Other · DOL Form 5500 · 2023
Lifenet Health Retirement Plan
Data updated 2026-08-25
- $73M
- Total assets Below avg plan size
- 1,328
- Participants Near avg headcount
- 89th
- Percentile by assets National rank
- $54,706
- Avg per participant Low balance/head
Official DOL plan name: 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia · Sponsored by Lifenet Health · Virginia · Healthcare & Social Assistance
$73M in assets, 1,328 participants
Lifenet Health's 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia reported $73M in total assets and 1,328 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.
- #16,010 in Healthcare & Social Assistance (17,684 peers)
Where 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia sits by assets
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia sits in the top quartile of all filed plans by assets, $73M for 1,328 participants (~$54,706/participant), up 27.6% in 2023.
- #16,010
- in Healthcare & Social Assistance (17,684 peers)
- +27.6%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia's outsized position by total assets
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$72,650,047 Top 11% higher than 89% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia lands in the large band (1,328 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia reported net income rose from -$5M in the plan year 2022 filing to $16M in the plan year 2023 filing.
- 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia end-of-year assets rose from $57M in the plan year 2022 filing to $73M in the plan year 2023 filing.
- 403(b) Thrift Plan for Lifenet Virginia Beach, Virginia reported participants rose from 1,133 in the plan year 2022 filing to 1,328 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 521273592 · Lifenet Health PY 2023 · Other
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia · $73M · 1,328 · 89th
- SCH $73M
- SCH 1,328
- SCH 89th
- SCH Other
- SCH near Mcdonogh School Retirement Plan
- SCH ind #16010
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 Virginia →
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $57M |
|---|---|
| Net Assets (End of Year) | $73M |
| Net Income | $16M |
| Employer EIN | 521273592 |
| Plan Effective Date | 2006-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lifenet Health)
Sponsor-wide plan assets over time
All Lifenet Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $192M 45.6978311658931% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,467 | $132M |
| 2023 | 2 | 2,843 | $164M |
| 2024 | 2 | 2,988 | $192M |
Nearby Other Plans in Virginia
Peer Other plans, same state, same plan type, ranked by total assets.
- Sentara 403(b) Savings Plan $3.3B · 25,806
- The George Washington University Supplemental Retirement Plan $1.5B · 8,047
- Institute for Defense Analyses Tax Deferred Annuity Plan $801M · 1,453
- Carilion Clinic 403(b) Retirement Savings Plan $722M · 12,978
- Centra Health Matching Tax Deferred Savings Plan $670M · 7,141
403(b) Thrift Plan for Lifenet Virginia Beach, Virginia's out-of-state Other peers by assets and headcount
Outside Virginia, the nearest Other by assets is Mcdonogh School Retirement Plan in MD ($72M); by covered participants it is Regis University Defined Contribution Plan in CO (1,329 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($73M here).
- Mcdonogh School Retirement Plan (MD) $72M · 397
- Lindenwood University Defined Contribution and Tax Deferred Annuity Plan (MO) $73M · 568
- University of Maryland Faculty Physicians, Inc. 403(b) Tax Deferred Annuity Plan (MD) $72M · 1,371
- Culver Educational Foundation Defined Contribution Retirement Plan (IN) $73M · 463
Similar participant headcount
Nearest other-state filings by covered participants (1,328 participants); asset peers above are excluded.
- Regis University Defined Contribution Plan (CO) 1,329 · 1 off
- Stevens Institute of Technology Defined Contributi (NJ) 1,330 · 2 off
- The Rockefeller University Retirement Plan (NY) 1,330 · 2 off
- Legacy Lifecare 403(b) Plan (MA) 1,330 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.