401(k) · DOL Form 5500 · 2022

Life Care Centers of America, Inc. 401(k) Plan

Data updated 2026-08-11

$258M
Total assets
22,578
Participants
96th
Percentile by assets
$11,409
Avg per participant
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Official DOL plan name: Life Care Centers of America, Inc. 401(k) Savings Plan · Sponsored by Life Care Centers of America, Inc. · Tennessee · Healthcare & Social Assistance

$258M in assets, 22,578 participants

Life Care Centers of America, Inc.'s Life Care Centers of America, Inc. 401(k) Savings Plan reported $258M in total assets and 22,578 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #19,422 in Healthcare & Social Assistance (20,060 peers)

Coverage in Tennessee

Life Care Centers of America, Inc. 401(k) Savings Plan covers 22,578 participants in Tennessee, 20x the typical Tennessee plan (state average ~1,126 per filing). Assets: $258M.

$258M
total plan assets (2022 EOY)
22,578
covered participants
96th
percentile by assets (of 139,126 plans)
$11,409
avg assets per participant

The plan reported a net loss of $55M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Life Care Centers of America, Inc. 401(k) Savings Plan reports 22,578 participants - 20x that state average ($258M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$313M
Net Assets (End of Year)$257M
Net Income-$55M
Employer EIN620963862
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Life Care Centers of America, Inc.)

$240M$260M$280M$300M$320M 202220232024 $258M $298M ▲ +15.7%
Total plan assets by year, all Life Care Centers of America, Inc. plans on file
Year Plans Participants Total Assets
2022 1 22,578 $258M
2023 1 21,848 $284M
2024 1 22,871 $298M

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Life Care Centers of America, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Life Care Centers of America, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Life Care Centers of…Fedex Corporation Re…Hca 401(k) PlanInternational Paper …Federal Express Corp…Chs/Community Health…
Life Care Centers of America, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Scale composition for Life Care Centers of America, Inc. 401(k) Savings Plan

Life Care Centers of America, Inc. 401(k) Savings Plan reports $258M in end-of-year assets across 22,578 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.024% of 93,925,755 covered participants) - about $11,409 per participant (8% of the national average assets-per-participant) . Net income for plan year 2022 was -$55M.

This plan identity (EIN 620963862, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $258M to $298M (+15.7%) while covered participants moved from 22,578 to 22,871 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 22,578 $258M This page
2023 21,848 $284M Open filing
2024 · index core 22,871 $298M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Life Care Centers of America, Inc. 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Life Care Centers of America, Inc. 401(k) Savings Plan assets move in 2022?
Life Care Centers of America, Inc. 401(k) Savings Plan declined sharply - down 17.7% during 2022, from $313M to $258M. Reported net income was -$55M.
How have Life Care Centers of America, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Life Care Centers of America, Inc.'s sponsor-wide assets grew 15.7%, from $258M to $298M.
Where does Life Care Centers of America, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers?
Life Care Centers of America, Inc. 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Life Care Centers of America, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Ttec 401(k) Profit Sharing Plan in CO ($258M, 25,194 participants).

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Filing takeaways

Ways to act on Life Care Centers of America, Inc. 401(k) Savings Plan's numbers.