Other · DOL Form 5500 · 2022

Lifenet Health Retirement Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
1,133
Participants Near avg headcount
89th
Percentile by assets National rank
$50,270
Avg per participant Low balance/head
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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.

  • #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.

#18,188
in Healthcare & Social Assistance (20,060 peers)
-8.4%
assets change YoY
0.6×
vs typical plan assets (national mean)

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's outsized position by total assets

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$56,955,992 Top 11% higher than 89% of 139,123 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 2022

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia lands in the large band (1,133 participants).

DOL schedule card

Filing strip 521273592 · Lifenet Health PY 2022 · Other

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia · $57M · 1,133 · 89th

  • ASSETS $57M
  • PCT 1,133
  • EIN 89th
  • RANK Other
  • PHOTO near Atlantic General Hospital Corporation Tax Deferred Plan
  • IND ind #18188

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 Virginia →

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia in the asset neighbourhood

Tower Hill School Defined Contribution Retirement PlanTower Hill School Defined Co…$57MDurham Academy, Inc. Defined Contribution and Tax Deferred Annuity PlanDurham Academy, Inc. Defined…$57MWestminster School Defined Contribution PlanWestminster School Defined C…$57MAtlantic General Hospital Corporation Tax Deferred PlanAtlantic General Hospital Co…$57M403(b) Thrift Plan for Lifenet Virginia Beach, Virginia403(b) Thrift Plan for Lifen…$57M
End-of-year total assets ($M) among 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$57M
Net Income-$5M
Employer EIN521273592
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifenet Health)

Sponsor-wide plan assets over time

All Lifenet Health plans reported in each filing year

Latest sponsor-wide plan assets
$192M 45.6978311658931% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $132M $192M ▲ +45.7%
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 Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia, Total assets ($B): 0.056955992 · Participants: 1133403(b) Thrift Plan for Lifenet Virginia Beach, VirginiaSentara 403(b) Savings Plan, Total assets ($B): 2.728114548 · Participants: 26421Sentara 403(b) Savings PlanThe George Washington University Supplemental Retirement Plan, Total assets ($B): 1.366750632 · Participants: 7903The George Washington University Supplemental Retirement PlanInstitute for Defense Analyses Tax Deferred Annuity Plan, Total assets ($B): 0.719336771 · Participants: 1346Institute for Defense Analyses Tax Deferred Annuity PlanCarilion Clinic 403(b) Retirement Savings Plan, Total assets ($B): 0.596873315 · Participants: 12418Carilion Clinic 403(b) Retirement Savings PlanCentra Health Matching Tax Deferred Savings Plan, Total assets ($B): 0.594755458 · Participants: 6854Centra Health Matching Tax Deferred Savings Plan
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia vs. nearby Other plans in Virginia, assets vs. participants
Compare 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia side-by-side with 3 peers →

403(b) Thrift Plan for Lifenet Virginia Beach, Virginia's out-of-state Other peers by assets and headcount

Outside Virginia, the nearest Other by assets is Atlantic General Hospital Corporation Tax Deferred Plan in MD ($57M); by covered participants it is Bentley University Retirement Plan in MA (1,134 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,133 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia assets move in 2022? ▼
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia pulled back noticeably - down 8.4% during 2022, from $62M to $57M. Reported net income was -$5M.
How have Lifenet Health plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lifenet Health's sponsor-wide assets grew 45.7%, from $132M to $192M.
Where does 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia rank by assets among Form 5500 filers? ▼
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia? ▼
Among Other plans in other states, the closest by assets is Atlantic General Hospital Corporation Tax Deferred Plan in MD ($57M, 731 participants).
Which Other plans cover a similar participant headcount to 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia? ▼
Among Other plans in other states, the closest by covered participants is Bentley University Retirement Plan in MA (1,134 participants, $407M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 521273592.

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.