401(k) · DOL Form 5500 · 2023

Life Care Companies LLC 401(k) Plan

Data updated 2026-08-11

$255M
Total assets
11,179
Participants
96th
Percentile by assets
$22,772
Avg per participant
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Official DOL plan name: Life Care Companies LLC Retirement and 401(k) Savings Plan · Sponsored by Life Care Companies LLC · Iowa · Management of Enterprises

$255M in assets, 11,179 participants

Life Care Companies LLC's Life Care Companies LLC Retirement and 401(k) Savings Plan reported $255M in total assets and 11,179 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)
  • #971 in Management of Enterprises (1,137 peers)

Coverage in Iowa

Life Care Companies LLC Retirement and 401(k) Savings Plan covers 11,179 participants in Iowa, 18x the typical Iowa plan (state average ~609 per filing). Assets: $255M.

$255M
total plan assets (2023 EOY)
11,179
covered participants
96th
percentile by assets (of 127,072 plans)
$22,772
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Life Care Companies LLC Retirement and 401(k) Savings Plan reported net income rose from -$28M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Life Care Companies LLC Retirement and 401(k) Savings Plan end-of-year assets rose from $207M in the plan year 2022 filing to $255M in the plan year 2023 filing.
  • Life Care Companies LLC Retirement and 401(k) Savings Plan reported participants fell from 11,831 in the plan year 2022 filing to 11,179 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Life Care Companies LLC Retirement and 401(k) Savings Plan reports 11,179 participants - 18x that state average ($255M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$207M
Net Assets (End of Year)$255M
Net Income$48M
Employer EIN272258399
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Life Care Companies LLC)

$150M$200M$250M$300M$350M 202220232024 $207M $295M ▲ +43.0%
Total plan assets by year, all Life Care Companies LLC plans on file
Year Plans Participants Total Assets
2022 1 11,831 $207M
2023 1 11,179 $255M
2024 1 12,850 $295M

Nearby 401(k) Plans in Iowa

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

Life Care Companies LLC Retirement and 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Life Care Companies LLC Retirement and 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. 0200004000060000 012345 Total assets ($B) Participants Life Care Companies …The Principal Select…Iowa Health System S…The Hy-Vee and Affil…The Rsm US LLP Retir…Transamerica 401(k) …
Life Care Companies LLC Retirement and 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Scale composition for Life Care Companies LLC Retirement and 401(k) Savings Plan

Life Care Companies LLC Retirement and 401(k) Savings Plan reports $255M in end-of-year assets across 11,179 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $22,772 per participant (16% of the national average assets-per-participant) . Net income for plan year 2023 was $48M.

This plan identity (EIN 272258399, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $207M to $295M (+43.0%) while covered participants moved from 11,831 to 12,850 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,831 $207M Open filing
2023 11,179 $255M This page
2024 · index core 12,850 $295M 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 Companies LLC Retirement and 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Life Care Companies LLC Retirement and 401(k) Savings Plan assets move in 2023?
Life Care Companies LLC Retirement and 401(k) Savings Plan grew sharply - up 23.3% during 2023, from $207M to $255M. Reported net income was $48M.
How have Life Care Companies LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Life Care Companies LLC's sponsor-wide assets grew 43.0%, from $207M to $295M.
Where does Life Care Companies LLC Retirement and 401(k) Savings Plan rank by assets among Form 5500 filers?
Life Care Companies LLC Retirement and 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 Companies LLC Retirement and 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Enhabit Home Health & Hospice 401(k) Plan in TX ($255M, 10,085 participants).

Next read for Life Care Companies LLC Retirement and 4…

Filing takeaways

Ways to act on Life Care Companies LLC Retirement and 401(k) Savings Plan's numbers.