Other · DOL Form 5500 · 2022

Lifecare Medical Center Retirement Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
449
Participants Below avg headcount
85th
Percentile by assets National rank
$78,720
Avg per participant Below avg balance/head
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Official DOL plan name: 403(b) Retirement Plan of Lifecare Medical Center · Sponsored by Lifecare Medical Center · Minnesota · Healthcare & Social Assistance

$35M in assets, 449 participants

Lifecare Medical Center's 403(b) Retirement Plan of Lifecare Medical Center reported $35M in total assets and 449 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #17,466 in Healthcare & Social Assistance (20,060 peers)

Coverage in Minnesota

403(b) Retirement Plan of Lifecare Medical Center covers 449 participants in Minnesota, about 40% of the average Minnesota filer (state average ~1,126 per filing). Assets: $35M.

#17,466
in Healthcare & Social Assistance (20,060 peers)
-20.7%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

403(b) Retirement Plan of Lifecare Medical Center's outsized position by total assets

403(b) Retirement Plan of Lifecare Medical Center vs every filed plan by assets

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

$35,345,341 Top 15% higher than 85% 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) Retirement Plan of Lifecare Medical Center 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. 403(b) Retirement Plan of Lifecare Medical Center sits mid-pack in the medium band (449 participants).

EBSA filing schedule strip

Filing strip 411804205 · Lifecare Medical Center PY 2022 · Other

403(b) Retirement Plan of Lifecare Medical Center · $35M · 449 · 85th

  • NET $35M
  • NET 449
  • NET 85th
  • NET Other
  • NET near The Carnegie Foundation for the Advancement of Teaching DC Plan
  • NET ind #17466

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 Minnesota →

403(b) Retirement Plan of Lifecare Medical Center in the asset neighbourhood

Bridge Housing Corporation 403(b) Retirement PlanBridge Housing Corporation 4…$35MThe Carnegie Foundation for the Advancement of Teaching DC PlanThe Carnegie Foundation for …$35MColumbus School for Girls Retirement PlanColumbus School for Girls Re…$35M403(b) Retirement Plan of Lifecare Medical Center403(b) Retirement Plan of Li…$35MAppalachian Mountain Club Retirement PlanAppalachian Mountain Club Re…$35M
End-of-year total assets ($M) among 403(b) Retirement Plan of Lifecare Medical Center and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$35M
Net Income-$9M
Employer EIN411804205
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifecare Medical Center)

Sponsor-wide plan assets over time

All Lifecare Medical Center plans reported in each filing year

Latest sponsor-wide plan assets
$45M 27.794633527513568% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $35.4M $45.2M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 449 $35M
2023 1 447 $39M
2024 1 480 $45M

Nearby Other Plans in Minnesota

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

403(b) Retirement Plan of Lifecare Medical Center vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510 Total assets ($B) Participants 403(b) Retirement Plan of Lifecare Medical Center, Total assets ($B): 0.035345341 · Participants: 449403(b) Retirement Plan of Lifecare Medical CenterMayo 403(b) Plan, Total assets ($B): 9.453323372 · Participants: 80932Mayo 403(b) PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.739468957 · Participants: 10840Centracare Health System 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.691827028 · Participants: 5009Childrens Hospitals and Clinics Matched Savings PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.583263225 · Participants: 20332Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.358032714 · Participants: 2317University of St. Thomas Retirement Plan
403(b) Retirement Plan of Lifecare Medical Center vs. nearby Other plans in Minnesota, assets vs. participants

403(b) Retirement Plan of Lifecare Medical Center's out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is The Carnegie Foundation for the Advancement of Teaching DC Plan in CA ($35M); by covered participants it is Ehs, Inc 403(b) Plan in NY (449 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (449 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) Retirement Plan of Lifecare Medical Center assets move in 2022? ▼
403(b) Retirement Plan of Lifecare Medical Center declined sharply - down 20.7% during 2022, from $45M to $35M. Reported net income was -$9M.
How have Lifecare Medical Center plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lifecare Medical Center's sponsor-wide assets grew 27.8%, from $35M to $45M.
Where does 403(b) Retirement Plan of Lifecare Medical Center rank by assets among Form 5500 filers? ▼
403(b) Retirement Plan of Lifecare Medical Center ranks in the 85th 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) Retirement Plan of Lifecare Medical Center? ▼
Among Other plans in other states, the closest by assets is The Carnegie Foundation for the Advancement of Teaching DC Plan in CA ($35M, 59 participants).
Which Other plans cover a similar participant headcount to 403(b) Retirement Plan of Lifecare Medical Center? ▼
Among Other plans in other states, the closest by covered participants is Ehs, Inc 403(b) Plan in NY (449 participants, $13M in assets).