401(k) · DOL Form 5500 · 2022

Lifespan Corporation 401(k) Plan

Data updated 2026-08-11

$682M
Total assets
13,888
Participants
98th
Percentile by assets
$49,089
Avg per participant
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Official DOL plan name: Lifespan 401(k) Retirement Savings Plan · Sponsored by Lifespan Corporation · Rhode Island · Healthcare & Social Assistance

$682M in assets, 13,888 participants

Lifespan Corporation's Lifespan 401(k) Retirement Savings Plan reported $682M in total assets and 13,888 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #19,787 in Healthcare & Social Assistance (20,060 peers)

Coverage in Rhode Island

Lifespan 401(k) Retirement Savings Plan covers 13,888 participants in Rhode Island, 9.6x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $682M.

$682M
total plan assets (2022 EOY)
13,888
covered participants
98th
percentile by assets (of 139,126 plans)
$49,089
avg assets per participant

The plan reported a net loss of $28M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Rhode Island filers

In Rhode Island, the average filing covers about 1,449 participants across 434 plans. Lifespan 401(k) Retirement Savings Plan reports 13,888 participants - 9.6x that state average ($682M EOY assets).

Rhode Island filing particulars

Total Assets (Beginning of Year)$709M
Net Assets (End of Year)$682M
Net Income-$28M
Employer EIN222861978
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifespan Corporation)

$2B$2.5B$3B$3.5B 202220232024 $2.17B $3.05B ▲ +40.6%
Total plan assets by year, all Lifespan Corporation plans on file
Year Plans Participants Total Assets
2022 3 31,952 $2.2B
2023 3 31,671 $2.6B
2024 3 31,933 $3.1B

Nearby 401(k) Plans in Rhode Island

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lifespan 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Lifespan 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants Lifespan 401(k) Reti…CVS Health Future Fu…Textron Savings PlanCfg Retirement Savin…Unfi 401(k) PlanFm Global 401(k) Sav…
Lifespan 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Scale composition for Lifespan 401(k) Retirement Savings Plan

Lifespan 401(k) Retirement Savings Plan reports $682M in end-of-year assets across 13,888 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $49,089 per participant (36% of the national average assets-per-participant) . Net income for plan year 2022 was -$28M.

This plan identity (EIN 222861978, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $682M to $1.2B (+82.8%) while covered participants moved from 13,888 to 15,838 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,888 $682M This page
2023 14,816 $936M Open filing
2024 · index core 15,838 $1.2B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lifespan 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Lifespan 401(k) Retirement Savings Plan assets move in 2022?
Lifespan 401(k) Retirement Savings Plan edged down modestly - down 3.9% during 2022, from $709M to $682M. Reported net income was -$28M.
How have Lifespan Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Lifespan Corporation's sponsor-wide assets grew 40.6%, from $2.2B to $3.1B.
Where does Lifespan 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Lifespan 401(k) Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Lifespan 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Formosa Plastics Corporation Employees Savings Plan in NJ ($683M, 3,283 participants).

Filing takeaways

Ways to act on Lifespan 401(k) Retirement Savings Plan's numbers.