Defined Benefit (Pension) · DOL Form 5500 · 2024

Shands Teaching Hospital and Clinics, Inc. Pension Plan

Data updated 2026-08-25

$958M
Total assets Above avg plan size
2,264
Participants Above avg headcount
98th
Percentile by assets National rank
$423,069
Avg per participant High balance/head
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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.

  • #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.

#16,660
in Healthcare & Social Assistance (16,916 peers)
-4.1%
assets change YoY
9.6×
vs typical plan assets (national mean)

Shands Healthcare Pension Plan II's outsized position by total assets

Shands Healthcare Pension Plan II vs every filed plan by assets

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

$957,828,163 Top 2% higher than 98% 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

Shands Healthcare Pension Plan II'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. Shands Healthcare Pension Plan II lands in the large band (2,264 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 591943502 · Shands Teaching Hospital and Clinics, Inc. PY 2024 · Defined Benefit (Pension)

Shands Healthcare Pension Plan II · $958M · 2,264 · 98th

  • VS-ST $958M
  • VS-ST 2,264
  • VS-ST 98th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Pitney Bowes Pension Plan
  • VS-ST ind #16660

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 Florida →

Shands Healthcare Pension Plan II in the asset neighbourhood

Pipefitters Union Local No. 537 Pension FundPipefitters Union Local No. …$962MMutual of Omaha Retirement Income PlanMutual of Omaha Retirement I…$960MPitney Bowes Pension Plan$959MShands Healthcare Pension Plan IIShands Healthcare Pension Pl…$958MLocal 580 Pension Fund$953M
End-of-year total assets ($M) among Shands Healthcare Pension Plan II and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$999M
Net Assets (End of Year)$936M
Net Income$29M
Employer EIN591943502
Plan Effective Date2018-06-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Shands Teaching Hospital and Clinics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 13.363251998309785% vs 2022
2024 filing year
$1.8B$1.9B$2B$2.1B 202220232024 $1.83B $2.07B ▲ +13.1%
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 Scatter plot of 6 data points. 05000100001500020000 02468 Total assets ($B) Participants Shands Healthcare Pension Plan II, Total assets ($B): 0.957828163 · Participants: 2264Shands Healthcare Pension Plan IIL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.598643443 · Participants: 4996L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.345055504 · Participants: 14419Nextera Energy, Inc. Employee Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.667043153 · Participants: 3950Retirement Accumulation Plan for Partners of PwcCsx Pension Plan, Total assets ($B): 2.291461429 · Participants: 2293Csx Pension PlanRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.933306082 · Participants: 5001Retirement Benefit Accumulation Plan for Employees of Pwc
Shands Healthcare Pension Plan II vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
Compare Shands Healthcare Pension Plan II side-by-side with 3 peers →

Shands Healthcare Pension Plan II's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Florida, the nearest Defined Benefit (Pension) by assets is Pitney Bowes Pension Plan in CT ($959M); by covered participants it is Ufcw 360 Shop Rite Pension Fund in PA (2,262 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($958M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,264 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 Shands Healthcare Pension Plan II assets move in 2024? ▼
Shands Healthcare Pension Plan II edged down modestly - down 4.1% during 2024, from $999M to $958M. Reported net income was $29M.
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 grew 13.4%, from $1.8B to $2.1B.
Where does Shands Healthcare Pension Plan II rank by assets among Form 5500 filers? ▼
Shands Healthcare Pension Plan II ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Shands Healthcare Pension Plan II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pitney Bowes Pension Plan in CT ($959M, 858 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Shands Healthcare Pension Plan II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ufcw 360 Shop Rite Pension Fund in PA (2,262 participants, $33M 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 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.