401(k) · DOL Form 5500 · 2023

Lifespan Corporation 401(k) Plan

Data updated 2026-08-25

$936M
Total assets Above avg plan size
14,816
Participants Very large workforce
99th
Percentile by assets National rank
$63,160
Avg per participant Low balance/head
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Official DOL plan name: Lifespan 401(k) Retirement Savings Plan · Sponsored by Lifespan Corporation · Rhode Island · Healthcare & Social Assistance

$936M in assets, 14,816 participants

Lifespan Corporation's Lifespan 401(k) Retirement Savings Plan reported $936M in total assets and 14,816 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #17,459 in Healthcare & Social Assistance (17,684 peers)

Coverage in Rhode Island

Lifespan 401(k) Retirement Savings Plan covers 14,816 participants in Rhode Island, 10x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $936M.

#17,459
in Healthcare & Social Assistance (17,684 peers)
+37.3%
assets growth YoY
9.4×
vs typical plan assets (national mean)

Lifespan 401(k) Retirement Savings Plan's outsized position by total assets

Lifespan 401(k) Retirement Savings Plan vs every filed plan by assets

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

$935,782,061 Top 1% higher than 99% 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

Lifespan 401(k) Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lifespan 401(k) Retirement Savings Plan is a mega filing (14,816 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lifespan 401(k) Retirement Savings Plan reported net income rose from -$28M in the plan year 2022 filing to $254M in the plan year 2023 filing.
  • Lifespan 401(k) Retirement Savings Plan end-of-year assets rose from $682M in the plan year 2022 filing to $936M in the plan year 2023 filing.
  • Lifespan 401(k) Retirement Savings Plan reported participants rose from 13,888 in the plan year 2022 filing to 14,816 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 222861978 · Lifespan Corporation PY 2023 · 401(k)

Lifespan 401(k) Retirement Savings Plan · $936M · 14,816 · 99th

  • PART $936M
  • PART 14,816
  • PART 99th
  • PART 401(k)
  • PART near H & R Block Retirement Savings Plan
  • PART ind #17459

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 Rhode Island →

Lifespan 401(k) Retirement Savings Plan in the asset neighbourhood

Sirius Xm Radio 401(k) Savings PlanSirius Xm Radio 401(k) Savin…$937MLifespan 401(k) Retirement Savings PlanLifespan 401(k) Retirement S…$936MH & R Block Retirement Savings PlanH & R Block Retirement Savin…$935MPenske Automotive Group 401(k) Savings and Retirement PlanPenske Automotive Group 401(…$933MDevon Energy Corporation Incentive Savings PlanDevon Energy Corporation Inc…$933M
End-of-year total assets ($M) among Lifespan 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Rhode Island filing particulars

Total Assets (Beginning of Year)$682M
Net Assets (End of Year)$936M
Net Income$254M
Employer EIN222861978
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifespan Corporation)

Sponsor-wide plan assets over time

All Lifespan Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.1B 40.56268136525916% vs 2022
2024 filing year
$2B$2.5B$3B$3.5B 202220232024 $2.17B $3.05B ▲ +40.6%
Year Plans Participants Total Assets
2022 3 31,952 $2.2B
2023 3 31,671 $2.6B
2024 3 31,933 $3.1B

Nearby 401(k) Plans in Rhode Island

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

Lifespan 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants Lifespan 401(k) Retirement Savings Plan, Total assets ($B): 0.935782061 · Participants: 14816Lifespan 401(k) Retirement Savings PlanCVS Health Future Fund 401(k) Plan, Total assets ($B): 27.588812025 · Participants: 265760CVS Health Future Fund 401(k) PlanTextron Savings Plan, Total assets ($B): 5.714708993 · Participants: 26580Textron Savings PlanCfg Retirement Savings Plan, Total assets ($B): 2.930113664 · Participants: 19047Cfg Retirement Savings PlanUnfi 401(k) Plan, Total assets ($B): 2.65846631 · Participants: 25475Unfi 401(k) PlanFm Global 401(k) Savings Plan, Total assets ($B): 1.684102096 · Participants: 4295Fm Global 401(k) Savings Plan
Lifespan 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants
Compare Lifespan 401(k) Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Lifespan 401(k) Retirement Savings Plan

Lifespan 401(k) Retirement Savings Plan reports $936M in end-of-year assets across 14,816 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.016% of 93,925,755 covered participants) - about $63,160 per participant (46% of the national average assets-per-participant) . Net income for plan year 2023 was $254M.

This plan identity (EIN 222861978, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $682M to $1.2B (+82.8%) while covered participants moved from 13,888 to 15,838 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,888 $682M Open filing
2023 14,816 $936M This page
2024 · index core 15,838 $1.2B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Lifespan 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Rhode Island, the nearest 401(k) by assets is H & R Block Retirement Savings Plan in MO ($935M); by covered participants it is The Connectme 401(k) Plan in CA (14,803 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($936M here).

Similar participant headcount

Nearest other-state filings by covered participants (14,816 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 Lifespan 401(k) Retirement Savings Plan assets move in 2023? ▼
Lifespan 401(k) Retirement Savings Plan surged - up 37.3% during 2023, from $682M to $936M. Reported net income was $254M.
How have Lifespan Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lifespan Corporation's sponsor-wide assets grew 40.6%, from $2.2B to $3.1B.
Where does Lifespan 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Lifespan 401(k) Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Lifespan 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is H & R Block Retirement Savings Plan in MO ($935M, 12,879 participants).
Which 401(k) plans cover a similar participant headcount to Lifespan 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Connectme 401(k) Plan in CA (14,803 participants, $93M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 222861978.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.