401(k) · DOL Form 5500 · 2023

Life Care Centers of America, Inc. 401(k) Plan

Data updated 2026-08-11

$284M
Total assets
21,848
Participants
96th
Percentile by assets
$13,006
Avg per participant
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Official DOL plan name: Life Care Centers of America, Inc. 401(k) Savings Plan · Sponsored by Life Care Centers of America, Inc. · Tennessee · Healthcare & Social Assistance

$284M in assets, 21,848 participants

Life Care Centers of America, Inc.'s Life Care Centers of America, Inc. 401(k) Savings Plan reported $284M in total assets and 21,848 participants in its 2023 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.

  • 96th percentile by assets (of 127,072 plans)
  • #17,042 in Healthcare & Social Assistance (17,684 peers)

Coverage in Tennessee

Life Care Centers of America, Inc. 401(k) Savings Plan covers 21,848 participants in Tennessee, 19x the typical Tennessee plan (state average ~1,126 per filing). Assets: $284M.

$284M
total plan assets (2023 EOY)
21,848
covered participants
96th
percentile by assets (of 127,072 plans)
$13,006
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Life Care Centers of America, Inc. 401(k) Savings Plan reported net income rose from -$55M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Life Care Centers of America, Inc. 401(k) Savings Plan end-of-year assets rose from $258M in the plan year 2022 filing to $284M in the plan year 2023 filing.
  • Life Care Centers of America, Inc. 401(k) Savings Plan reported participants fell from 22,578 in the plan year 2022 filing to 21,848 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Life Care Centers of America, Inc. 401(k) Savings Plan reports 21,848 participants - 19x that state average ($284M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$258M
Net Assets (End of Year)$284M
Net Income$27M
Employer EIN620963862
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Life Care Centers of America, Inc.)

$240M$260M$280M$300M$320M 202220232024 $258M $298M ▲ +15.7%
Total plan assets by year, all Life Care Centers of America, Inc. plans on file
Year Plans Participants Total Assets
2022 1 22,578 $258M
2023 1 21,848 $284M
2024 1 22,871 $298M

Nearby 401(k) Plans in Tennessee

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

Life Care Centers of America, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Life Care Centers of America, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Life Care Centers of…Fedex Corporation Re…Hca 401(k) PlanFederal Express Corp…International Paper …Chs/Community Health…
Life Care Centers of America, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Scale composition for Life Care Centers of America, Inc. 401(k) Savings Plan

Life Care Centers of America, Inc. 401(k) Savings Plan reports $284M in end-of-year assets across 21,848 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $13,006 per participant (9% of the national average assets-per-participant) . Net income for plan year 2023 was $27M.

This plan identity (EIN 620963862, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $258M to $298M (+15.7%) while covered participants moved from 22,578 to 22,871 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 22,578 $258M Open filing
2023 21,848 $284M This page
2024 · index core 22,871 $298M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Life Care Centers of America, Inc. 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Life Care Centers of America, Inc. 401(k) Savings Plan assets move in 2023?
Life Care Centers of America, Inc. 401(k) Savings Plan grew at a solid clip - up 10.3% during 2023, from $258M to $284M. Reported net income was $27M.
How have Life Care Centers of America, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Life Care Centers of America, Inc.'s sponsor-wide assets grew 15.7%, from $258M to $298M.
Where does Life Care Centers of America, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers?
Life Care Centers of America, Inc. 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Life Care Centers of America, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Heidrick & Struggles, Inc. 401(k) Profit Sharing and Retirement Plan in IL ($284M, 1,014 participants).

Next read for Life Care Centers of America, Inc. 401(k…

Filing takeaways

Ways to act on Life Care Centers of America, Inc. 401(k) Savings Plan's numbers.