401(k) · DOL Form 5500 · 2023
Life Time, Inc. 401(k) Plan
Data updated 2026-08-25
- $277M
- Total assets Near avg plan size
- 23,608
- Participants Very large workforce
- 96th
- Percentile by assets National rank
- $11,728
- Avg per participant Low balance/head
Official DOL plan name: Life Time and Its Affiliates 401(k) Plan · Sponsored by Life Time, Inc. · Minnesota · Arts, Entertainment & Recreation
$277M in assets, 23,608 participants
Life Time, Inc.'s Life Time and Its Affiliates 401(k) Plan reported $277M in total assets and 23,608 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- #2,899 in Arts, Entertainment & Recreation (2,945 peers)
Coverage in Minnesota
Life Time and Its Affiliates 401(k) Plan covers 23,608 participants in Minnesota, 21x the typical Minnesota plan (state average ~1,126 per filing). Assets: $277M.
- #2,899
- in Arts, Entertainment & Recreation (2,945 peers)
- +23.4%
- assets growth YoY
- 2.8×
- vs typical plan assets (national mean)
Life Time and Its Affiliates 401(k) Plan's outsized position by total assets
Life Time and Its Affiliates 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$276,863,979 Top 4% higher than 96% 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
Life Time and Its Affiliates 401(k) 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. Life Time and Its Affiliates 401(k) Plan is a mega filing (23,608 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Life Time and Its Affiliates 401(k) Plan reported net income rose from -$37M in the plan year 2022 filing to $52M in the plan year 2023 filing.
- Life Time and Its Affiliates 401(k) Plan end-of-year assets rose from $224M in the plan year 2022 filing to $277M in the plan year 2023 filing.
- Life Time and Its Affiliates 401(k) Plan reported participants rose from 20,563 in the plan year 2022 filing to 23,608 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 411689746 · Life Time, Inc. PY 2023 · 401(k)
Life Time and Its Affiliates 401(k) Plan · $277M · 23,608 · 96th
- SCH $277M
- EBSA 23,608
- PART 96th
- TYPE 401(k)
- NET near Sura/Jefferson Science Associates 401(k) Plan
- BOOK ind #2899
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 Arts, Entertainment & Recreation retirement plans → · Plans in Minnesota →
Life Time and Its Affiliates 401(k) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $224M |
|---|---|
| Net Assets (End of Year) | $277M |
| Net Income | $52M |
| Employer EIN | 411689746 |
| Plan Effective Date | 1997-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Life Time, Inc.)
Sponsor-wide plan assets over time
All Life Time, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $332M 47.98692440049691% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 20,563 | $224M |
| 2023 | 1 | 23,608 | $277M |
| 2024 | 1 | 27,316 | $332M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
Scale composition for Life Time and Its Affiliates 401(k) Plan
Life Time and Its Affiliates 401(k) Plan reports $277M in end-of-year assets across 23,608 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.025% of 93,925,755 covered participants) - about $11,728 per participant (8% of the national average assets-per-participant) . Net income for plan year 2023 was $52M.
This plan identity (EIN 411689746, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $224M to $332M (+48.0%) while covered participants moved from 20,563 to 27,316 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 20,563 | $224M | Open filing |
| 2023 | 23,608 | $277M | This page |
| 2024 · index core | 27,316 | $332M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Life Time and Its Affiliates 401(k) Plan (401(k), $332M, 27,316 participants)
Life Time and Its Affiliates 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Sura/Jefferson Science Associates 401(k) Plan in DC ($277M); by covered participants it is Adams Keegan Retirement Savings Plan in TN (23,607 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($277M here).
- Sura/Jefferson Science Associates 401(k) Plan (DC) $277M · 944
- Virtus Investment Partners, Inc. Savings and Investment Plan (CT) $277M · 718
- Vegetation and Utility Services Employees 401(k) Savings Plan (PA) $277M · 24,654
- Bsh Home Appliances Corporation 401(k) Savings and Retirement Plan (CA) $277M · 2,568
Similar participant headcount
Nearest other-state filings by covered participants (23,608 participants); asset peers above are excluded.
- Adams Keegan Retirement Savings Plan (TN) 23,607 · 1 off
- Love's and Affiliated Companies 401(k) Savings Plan (OK) 23,589 · 19 off
- Sprouts Farmers Markets Holdings, LLC Employee 401(k) Savings Plan (AZ) 23,558 · 50 off
- Team Public Choices 401(k) Plan (CA) 23,658 · 50 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.