Profit Sharing · DOL Form 5500 · 2022
Lifenet Health Profit Sharing Plan
Data updated 2026-08-11
- $75M
- Total assets
- 1,334
- Participants
- 91st
- Percentile by assets
- $56,044
- Avg per participant
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.
- 91st percentile by assets (of 139,126 plans)
- #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.
- $75M
- total plan assets (2022 EOY)
- 1,334
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $56,044
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Lifenet Profit Sharing Plan outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $86M |
|---|---|
| Net Assets (End of Year) | $75M |
| Net Income | -$12M |
| Employer EIN | 521273592 |
| Plan Effective Date | 1983-07-01 |
| 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 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
- Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia $889M · 4,858
- Carpenter Co. Profit-Sharing Plan $263M · 2,096
- American Institutes for Research Tax Deferred Annuity Plan $225M · 1,097
- Analytic Services Inc. Defined Contribution Retirement Plan $178M · 343
- Smart National Supplemental Savings Plan $118M · 8,759
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Lifenet Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did Lifenet Profit Sharing Plan assets move in 2022? ▼
How have Lifenet Health plan assets changed over time? ▼
Where does Lifenet Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Lifenet Profit Sharing Plan? ▼
Next read for Lifenet Profit Sharing Plan
Scale reading
Ways to act on Lifenet Profit Sharing Plan's numbers.
- By total assets, Lifenet Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing 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