401(k) · DOL Form 5500 · 2022
Life Time, Inc. 401(k) Plan
Data updated 2026-08-11
- $224M
- Total assets
- 20,563
- Participants
- 96th
- Percentile by assets
- $10,914
- Avg per participant
Official DOL plan name: Life Time and Its Affiliates 401(k) Plan · Sponsored by Life Time, Inc. · Minnesota · Arts, Entertainment & Recreation
$224M in assets, 20,563 participants
Life Time, Inc.'s Life Time and Its Affiliates 401(k) Plan reported $224M in total assets and 20,563 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #3,029 in Arts, Entertainment & Recreation (3,077 peers)
Coverage in Minnesota
Life Time and Its Affiliates 401(k) Plan covers 20,563 participants in Minnesota, 18x the typical Minnesota plan (state average ~1,126 per filing). Assets: $224M.
- $224M
- total plan assets (2022 EOY)
- 20,563
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $10,914
- avg assets per participant
The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Life Time and Its Affiliates 401(k) Plan reports 20,563 participants - 18x that state average ($224M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $262M |
|---|---|
| Net Assets (End of Year) | $224M |
| Net Income | -$37M |
| Employer EIN | 411689746 |
| Plan Effective Date | 1997-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Life Time, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 20,563 | $224M |
| 2023 | 1 | 23,608 | $277M |
| 2024 | 1 | 27,316 | $332M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Life Time and Its Affiliates 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Scale composition for Life Time and Its Affiliates 401(k) Plan
Life Time and Its Affiliates 401(k) Plan reports $224M in end-of-year assets across 20,563 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $10,914 per participant (8% of the national average assets-per-participant) . Net income for plan year 2022 was -$37M.
This plan identity (EIN 411689746, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $224M to $332M (+48.0%) while covered participants moved from 20,563 to 27,316 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 20,563 | $224M | This page |
| 2023 | 23,608 | $277M | Open filing |
| 2024 · index core | 27,316 | $332M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Life Time and Its Affiliates 401(k) Plan (401(k), $332M, 27,316 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Life Time and Its Affiliates 401(k) Plan by total assets, not by location.
- Stevens & Lee Savings Plan (PA) $224M · 321
- Karsten Manufacturing Corporation and Subsidiaries 401(k) Plan (AZ) $224M · 897
- Thyssenkrupp 401(k) Plan North America (OR) $225M · 2,208
- Nclc 401(k) Plan (FL) $225M · 2,834
Frequently Asked Questions
How did Life Time and Its Affiliates 401(k) Plan assets move in 2022? ▼
How have Life Time, Inc. plan assets changed over time? ▼
Where does Life Time and Its Affiliates 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Life Time and Its Affiliates 401(k) Plan? ▼
Next read for Life Time and Its Affiliates 401(k) Plan
Filing takeaways
Ways to act on Life Time and Its Affiliates 401(k) Plan's numbers.
- By total assets, Life Time and Its Affiliates 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Life Time, Inc.'s sponsor-wide assets have grown 48.0% since 2022 across 3 plan years on file. More Arts, Entertainment & Recreation plans