401(k) · DOL Form 5500 · 2023

Lifecore Biomedical Inc. 401(k) Plan

Data updated 2026-08-25

$81M
Total assets Below avg plan size
443
Participants Below avg headcount
90th
Percentile by assets National rank
$182,505
Avg per participant Above avg balance/head
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Official DOL plan name: Lifecore Biomedical 401(k) Plan · Sponsored by Lifecore Biomedical Inc. · Minnesota · Wholesale Trade

$81M in assets, 443 participants

Lifecore Biomedical Inc.'s Lifecore Biomedical 401(k) Plan reported $81M in total assets and 443 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #5,763 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

Lifecore Biomedical 401(k) Plan covers 443 participants in Minnesota, about 39% of the average Minnesota filer (state average ~1,126 per filing). Assets: $81M.

#5,763
in Wholesale Trade (6,309 peers)
+16.8%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Lifecore Biomedical 401(k) Plan's outsized position by total assets

Lifecore Biomedical 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$80,849,906 Top 10% higher than 90% of 127,068 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 2023

Lifecore Biomedical 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lifecore Biomedical 401(k) Plan sits mid-pack in the medium band (443 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lifecore Biomedical 401(k) Plan reported net income rose from -$25M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Lifecore Biomedical 401(k) Plan reported participants fell from 713 in the plan year 2022 filing to 443 in the plan year 2023 filing.
  • Lifecore Biomedical 401(k) Plan end-of-year assets rose from $69M in the plan year 2022 filing to $81M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 943025618 · Lifecore Biomedical Inc. PY 2023 · 401(k)

Lifecore Biomedical 401(k) Plan · $81M · 443 · 90th

  • RANK $81M
  • RANK 443
  • RANK 90th
  • RANK 401(k)
  • RANK near Fehr & Peers 401(k) Profit Sharing Plan
  • RANK ind #5763

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Lifecore Biomedical 401(k) Plan in the asset neighbourhood

Global Infrastructure Management, LLC 401(k) PlanGlobal Infrastructure Manage…$81MTelus Agriculture (US) Retirement PlanTelus Agriculture (US) Retir…$81MLifecore Biomedical 401(k) PlanLifecore Biomedical 401(k) P…$81MFehr & Peers 401(k) Profit Sharing PlanFehr & Peers 401(k) Profit S…$81ME Ink Corporation 401(k) Savings PlanE Ink Corporation 401(k) Sav…$81M
End-of-year total assets ($M) among Lifecore Biomedical 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$69M
Net Assets (End of Year)$81M
Net Income$12M
Employer EIN943025618
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifecore Biomedical Inc.)

Sponsor-wide plan assets over time

All Lifecore Biomedical Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$82M 18.01851280372731% vs 2022
2024 filing year
$65M$70M$75M$80M$85M 202220232024 $69.2M $81.7M ▲ +18.0%
Year Plans Participants Total Assets
2022 1 713 $69M
2023 1 443 $81M
2024 1 493 $82M

Nearby 401(k) Plans in Minnesota

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

Lifecore Biomedical 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Lifecore Biomedical 401(k) Plan, Total assets ($B): 0.080849906 · Participants: 443Lifecore Biomedical 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Lifecore Biomedical 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lifecore Biomedical 401(k) Plan side-by-side with 3 peers →

Lifecore Biomedical 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Fehr & Peers 401(k) Profit Sharing Plan in CA ($81M); by covered participants it is Telrite Holdings 401(k) Plan in GA (443 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (443 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lifecore Biomedical 401(k) Plan assets move in 2023? ▼
Lifecore Biomedical 401(k) Plan grew sharply - up 16.8% during 2023, from $69M to $81M. Reported net income was $12M.
How have Lifecore Biomedical Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lifecore Biomedical Inc.'s sponsor-wide assets grew 18.0%, from $69M to $82M.
Where does Lifecore Biomedical 401(k) Plan rank by assets among Form 5500 filers? ▼
Lifecore Biomedical 401(k) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Lifecore Biomedical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fehr & Peers 401(k) Profit Sharing Plan in CA ($81M, 318 participants).
Which 401(k) plans cover a similar participant headcount to Lifecore Biomedical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Telrite Holdings 401(k) Plan in GA (443 participants, $14M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 943025618.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.