Other · DOL Form 5500 · 2022

Gift of Life Michigan Retirement Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
238
Participants Below avg headcount
86th
Percentile by assets National rank
$165,473
Avg per participant Above avg balance/head
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Official DOL plan name: 403(b) Thrift Plan of Gift of Life Michigan · Sponsored by Gift of Life Michigan · Michigan · Healthcare & Social Assistance

$39M in assets, 238 participants

Gift of Life Michigan's 403(b) Thrift Plan of Gift of Life Michigan reported $39M in total assets and 238 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #17,666 in Healthcare & Social Assistance (20,060 peers)

Coverage in Michigan

403(b) Thrift Plan of Gift of Life Michigan covers 238 participants in Michigan, about 37% of the average Michigan filer (state average ~638 per filing). Assets: $39M.

#17,666
in Healthcare & Social Assistance (20,060 peers)
-15.4%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

403(b) Thrift Plan of Gift of Life Michigan's outsized position by total assets

403(b) Thrift Plan of Gift of Life Michigan vs every filed plan by assets

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

$39,382,623 Top 14% higher than 86% 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) Thrift Plan of Gift of Life Michigan 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) Thrift Plan of Gift of Life Michigan sits mid-pack in the medium band (238 participants).

Published 5500 schedule card

Filing strip 382772488 · Gift of Life Michigan PY 2022 · Other

403(b) Thrift Plan of Gift of Life Michigan · $39M · 238 · 86th

  • ASSETS $39M
  • PCT 238
  • EIN 86th
  • RANK Other
  • PHOTO near Lincoln Institute of Land Policy 403(b) Retirement Plan
  • IND ind #17666

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 Michigan →

403(b) Thrift Plan of Gift of Life Michigan in the asset neighbourhood

Beverly Hospital Matching Savings PlanBeverly Hospital Matching Sa…$39MLincoln Institute of Land Policy 403(b) Retirement PlanLincoln Institute of Land Po…$39M403(b) Thrift Plan of Gift of Life Michigan403(b) Thrift Plan of Gift o…$39MSt. Anne's Belfield, Inc. 403(b) Retirement PlanSt. Anne's Belfield, Inc. 40…$39MNichols School Tiaa-Cref Retirement PlanNichols School Tiaa-Cref Ret…$39M
End-of-year total assets ($M) among 403(b) Thrift Plan of Gift of Life Michigan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$39M
Net Income-$7M
Employer EIN382772488
Plan Effective Date2019-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gift of Life Michigan)

Sponsor-wide plan assets over time

All Gift of Life Michigan plans reported in each filing year

Latest sponsor-wide plan assets
$54M 36.83724672173309% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $39.4M $53.9M ▲ +36.8%
Year Plans Participants Total Assets
2022 1 238 $39M
2023 1 346 $47M
2024 1 375 $54M

Nearby Other Plans in Michigan

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

403(b) Thrift Plan of Gift of Life Michigan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants 403(b) Thrift Plan of Gift of Life Michigan, Total assets ($B): 0.039382623 · Participants: 238403(b) Thrift Plan of Gift of Life MichiganFca US LLC Salaried Employees' Savings Plan, Total assets ($B): 4.271049081 · Participants: 17796Fca US LLC Salaried Employees' Savings PlanFca US LLC UAW Savings Plan, Total assets ($B): 4.120620788 · Participants: 52211Fca US LLC UAW Savings PlanSpectrum Health System 403(b) Plan, Total assets ($B): 2.34463562 · Participants: 26631Spectrum Health System 403(b) PlanBeaumont Health 403(b) Retirement Savings Plan, Total assets ($B): 2.23567862 · Participants: 33585Beaumont Health 403(b) Retirement Savings PlanMclaren Employees' 403(b) Retirement Plan, Total assets ($B): 1.449747534 · Participants: 21255Mclaren Employees' 403(b) Retirement Plan
403(b) Thrift Plan of Gift of Life Michigan vs. nearby Other plans in Michigan, assets vs. participants

403(b) Thrift Plan of Gift of Life Michigan's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is Lincoln Institute of Land Policy 403(b) Retirement Plan in MA ($39M); by covered participants it is Mbku 403(b) Voluntary Retirement Plan in CA (238 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (238 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) Thrift Plan of Gift of Life Michigan assets move in 2022?
403(b) Thrift Plan of Gift of Life Michigan declined sharply - down 15.4% during 2022, from $47M to $39M. Reported net income was -$7M.
How have Gift of Life Michigan plan assets changed over time?
Across 3 plan years on file (2022-2024), Gift of Life Michigan's sponsor-wide assets grew 36.8%, from $39M to $54M.
Where does 403(b) Thrift Plan of Gift of Life Michigan rank by assets among Form 5500 filers?
403(b) Thrift Plan of Gift of Life Michigan ranks in the 86th 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) Thrift Plan of Gift of Life Michigan?
Among Other plans in other states, the closest by assets is Lincoln Institute of Land Policy 403(b) Retirement Plan in MA ($39M, 100 participants).
Which Other plans cover a similar participant headcount to 403(b) Thrift Plan of Gift of Life Michigan?
Among Other plans in other states, the closest by covered participants is Mbku 403(b) Voluntary Retirement Plan in CA (238 participants, $17M in assets).