Other · DOL Form 5500 · 2023

Lifecare Medical Center Retirement Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
447
Participants Below avg headcount
83rd
Percentile by assets National rank
$87,953
Avg per participant Below avg balance/head
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Official DOL plan name: 403(b) Retirement Plan of Lifecare Medical Center · Sponsored by Lifecare Medical Center · Minnesota · Healthcare & Social Assistance

$39M in assets, 447 participants

Lifecare Medical Center's 403(b) Retirement Plan of Lifecare Medical Center reported $39M in total assets and 447 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #15,096 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

403(b) Retirement Plan of Lifecare Medical Center covers 447 participants in Minnesota, about 40% of the average Minnesota filer (state average ~1,126 per filing). Assets: $39M.

#15,096
in Healthcare & Social Assistance (17,684 peers)
+11.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

403(b) Retirement Plan of Lifecare Medical Center's outsized position by total assets

403(b) Retirement Plan of Lifecare Medical Center vs every filed plan by assets

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

$39,315,007 Top 17% higher than 83% 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) Retirement Plan of Lifecare Medical Center 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) Retirement Plan of Lifecare Medical Center sits mid-pack in the medium band (447 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 403(b) Retirement Plan of Lifecare Medical Center reported net income rose from -$9M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • 403(b) Retirement Plan of Lifecare Medical Center end-of-year assets rose from $35M in the plan year 2022 filing to $39M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411804205 · Lifecare Medical Center PY 2023 · Other

403(b) Retirement Plan of Lifecare Medical Center · $39M · 447 · 83rd

  • EIN $39M
  • EIN 447
  • EIN 83rd
  • EIN Other
  • EIN near Community Research Foundation Retirement Savings Plan
  • EIN ind #15096

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 →

403(b) Retirement Plan of Lifecare Medical Center in the asset neighbourhood

Harbor Health Services, Inc. 403(b) PlanHarbor Health Services, Inc.…$39M403(b) Retirement Plan of Lifecare Medical Center403(b) Retirement Plan of Li…$39MCommunity Research Foundation Retirement Savings PlanCommunity Research Foundatio…$39MMoorings Park Institute, Inc. Tax Sheltered Retirement Annuity PlanMoorings Park Institute, Inc…$39MMargaret Mary Health Savings PlanMargaret Mary Health Savings…$39M
End-of-year total assets ($M) among 403(b) Retirement Plan of Lifecare Medical Center and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$39M
Net Income$4M
Employer EIN411804205
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifecare Medical Center)

Sponsor-wide plan assets over time

All Lifecare Medical Center plans reported in each filing year

Latest sponsor-wide plan assets
$45M 27.794633527513568% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $35.4M $45.2M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 449 $35M
2023 1 447 $39M
2024 1 480 $45M

Nearby Other Plans in Minnesota

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

403(b) Retirement Plan of Lifecare Medical Center vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants 403(b) Retirement Plan of Lifecare Medical Center, Total assets ($B): 0.039315007 · Participants: 447403(b) Retirement Plan of Lifecare Medical CenterMayo 403(b) Plan, Total assets ($B): 11.206302019 · Participants: 84098Mayo 403(b) PlanCentracare Health System 403(b) Plan, Total assets ($B): 0.826746245 · Participants: 9437Centracare Health System 403(b) PlanChildrens Hospitals and Clinics Matched Savings Plan, Total assets ($B): 0.820036853 · Participants: 5331Childrens Hospitals and Clinics Matched Savings PlanCarpenters & Joiners Defined Contribution Plan, Total assets ($B): 0.718854174 · Participants: 21043Carpenters & Joiners Defined Contribution PlanUniversity of St. Thomas Retirement Plan, Total assets ($B): 0.4224871 · Participants: 2481University of St. Thomas Retirement Plan
403(b) Retirement Plan of Lifecare Medical Center vs. nearby Other plans in Minnesota, assets vs. participants
Compare 403(b) Retirement Plan of Lifecare Medical Center side-by-side with 3 peers →

403(b) Retirement Plan of Lifecare Medical Center's out-of-state Other peers by assets and headcount

Outside Minnesota, the nearest Other by assets is Community Research Foundation Retirement Savings Plan in CA ($39M); by covered participants it is Ursinus College Defined Contribution Retirement Plan in PA (447 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (447 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 403(b) Retirement Plan of Lifecare Medical Center assets move in 2023? ▼
403(b) Retirement Plan of Lifecare Medical Center grew at a solid clip - up 11.2% during 2023, from $35M to $39M. Reported net income was $4M.
How have Lifecare Medical Center plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lifecare Medical Center's sponsor-wide assets grew 27.8%, from $35M to $45M.
Where does 403(b) Retirement Plan of Lifecare Medical Center rank by assets among Form 5500 filers? ▼
403(b) Retirement Plan of Lifecare Medical Center ranks in the 83rd 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) Retirement Plan of Lifecare Medical Center? ▼
Among Other plans in other states, the closest by assets is Community Research Foundation Retirement Savings Plan in CA ($39M, 986 participants).
Which Other plans cover a similar participant headcount to 403(b) Retirement Plan of Lifecare Medical Center? ▼
Among Other plans in other states, the closest by covered participants is Ursinus College Defined Contribution Retirement Plan in PA (447 participants, $139M 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 411804205.

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.