401(k) · DOL Form 5500 · 2023

Lifespark Group, LLC 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
715
Participants Below avg headcount
73rd
Percentile by assets National rank
$28,155
Avg per participant Low balance/head
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Official DOL plan name: Lifespark 401(k) Plan · Sponsored by Lifespark Group, LLC · Minnesota · Healthcare & Social Assistance

$20M in assets, 715 participants

Lifespark Group, LLC's Lifespark 401(k) Plan reported $20M in total assets and 715 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #13,634 in Healthcare & Social Assistance (17,684 peers)

Lifespark Group, LLC multi-year trail

Lifespark Group, LLC's plans moved +98.4% in assets from 2022 to 2024; this filing shows Lifespark 401(k) Plan at $20M / 715 participants.

#13,634
in Healthcare & Social Assistance (17,684 peers)
+44.0%
assets growth YoY

Lifespark 401(k) Plan's outsized position by total assets

Lifespark 401(k) Plan vs every filed plan by assets

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

$20,131,116 Top 27% higher than 73% 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

Lifespark 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. Lifespark 401(k) Plan sits mid-pack in the medium band (715 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lifespark 401(k) Plan reported net income rose from $930K in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Lifespark 401(k) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Lifespark 401(k) Plan reported participants rose from 648 in the plan year 2022 filing to 715 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 201533504 · Lifespark Group, LLC PY 2023 · 401(k)

Lifespark 401(k) Plan · $20M · 715 · 73rd

  • BOOK $20M
  • VS-ST 715
  • BOY 73rd
  • SCH 401(k)
  • EBSA near Hotchkiss Insurance Managers, LLC 401(k) Plan
  • PART ind #13634

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 Minnesota →

Lifespark 401(k) Plan in the asset neighbourhood

Lifespark 401(k) Plan$20MHotchkiss Insurance Managers, LLC 401(k) PlanHotchkiss Insurance Managers…$20MJc Hospitality 401(k) Savings PlanJc Hospitality 401(k) Saving…$20MThe Bosworth Company Employees Thrift PlanThe Bosworth Company Employe…$20MMoveworks Inc. 401(k) Plan$20M
End-of-year total assets ($M) among Lifespark 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Lifespark Group, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Lifespark Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$28M 98.43154807429929% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $14M $27.7M ▲ +98.4%
Year Plans Participants Total Assets
2022 1 648 $14M
2023 1 715 $20M
2024 1 3,083 $28M

Lifespark Group, LLC filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$20M
Net Income$6M
Employer EIN201533504
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Lifespark 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Lifespark 401(k) Plan, Total assets ($B): 0.020131116 · Participants: 715Lifespark 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Lifespark 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lifespark 401(k) Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Hotchkiss Insurance Managers, LLC 401(k) Plan in TX ($20M); by covered participants it is Nmc Group, Inc. 401(k) Retirement Plan in NE (715 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (715 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 Lifespark 401(k) Plan assets move in 2023? ▼
Lifespark 401(k) Plan surged - up 44.0% during 2023, from $14M to $20M. Reported net income was $6M.
How have Lifespark Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lifespark Group, LLC's sponsor-wide assets grew 98.4%, from $14M to $28M.
Which 401(k) plans are similar in size to Lifespark 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hotchkiss Insurance Managers, LLC 401(k) Plan in TX ($20M, 125 participants).
Which 401(k) plans cover a similar participant headcount to Lifespark 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nmc Group, Inc. 401(k) Retirement Plan in NE (715 participants, $79M 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 201533504.

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.