Other · DOL Form 5500 · 2023

Lutheran Homes of Michigan, Inc Retirement Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
498
Participants Below avg headcount
68th
Percentile by assets National rank
$31,851
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Wellspring Senior Support Services 403(b) Retirement Plan · Sponsored by Lutheran Homes of Michigan, Inc · Michigan · Healthcare & Social Assistance

$16M in assets, 498 participants

Lutheran Homes of Michigan, Inc's Wellspring Senior Support Services 403(b) Retirement Plan reported $16M in total assets and 498 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #12,958 in Healthcare & Social Assistance (17,684 peers)

2023 asset change

Wellspring Senior Support Services 403(b) Retirement Plan grew at a solid clip 9.9% in 2023 ($14M → $16M) for 498 participants.

#12,958
in Healthcare & Social Assistance (17,684 peers)
+9.9%
assets growth YoY

Wellspring Senior Support Services 403(b) Retirement Plan's outsized position by total assets

Wellspring Senior Support Services 403(b) Retirement Plan vs every filed plan by assets

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

$15,861,938 Top 32% higher than 68% 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

Wellspring Senior Support Services 403(b) Retirement Plan 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. Wellspring Senior Support Services 403(b) Retirement Plan sits mid-pack in the medium band (498 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wellspring Senior Support Services 403(b) Retirement Plan reported net income rose from -$5M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Wellspring Senior Support Services 403(b) Retirement Plan end-of-year assets rose from $14M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Wellspring Senior Support Services 403(b) Retirement Plan reported participants fell from 528 in the plan year 2022 filing to 498 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 381358410 · Lutheran Homes of Michigan, Inc PY 2023 · Other

Wellspring Senior Support Services 403(b) Retirement Plan · $16M · 498 · 68th

  • PART $16M
  • TYPE 498
  • NET 68th
  • BOOK Other
  • VS-ST near Morehouse College Tax Deferred Annuity Plan
  • BOY ind #12958

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 Michigan →

Wellspring Senior Support Services 403(b) Retirement Plan in the asset neighbourhood

Christian Academy School System 403(b) PlanChristian Academy School Sys…$16MTax Deferred Savings Plan$16MWellspring Senior Support Services 403(b) Retirement PlanWellspring Senior Support Se…$16MMorehouse College Tax Deferred Annuity PlanMorehouse College Tax Deferr…$16MNami 403(b) Plan$16M
End-of-year total assets ($M) among Wellspring Senior Support Services 403(b) Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Lutheran Homes of Michigan, Inc years around the 2023 move

Sponsor-wide plan assets over time

All Lutheran Homes of Michigan, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$16M 7.755554938303631% vs 2022
2024 filing year
$14M$14.5M$15M$15.5M$16M$16.5M 202220232024 $14.4M $15.6M ▲ +7.8%
Year Plans Participants Total Assets
2022 1 528 $14M
2023 1 498 $16M
2024 1 513 $16M

2023 asset-move particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$1M
Employer EIN381358410
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby Other Plans in Michigan

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

Wellspring Senior Support Services 403(b) Retirement Plan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Wellspring Senior Support Services 403(b) Retirement Plan, Total assets ($B): 0.015861938 · Participants: 498Wellspring Senior Support Services 403(b) Retirement PlanFca US LLC Salaried Employees' Savings Plan, Total assets ($B): 4.820440935 · Participants: 16630Fca US LLC Salaried Employees' Savings PlanFca US LLC UAW Savings Plan, Total assets ($B): 4.690971139 · Participants: 49473Fca US LLC UAW Savings PlanBeaumont Health 403(b) Retirement Savings Plan, Total assets ($B): 2.628827189 · Participants: 33717Beaumont Health 403(b) Retirement Savings PlanHenry Ford Health System Heritage 403(b) Plan, Total assets ($B): 1.284257295 · Participants: 15298Henry Ford Health System Heritage 403(b) PlanBronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan, Total assets ($B): 1.034484808 · Participants: 8357Bronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan
Wellspring Senior Support Services 403(b) Retirement Plan vs. nearby Other plans in Michigan, assets vs. participants

Wellspring Senior Support Services 403(b) Retirement Plan's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is Morehouse College Tax Deferred Annuity Plan in GA ($16M); by covered participants it is The Eliza Jennings Senior Care Network Retirement Savings Plan in OH (498 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (498 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 Wellspring Senior Support Services 403(b) Retirement Plan assets move in 2023?
Wellspring Senior Support Services 403(b) Retirement Plan grew at a solid clip - up 9.9% during 2023, from $14M to $16M. Reported net income was $1M.
How have Lutheran Homes of Michigan, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Lutheran Homes of Michigan, Inc's sponsor-wide assets grew 7.8%, from $14M to $16M.
Which Other plans are similar in size to Wellspring Senior Support Services 403(b) Retirement Plan?
Among Other plans in other states, the closest by assets is Morehouse College Tax Deferred Annuity Plan in GA ($16M, 268 participants).
Which Other plans cover a similar participant headcount to Wellspring Senior Support Services 403(b) Retirement Plan?
Among Other plans in other states, the closest by covered participants is The Eliza Jennings Senior Care Network Retirement Savings Plan in OH (498 participants, $5M in assets).