401(k) · DOL Form 5500 · 2023
Life Time, Inc. 401(k) Plan
Data updated 2026-08-11
- $277M
- Total assets
- 23,608
- Participants
- 96th
- Percentile by assets
- $11,728
- Avg per participant
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.
- 96th percentile by assets (of 127,072 plans)
- #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.
- $277M
- total plan assets (2023 EOY)
- 23,608
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $11,728
- avg assets per participant
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.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Life Time and Its Affiliates 401(k) Plan reports 23,608 participants - 21x that state average ($277M EOY assets).
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.)
| 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.
Life Time and Its Affiliates 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Life Time and Its Affiliates 401(k) Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Life Time and Its Affiliates 401(k) Plan assets move in 2023? ▼
How have Life Time, Inc. plan assets changed over time? ▼
Where does Life Time and Its Affiliates 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Life Time and Its Affiliates 401(k) Plan? ▼
Next read for Life Time and Its Affiliates 401(k) Plan
Filing takeaways
Ways to act on Life Time and Its Affiliates 401(k) Plan's numbers.
- By total assets, Life Time and Its Affiliates 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Life Time, Inc.'s sponsor-wide assets have grown 48.0% since 2022 across 3 plan years on file. More Arts, Entertainment & Recreation plans