Other · DOL Form 5500 · 2023

Gift of Life Michigan Retirement Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
346
Participants Below avg headcount
85th
Percentile by assets National rank
$137,033
Avg per participant Near avg balance/head
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Official DOL plan name: 403(b) Thrift Plan of Gift of Life Michigan · Sponsored by Gift of Life Michigan · Michigan · Healthcare & Social Assistance

$47M in assets, 346 participants

Gift of Life Michigan's 403(b) Thrift Plan of Gift of Life Michigan reported $47M in total assets and 346 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #15,435 in Healthcare & Social Assistance (17,684 peers)

Where 403(b) Thrift Plan of Gift of Life Michigan sits by assets

403(b) Thrift Plan of Gift of Life Michigan sits in the top quartile of all filed plans by assets, $47M for 346 participants (~$137,033/participant), up 20.4% in 2023.

#15,435
in Healthcare & Social Assistance (17,684 peers)
+20.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

403(b) Thrift Plan of Gift of Life Michigan's outsized position by total assets

403(b) Thrift Plan of Gift of Life Michigan vs every filed plan by assets

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

$47,413,381 Top 15% higher than 85% 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

403(b) Thrift Plan of Gift of Life Michigan 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. 403(b) Thrift Plan of Gift of Life Michigan sits mid-pack in the medium band (346 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 403(b) Thrift Plan of Gift of Life Michigan reported net income rose from -$7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • 403(b) Thrift Plan of Gift of Life Michigan reported participants rose from 238 in the plan year 2022 filing to 346 in the plan year 2023 filing.
  • 403(b) Thrift Plan of Gift of Life Michigan end-of-year assets rose from $39M in the plan year 2022 filing to $47M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 382772488 · Gift of Life Michigan PY 2023 · Other

403(b) Thrift Plan of Gift of Life Michigan · $47M · 346 · 85th

  • PHOTO $47M
  • IND 346
  • EOY 85th
  • 5500 Other
  • ASSETS near Anti-Defamation League 403(b) Defined Contribution Plan
  • PCT ind #15435

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 Healthcare & Social Assistance retirement plans → · Plans in Michigan →

403(b) Thrift Plan of Gift of Life Michigan in the asset neighbourhood

Burrell Behavioral Health Tax Deferred Annuity PlanBurrell Behavioral Health Ta…$47M403(b) Thrift Plan of Gift of Life Michigan403(b) Thrift Plan of Gift o…$47MAnti-Defamation League 403(b) Defined Contribution PlanAnti-Defamation League 403(b…$47MRetirement Accumulation Plan for Fairchild Medical CenterRetirement Accumulation Plan…$47MCopley Health Systems, Inc. 403(b) Retirement PlanCopley Health Systems, Inc. …$47M
End-of-year total assets ($M) among 403(b) Thrift Plan of Gift of Life Michigan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$47M
Net Income$8M
Employer EIN382772488
Plan Effective Date2019-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gift of Life Michigan)

Sponsor-wide plan assets over time

All Gift of Life Michigan plans reported in each filing year

Latest sponsor-wide plan assets
$54M 36.83724672173309% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $39.4M $53.9M ▲ +36.8%
Year Plans Participants Total Assets
2022 1 238 $39M
2023 1 346 $47M
2024 1 375 $54M

Nearby Other Plans in Michigan

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

403(b) Thrift Plan of Gift of Life Michigan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants 403(b) Thrift Plan of Gift of Life Michigan, Total assets ($B): 0.047413381 · Participants: 346403(b) Thrift Plan of Gift of Life MichiganFca US LLC Salaried Employees' Savings Plan, Total assets ($B): 4.820440935 · Participants: 16630Fca US LLC Salaried Employees' Savings PlanFca US LLC UAW Savings Plan, Total assets ($B): 4.690971139 · Participants: 49473Fca US LLC UAW Savings PlanBeaumont Health 403(b) Retirement Savings Plan, Total assets ($B): 2.628827189 · Participants: 33717Beaumont Health 403(b) Retirement Savings PlanHenry Ford Health System Heritage 403(b) Plan, Total assets ($B): 1.284257295 · Participants: 15298Henry Ford Health System Heritage 403(b) PlanBronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan, Total assets ($B): 1.034484808 · Participants: 8357Bronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan
403(b) Thrift Plan of Gift of Life Michigan vs. nearby Other plans in Michigan, assets vs. participants

403(b) Thrift Plan of Gift of Life Michigan's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is Anti-Defamation League 403(b) Defined Contribution Plan in NY ($47M); by covered participants it is Harvard-Westlake School Defined Contribution Retirement Plan in CA (346 participants). Same-state nearby plans are listed separately above.

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 403(b) Thrift Plan of Gift of Life Michigan assets move in 2023? ▼
403(b) Thrift Plan of Gift of Life Michigan grew sharply - up 20.4% during 2023, from $39M to $47M. Reported net income was $8M.
How have Gift of Life Michigan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gift of Life Michigan's sponsor-wide assets grew 36.8%, from $39M to $54M.
Where does 403(b) Thrift Plan of Gift of Life Michigan rank by assets among Form 5500 filers? ▼
403(b) Thrift Plan of Gift of Life Michigan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to 403(b) Thrift Plan of Gift of Life Michigan? ▼
Among Other plans in other states, the closest by assets is Anti-Defamation League 403(b) Defined Contribution Plan in NY ($47M, 430 participants).
Which Other plans cover a similar participant headcount to 403(b) Thrift Plan of Gift of Life Michigan? ▼
Among Other plans in other states, the closest by covered participants is Harvard-Westlake School Defined Contribution Retirement Plan in CA (346 participants, $198M in assets).