401(k) · DOL Form 5500 · 2022
Life Time, Inc. 401(k) Plan
Data updated 2026-08-25
- $224M
- Total assets Near avg plan size
- 20,563
- Participants Very large workforce
- 96th
- Percentile by assets National rank
- $10,914
- Avg per participant Low balance/head
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.
- #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.
- #3,029
- in Arts, Entertainment & Recreation (3,077 peers)
- -14.3%
- assets change YoY
- 2.3×
- vs typical plan assets (national mean)
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.
Life Time and Its Affiliates 401(k) Plan's outsized position by total assets
Life Time and Its Affiliates 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$224,430,245 Top 4% higher than 96% 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
Life Time and Its Affiliates 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Life Time and Its Affiliates 401(k) Plan is a mega filing (20,563 participants), the rightmost band on the breakdown.
DOL schedule card
Filing strip 411689746 · Life Time, Inc. PY 2022 · 401(k)
Life Time and Its Affiliates 401(k) Plan · $224M · 20,563 · 96th
- TYPE $224M
- TYPE 20,563
- TYPE 96th
- TYPE 401(k)
- TYPE near Stevens & Lee Savings Plan
- TYPE ind #3029
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 Arts, Entertainment & Recreation retirement plans → · Plans in Minnesota →
Life Time and Its Affiliates 401(k) Plan in the asset neighbourhood
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.)
Sponsor-wide plan assets over time
All Life Time, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $332M 47.98692440049691% vs 2022
- 2024 filing year
| 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.
- 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)
Life Time and Its Affiliates 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Stevens & Lee Savings Plan in PA ($224M); by covered participants it is Navy Federal 401(k) Savings Plan in VA (20,588 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($224M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (20,563 participants); asset peers above are excluded.
- Navy Federal 401(k) Savings Plan (VA) 20,588 · 25 off
- Takeda Pharmaceutical U.S.a., Inc. Savings and Retirement Plan (IL) 20,597 · 34 off
- Sunrise Senior Living 401(k) Plan (VA) 20,629 · 66 off
- Keurig Dr Pepper 401(k) Plan (TX) 20,642 · 79 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.