Other · DOL Form 5500 · 2022
Lifenet Health Retirement Plan
Data updated 2026-08-11
- $57M
- Total assets
- 1,133
- Participants
- 89th
- Percentile by assets
- $50,270
- Avg per participant
Official DOL plan name: 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia · Sponsored by Lifenet Health · Virginia · Healthcare & Social Assistance
$57M in assets, 1,133 participants
Lifenet Health's 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia reported $57M in total assets and 1,133 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.
- 89th percentile by assets (of 139,126 plans)
- #18,188 in Healthcare & Social Assistance (20,060 peers)
Where 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia sits by assets
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia sits in the top quartile of all filed plans by assets, $57M for 1,133 participants (~$50,270/participant), down 8.4% in 2022.
- $57M
- total plan assets (2022 EOY)
- 1,133
- covered participants
- 89th
- percentile by assets (of 139,126 plans)
- $50,270
- avg assets per participant
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia vs the 2022 asset distribution
By assets, 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia outranks 89% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $62M |
|---|---|
| Net Assets (End of Year) | $57M |
| Net Income | -$5M |
| Employer EIN | 521273592 |
| Plan Effective Date | 2006-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lifenet Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,467 | $132M |
| 2023 | 2 | 2,843 | $164M |
| 2024 | 2 | 2,988 | $192M |
Nearby Other Plans in Virginia
Peer Other plans, same state, same plan type, ranked by total assets.
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia vs. nearby Other plans in Virginia, assets vs. participants
- Sentara 403(b) Savings Plan $2.7B · 26,421
- The George Washington University Supplemental Retirement Plan $1.4B · 7,903
- Institute for Defense Analyses Tax Deferred Annuity Plan $719M · 1,346
- Carilion Clinic 403(b) Retirement Savings Plan $597M · 12,418
- Centra Health Matching Tax Deferred Savings Plan $595M · 6,854
Similar-Sized Other Plans Nationally
Other plans in other states closest to 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia by total assets, not by location.
Frequently Asked Questions
How did 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia assets move in 2022? ▼
How have Lifenet Health plan assets changed over time? ▼
Where does 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia? ▼
Next read for 403(b) Thrift Plan for Lifenet Virginia …
Scale reading
Ways to act on 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia's numbers.
- By total assets, 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Virginia. Compare plans
- Lifenet Health's sponsor-wide assets have grown 45.7% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans