Profit Sharing · DOL Form 5500 · 2022

Lifenet Health Profit Sharing Plan

Data updated 2026-08-25

$75M
Total assets Below avg plan size
1,334
Participants Near avg headcount
91st
Percentile by assets National rank
$56,044
Avg per participant Low balance/head
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Official DOL plan name: Lifenet Profit Sharing Plan · Sponsored by Lifenet Health · Virginia · Healthcare & Social Assistance

$75M in assets, 1,334 participants

Lifenet Health's Lifenet Profit Sharing Plan reported $75M in total assets and 1,334 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #18,504 in Healthcare & Social Assistance (20,060 peers)

Where Lifenet Profit Sharing Plan sits by assets

Lifenet Profit Sharing Plan sits in the top 10% of all filed plans by assets, $75M for 1,334 participants (~$56,044/participant), down 13.5% in 2022.

#18,504
in Healthcare & Social Assistance (20,060 peers)
-13.5%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lifenet Profit Sharing Plan's outsized position by total assets

Lifenet Profit Sharing Plan vs every filed plan by assets

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

$74,763,211 Top 9% higher than 91% 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

Lifenet Profit Sharing Plan'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. Lifenet Profit Sharing Plan lands in the large band (1,334 participants).

Published 5500 schedule card

Filing strip 521273592 · Lifenet Health PY 2022 · Profit Sharing

Lifenet Profit Sharing Plan · $75M · 1,334 · 91st

  • VS-ST $75M
  • BOY 1,334
  • SCH 91st
  • EBSA Profit Sharing
  • PART near Southern New Hampshire Medical Center 401(a) Retirement Savings Plus Plan
  • TYPE ind #18504

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 →

Lifenet Profit Sharing Plan in the asset neighbourhood

Yeshiva University After-Tax Annuity PlanYeshiva University After-Tax…$75MLifenet Profit Sharing Plan$75MSouthern New Hampshire Medical Center 401(a) Retirement Savings Plus PlanSouthern New Hampshire Medic…$75MBoston Scientific Corporation 401(k) Retirement Savings Plan for Puerto Rico AffiliatesBoston Scientific Corporatio…$74MImpellam NA 401(k) Plan$74M
End-of-year total assets ($M) among Lifenet Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$75M
Net Income-$12M
Employer EIN521273592
Plan Effective Date1983-07-01
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 Profit Sharing Plans in Virginia

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Lifenet Profit Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 02004006008001000 Total assets ($M) Participants Lifenet Profit Sharing Plan, Total assets ($M): 74.763211 · Participants: 1334Lifenet Profit Sharing PlanSection 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia, Total assets ($M): 888.985056 · Participants: 4858Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in VirginiaCarpenter Co. Profit-Sharing Plan, Total assets ($M): 263.451567 · Participants: 2096Carpenter Co. Profit-Sharing PlanAmerican Institutes for Research Tax Deferred Annuity Plan, Total assets ($M): 224.68049 · Participants: 1097American Institutes for Research Tax Deferred Annuity PlanAnalytic Services Inc. Defined Contribution Retirement Plan, Total assets ($M): 177.636453 · Participants: 343Analytic Services Inc. Defined Contribution Retirement PlanSmart National Supplemental Savings Plan, Total assets ($M): 118.426043 · Participants: 8759Smart National Supplemental Savings Plan
Lifenet Profit Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Lifenet Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Virginia, the nearest Profit Sharing by assets is Southern New Hampshire Medical Center 401(a) Retirement Savings Plus Plan in NH ($75M); by covered participants it is Lifetime Assistance, Inc. Employee Retirement Plan in NY (1,331 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,334 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 Lifenet Profit Sharing Plan assets move in 2022? ▼
Lifenet Profit Sharing Plan pulled back noticeably - down 13.5% during 2022, from $86M to $75M. Reported net income was -$12M.
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 Lifenet Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Lifenet Profit Sharing Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Lifenet Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Southern New Hampshire Medical Center 401(a) Retirement Savings Plus Plan in NH ($75M, 2,175 participants).
Which Profit Sharing plans cover a similar participant headcount to Lifenet Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Lifetime Assistance, Inc. Employee Retirement Plan in NY (1,331 participants, $28M in assets).