Shannon Medical Center 401(k) Plan: Login, Facts & Contact Information

Shannon Medical Center 401(k) Plan Facts

Plan name
SHANNON MEDICAL CENTER 401(K) SAVINGS AND RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SHANNON MEDICAL CENTER
Participants
5,423 (4,417 active employees)
Former employees with a balance
878
Plan assets
$460,772,377 at Dec 31, 2024
Average account balance
$83,731 across 5,503 accounts
Employer contributions
$9,625,759 in plan year 2024 (31% of all contributions)
Recordkeeper
Milliman, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1975
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 7, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $31.3 million went into the plan in contributions, $9.63 million of it from the employer (31%).
  • $33.8 million was paid out to participants.
  • Investment and other income added $55.7 million.
  • Administrative expenses were $619,802, about $113 per account.

How the Shannon Medical Center 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,737$297.2 million$5.56 million$15.9 million
20203,848$329.2 million$6.09 million$26.8 million
20214,751$392.4 million$7.43 million$20.9 million
20225,183$338.5 million$7.84 million$15.7 million
20234,926$408.2 million$8.60 million$22.5 million
20245,423$460.8 million$9.63 million$33.8 million

Shannon Medical Center 401(k) Contact Information

Phone
325-747-1511
Mailing address
120 EAST HARRIS AVENUE, SAN ANGELO TX 76903
Plan sponsor
SHANNON MEDICAL CENTER
Employer identification number (EIN)
75-2559845
Plan number
001

Questions about the Shannon Medical Center 401(k)

Does Shannon Medical Center contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $9.63 million, 31% of all contributions.

Does the Shannon Medical Center 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Shannon Medical Center 401(k) plan?

5,423 participants at the start of plan year 2024, 4,417 of them active employees, and 878 former employees who still had money in the plan.

What is the average 401(k) balance at Shannon Medical Center?

About $83,731 per account: $460.8 million in plan assets across 5,503 accounts with a balance at the end of plan year 2024.

Who manages the Shannon Medical Center 401(k) accounts?

Milliman (listed on the filing as MILLIMAN, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Shannon Medical Center. How do I access my 401(k)?

Your account stays with Milliman after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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