Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Lifespark 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Lifespark Group, LLC · Minnesota · Healthcare & Social Assistance

What the 2023 filing shows

Lifespark 401(k) Plan holds $20M for 715 participants — about $28,155 per participant, up 44.0% over the 2023 plan year.

$20M
total plan assets (2023 EOY)
715
covered participants
$28,155
avg assets per participant
+44.0%
assets growth YoY
Total Assets (2023)
$20M
Participants
715
State
Industry
Healthcare & Social Assistance

What the Filing Says About Lifespark 401(k) Plan

Lifespark 401(k) Plan is a Profit Sharing retirement plan sponsored by Lifespark Group, LLC, headquartered in Minnesota. As of the 2023 Form 5500 filing, the plan reports $20M in total end-of-year assets and covers 715 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 201533504, and the plan has been effective since 2015-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $14M at the beginning of 2023 to $20M at year-end — a gain of 44.0%. Net assets (after liabilities) closed the year at $20M, with reported net income of $6M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

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

Sponsor Plan History (Lifespark Group, LLC)

Year Plans Participants Total Assets
2022 1 648 $14M
2023 1 715 $20M

Nearby Profit Sharing Plans in Minnesota

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Lifespark 401(k) Plan?
As of the 2023 Form 5500 filing, Lifespark 401(k) Plan holds $20M in total assets with 715 participants. It is sponsored by Lifespark Group, LLC.
What type of plan is Lifespark 401(k) Plan?
Lifespark 401(k) Plan is a Profit Sharing plan. It has been effective since 2015-01-01. The plan is filed with the U.S. Department of Labor under EIN 201533504.
Who sponsors the Lifespark 401(k) Plan?
Lifespark 401(k) Plan is sponsored by Lifespark Group, LLC, located in Minnesota. The sponsor's EIN is 201533504 and the plan operates in the Healthcare & Social Assistance industry.
How did Lifespark 401(k) Plan perform in 2023?
Lifespark 401(k) Plan grew by 44.0% during 2023, moving from $14M to $20M in total assets. Net income was $6M.
Where can I find official filings for Lifespark 401(k) Plan?
Official Form 5500 filings for Lifespark 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 201533504 or plan name at efast.dol.gov.
How does Lifespark 401(k) Plan compare to other plans?
You can compare Lifespark 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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