Profit Sharing · DOL Form 5500 · 2023
Life, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $8M
- Total assets
- 417
- Participants
- 53rd
- Percentile by assets
- $18,767
- Avg per participant
Official DOL plan name: Life, Inc. Retirement Plan and Trust · Sponsored by Life, Inc. · North Carolina · Healthcare & Social Assistance
$8M in assets, 417 participants
Life, Inc.'s Life, Inc. Retirement Plan and Trust reported $8M in total assets and 417 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.
- 53rd percentile by assets (of 127,072 plans)
- #10,407 in Healthcare & Social Assistance (17,684 peers)
Life, Inc. multi-year trail
Life, Inc.'s plans moved +11.3% in assets from 2022 to 2024; this filing shows Life, Inc. Retirement Plan and Trust at $8M / 417 participants.
- $8M
- total plan assets (2023 EOY)
- 417
- covered participants
- 53rd
- percentile by assets (of 127,072 plans)
- $18,767
- avg assets per participant
Where Life, Inc. Retirement Plan and Trust sits by total assets
Life, Inc. Retirement Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$7,825,993 Top 47% higher than 53% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Life, Inc. Retirement Plan and Trust reported net income rose from -$850K in the plan year 2022 filing to $371K in the plan year 2023 filing.
- Life, Inc. Retirement Plan and Trust end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
- Life, Inc. Retirement Plan and Trust reported participants rose from 406 in the plan year 2022 filing to 417 in the plan year 2023 filing.
Life, Inc. across 3 plan years on file
Across the 3 plan years Life, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $8M, a gain of 11.3%, while reported participants moved from 406 to 428 (+5.4%). Peak year by sponsor assets: 2024 ($8M); trough: 2022 ($7M).
Life, Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 406 | $7M |
| 2023 | 1 | 417 | $8M |
| 2024 | 1 | 428 | $8M |
Life, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $7M |
|---|---|
| Net Assets (End of Year) | $8M |
| Net Income | $371K |
| Employer EIN | 561612948 |
| Plan Effective Date | 1991-07-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in North Carolina
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Tax Deferred Savings Plan of Novant Health, Inc. $2.2B · 36,057
- Charter Communications, Inc. Retirement Accumulation Plan $1.3B · 96,058
- Firsthealth of the Carolinas, Inc. Retirement Growth Plan $108M · 5,519
- Baker & Taylor Retirement Savings Plan $67M · 1,361
- Intermec Fssp Spinoff Plan $51M · 74
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Life, Inc. Retirement Plan and Trust by total assets, not by location.
Frequently Asked Questions
How did Life, Inc. Retirement Plan and Trust assets move in 2023? ▼
How have Life, Inc. plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Life, Inc. Retirement Plan and Trust? ▼
Next read for Life, Inc. Retirement Plan and Trust
Multi-year trail
Ways to act on Life, Inc. Retirement Plan and Trust's numbers.
- By total assets, Life, Inc. Retirement Plan and Trust ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in North Carolina. Compare plans
- Life, Inc.'s sponsor-wide assets have grown 11.3% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans