401(k) · DOL Form 5500 · 2023

Life Benefit Plan 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
349
Participants Below avg headcount
36th
Percentile by assets National rank
$8,561
Avg per participant Low balance/head
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Official DOL plan name: Life Benefit Plan Member 401(k) Plan · Sponsored by Life Benefit Plan · New York · Other Services

$3M in assets, 349 participants

Life Benefit Plan's Life Benefit Plan Member 401(k) Plan reported $3M in total assets and 349 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #4,677 in Other Services (7,857 peers)

Coverage in New York

Life Benefit Plan Member 401(k) Plan covers 349 participants in New York, about 44% of the average New York filer (state average ~798 per filing). Assets: $3M.

#4,677
in Other Services (7,857 peers)
+19.6%
assets growth YoY

Life Benefit Plan Member 401(k) Plan's mid-pack asset rank among Other Services and all filers

Life Benefit Plan Member 401(k) Plan vs every filed plan by assets

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

$2,987,717 36th percentile higher than 36% 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

Life Benefit Plan Member 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. Life Benefit Plan Member 401(k) Plan sits mid-pack in the medium band (349 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Life Benefit Plan Member 401(k) Plan reported net income rose from -$95K in the plan year 2022 filing to $488K in the plan year 2023 filing.
  • Life Benefit Plan Member 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Life Benefit Plan Member 401(k) Plan reported participants rose from 323 in the plan year 2022 filing to 349 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 111708617 · Life Benefit Plan PY 2023 · 401(k)

Life Benefit Plan Member 401(k) Plan · $3M · 349 · 36th

  • IND $3M
  • EOY 349
  • 5500 36th
  • ASSETS 401(k)
  • PCT near Bas Financial Holdings Employee Stock Ownership 401(k) Plan
  • EIN ind #4677

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 Other Services retirement plans → · Plans in New York →

Life Benefit Plan Member 401(k) Plan in the asset neighbourhood

Life Benefit Plan Member 401(k) PlanLife Benefit Plan Member 401…$3MBas Financial Holdings Employee Stock Ownership 401(k) PlanBas Financial Holdings Emplo…$3MSra 401(k) Plan$3MCedar Band Corporation 401(k) Profit Sharing PlanCedar Band Corporation 401(k…$3MHeron Point Seafood, LLC 401(k) Retirement PlanHeron Point Seafood, LLC 401…$3M
End-of-year total assets ($M) among Life Benefit Plan Member 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$488K
Employer EIN111708617
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Life Benefit Plan)

Sponsor-wide plan assets over time

All Life Benefit Plan plans reported in each filing year

Latest sponsor-wide plan assets
$3M 31.051974100006447% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M 202220232024 $2.5M $3.27M ▲ +30.8%
Year Plans Participants Total Assets
2022 1 323 $2M
2023 1 349 $3M
2024 1 346 $3M

Nearby 401(k) Plans in New York

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

Life Benefit Plan Member 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Life Benefit Plan Member 401(k) Plan, Total assets ($B): 0.002987717 · Participants: 349Life Benefit Plan Member 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Life Benefit Plan Member 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Life Benefit Plan Member 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Bas Financial Holdings Employee Stock Ownership 401(k) Plan in ME ($3M); by covered participants it is Csc Investments, LLC 401(k) Plan in TN (349 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (349 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 Life Benefit Plan Member 401(k) Plan assets move in 2023?
Life Benefit Plan Member 401(k) Plan grew sharply - up 19.6% during 2023, from $2M to $3M. Reported net income was $488K.
How have Life Benefit Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Life Benefit Plan's sponsor-wide assets grew 31.1%, from $2M to $3M.
Which 401(k) plans are similar in size to Life Benefit Plan Member 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bas Financial Holdings Employee Stock Ownership 401(k) Plan in ME ($3M, 11 participants).
Which 401(k) plans cover a similar participant headcount to Life Benefit Plan Member 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Csc Investments, LLC 401(k) Plan in TN (349 participants, N/A in assets).