M |
|---|---|
| Net Assets (End of Year) | $936M |
| Net Income | $29M |
| Employer EIN | 591943502 |
| Plan Effective Date | 2018-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Shands Teaching Hospital and Clinics, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 22,571 | $1.8B |
| 2023 | 3 | 23,391 | $2.0B |
| 2024 | 3 | 24,527 | $2.1B |
Nearby Defined Benefit (Pension) Plans in Florida
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Shands Healthcare Pension Plan II vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
- L3harris Technologies Consolidated Pension Plan $7.6B · 4,996
- Nextera Energy, Inc. Employee Pension Plan $5.3B · 14,419
- Retirement Accumulation Plan for Partners of Pwc $2.7B · 3,950
- Csx Pension Plan $2.3B · 2,293
- Retirement Benefit Accumulation Plan for Employees of Pwc $1.9B · 5,001
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Shands Healthcare Pension Plan II by total assets, not by location.
- Pitney Bowes Pension Plan (CT) $959M · 858
- Mutual of Omaha Retirement Income Plan (NE) $960M · 415
- Pipefitters Union Local No. 537 Pension Fund (MA) $962M · 2,310
- Local 580 Pension Fund (NY) $953M · 1,516
Frequently Asked Questions
How did Shands Healthcare Pension Plan II assets move in 2024? ▼
How have Shands Teaching Hospital and Clinics, Inc. plan assets changed over time? ▼
Where does Shands Healthcare Pension Plan II rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Shands Healthcare Pension Plan II? ▼
Next read for Shands Healthcare Pension Plan II
Filing takeaways
Ways to act on Shands Healthcare Pension Plan II's numbers.
- By total assets, Shands Healthcare Pension Plan II ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Florida. Compare plans
- Shands Teaching Hospital and Clinics, Inc.'s sponsor-wide assets have grown 13.4% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans