Other · DOL Form 5500 · 2022
Lifecare Medical Center Retirement Plan
Data updated 2026-08-11
- $35M
- Total assets
- 449
- Participants
- 85th
- Percentile by assets
- $78,720
- Avg per participant
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.
- 85th percentile by assets (of 139,126 plans)
- #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.
- $35M
- total plan assets (2022 EOY)
- 449
- covered participants
- 85th
- percentile by assets (of 139,126 plans)
- $78,720
- avg assets per participant
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.
Where 403(b) Retirement Plan of Lifecare Medical Center sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. 403(b) Retirement Plan of Lifecare Medical Center reports 449 participants - about 40% of that state average ($35M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $45M |
|---|---|
| Net Assets (End of Year) | $35M |
| Net Income | -$9M |
| Employer EIN | 411804205 |
| Plan Effective Date | 1995-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lifecare Medical Center)
| 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
- Mayo 403(b) Plan $9.5B · 80,932
- Centracare Health System 403(b) Plan $739M · 10,840
- Childrens Hospitals and Clinics Matched Savings Plan $692M · 5,009
- Carpenters & Joiners Defined Contribution Plan $583M · 20,332
- University of St. Thomas Retirement Plan $358M · 2,317
Similar-Sized Other Plans Nationally
Other plans in other states closest to 403(b) Retirement Plan of Lifecare Medical Center by total assets, not by location.
Frequently Asked Questions
How did 403(b) Retirement Plan of Lifecare Medical Center assets move in 2022? ▼
How have Lifecare Medical Center plan assets changed over time? ▼
Where does 403(b) Retirement Plan of Lifecare Medical Center rank by assets among Form 5500 filers? ▼
Which Other plans are similar in size to 403(b) Retirement Plan of Lifecare Medical Center? ▼
Next read for 403(b) Retirement Plan of Lifecare Medic…
Filing takeaways
Ways to act on 403(b) Retirement Plan of Lifecare Medical Center's numbers.
- By total assets, 403(b) Retirement Plan of Lifecare Medical Center ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Minnesota. Compare plans
- Lifecare Medical Center's sponsor-wide assets have grown 27.8% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans