ESOP · DOL Form 5500 · 2023

Life-Assist, Inc. ESOP

Data updated 2026-08-11

$19M
Total assets
104
Participants
71st
Percentile by assets
$178,961
Avg per participant
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Official DOL plan name: Life-Assist, Inc. Employee Stock Ownership Plan · Sponsored by Life-Assist, Inc. · California · Wholesale Trade

$19M in assets, 104 participants

Life-Assist, Inc.'s Life-Assist, Inc. Employee Stock Ownership Plan reported $19M in total assets and 104 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • 71st percentile by assets (of 127,072 plans)
  • #4,275 in Wholesale Trade (6,309 peers)

Coverage in California

Life-Assist, Inc. Employee Stock Ownership Plan covers 104 participants in California, about 17% of the average California filer (state average ~630 per filing). Assets: $19M.

$19M
total plan assets (2023 EOY)
104
covered participants
71st
percentile by assets (of 127,072 plans)
$178,961
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Life-Assist, Inc. Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Life-Assist, Inc. Employee Stock Ownership Plan reported net income rose from -$19M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Life-Assist, Inc. Employee Stock Ownership Plan reported participants rose from 91 in the plan year 2022 filing to 104 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Life-Assist, Inc. Employee Stock Ownership Plan reports 104 participants - about 17% of that state average ($19M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)-$3M
Net Income$16M
Employer EIN942440500
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Life-Assist, Inc.)

$0M$10M$20M$30M 202220232024 $2.94M $27.1M ▲ +821.8%
Total plan assets by year, all Life-Assist, Inc. plans on file
Year Plans Participants Total Assets
2022 1 91 $3M
2023 1 104 $19M
2024 1 104 $27M

Nearby ESOP Plans in California

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

Life-Assist, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Life-Assist, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Life-Assist, Inc. Em…Parsons Employee Sto…Acco Employee Stock …Rosendin Electric, I…Agron, Inc. Employee…Recology Employee St…
Life-Assist, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Life-Assist, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Life-Assist, Inc. Employee Stock Ownership Plan assets move in 2023?
Life-Assist, Inc. Employee Stock Ownership Plan surged - up 534.0% during 2023, from $3M to $19M. Reported net income was $16M.
How have Life-Assist, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Life-Assist, Inc.'s sponsor-wide assets grew 823.0%, from $3M to $27M.
Which ESOP plans are similar in size to Life-Assist, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Oasys, Inc. Employee Stock Ownership Plan in AL ($19M, 88 participants).

Next read for Life-Assist, Inc. Employee Stock Ownersh…

Filing takeaways

Ways to act on Life-Assist, Inc. Employee Stock Ownership Plan's numbers.