Profit Sharing · DOL Form 5500 · 2022

Life, Inc. Profit Sharing Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
406
Participants Below avg headcount
59th
Percentile by assets National rank
$18,362
Avg per participant Low balance/head
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Official DOL plan name: Life, Inc. Retirement Plan and Trust · Sponsored by Life, Inc. · North Carolina · Healthcare & Social Assistance

$7M in assets, 406 participants

Life, Inc.'s Life, Inc. Retirement Plan and Trust reported $7M in total assets and 406 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.

  • #12,969 in Healthcare & Social Assistance (20,060 peers)

Coverage in North Carolina

Life, Inc. Retirement Plan and Trust covers 406 participants in North Carolina, about 50% of the average North Carolina filer (state average ~819 per filing). Assets: $7M.

#12,969
in Healthcare & Social Assistance (20,060 peers)
-10.2%
assets change YoY

The plan reported a net loss of $850K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Life, Inc. Retirement Plan and Trust's mid-pack asset rank among Healthcare & Social Assistance and all filers

Life, Inc. Retirement Plan and Trust vs every filed plan by assets

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

$7,454,836 Top 41% higher than 59% 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

Life, Inc. Retirement Plan and Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Life, Inc. Retirement Plan and Trust sits mid-pack in the medium band (406 participants).

Published 5500 schedule card

Filing strip 561612948 · Life, Inc. PY 2022 · Profit Sharing

Life, Inc. Retirement Plan and Trust · $7M · 406 · 59th

  • RANK $7M
  • PHOTO 406
  • IND 59th
  • EOY Profit Sharing
  • 5500 near Jawbone Inc Profit Sharing Plan
  • ASSETS ind #12969

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 North Carolina →

Life, Inc. Retirement Plan and Trust in the asset neighbourhood

Jawbone Inc Profit Sharing PlanJawbone Inc Profit Sharing P…$7MLife, Inc. Retirement Plan and TrustLife, Inc. Retirement Plan a…$7MWesley Commons 403(b) Retirement Savings PlanWesley Commons 403(b) Retire…$7MLuther Home of Mercy Retirement Savings PlanLuther Home of Mercy Retirem…$7MHampton Regional Medical Center Tax Deferred Annuity PlanHampton Regional Medical Cen…$7M
End-of-year total assets ($M) among Life, Inc. Retirement Plan and Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$850K
Employer EIN561612948
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Life, Inc.)

Sponsor-wide plan assets over time

All Life, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 11.25006639985105% vs 2022
2024 filing year
$7M$7.5M$8M$8.5M 202220232024 $7.45M $8.29M ▲ +11.3%
Year Plans Participants Total Assets
2022 1 406 $7M
2023 1 417 $8M
2024 1 428 $8M

Nearby Profit Sharing Plans in North Carolina

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

Life, Inc. Retirement Plan and Trust vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -0.500.511.52 Total assets ($B) Participants Life, Inc. Retirement Plan and Trust, Total assets ($B): 0.007454836 · Participants: 406Life, Inc. Retirement Plan and TrustTax Deferred Savings Plan of Novant Health, Inc., Total assets ($B): 1.870436298 · Participants: 29251Tax Deferred Savings Plan of Novant Health, Inc.Wakemed Retirement Savings Plan, Total assets ($B): 1.11733971 · Participants: 11689Wakemed Retirement Savings PlanCharter Communications, Inc. Retirement Accumulation Plan, Total assets ($B): 0.992833723 · Participants: 88468Charter Communications, Inc. Retirement Accumulation PlanFirsthealth of the Carolinas, Inc. Retirement Growth Plan, Total assets ($B): 0.09482539 · Participants: 5217Firsthealth of the Carolinas, Inc. Retirement Growth PlanBaker & Taylor Retirement Savings Plan, Total assets ($B): 0.060345776 · Participants: 1358Baker & Taylor Retirement Savings Plan
Life, Inc. Retirement Plan and Trust vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Life, Inc. Retirement Plan and Trust's out-of-state Profit Sharing peers by assets and headcount

Outside North Carolina, the nearest Profit Sharing by assets is Jawbone Inc Profit Sharing Plan in CA ($7M); by covered participants it is Cobham Orchard Park Defined Contribution Plan in NY (406 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (406 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 Life, Inc. Retirement Plan and Trust assets move in 2022?
Life, Inc. Retirement Plan and Trust pulled back noticeably - down 10.2% during 2022, from $8M to $7M. Reported net income was -$850K.
How have Life, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Life, Inc.'s sponsor-wide assets grew 11.3%, from $7M to $8M.
Which Profit Sharing plans are similar in size to Life, Inc. Retirement Plan and Trust?
Among Profit Sharing plans in other states, the closest by assets is Jawbone Inc Profit Sharing Plan in CA ($7M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Life, Inc. Retirement Plan and Trust?
Among Profit Sharing plans in other states, the closest by covered participants is Cobham Orchard Park Defined Contribution Plan in NY (406 participants, N/A in assets).