401(k) · DOL Form 5500 · 2023

Lifemd, Inc 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
179
Participants Small participant base
34th
Percentile by assets National rank
$15,209
Avg per participant Low balance/head
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Official DOL plan name: Lifemd, Inc 401(k) Plan · Sponsored by Lifemd, Inc · New York · Retail Trade

$3M in assets, 179 participants

Lifemd, Inc's Lifemd, Inc 401(k) Plan reported $3M in total assets and 179 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #3,859 in Retail Trade (8,414 peers)

Coverage in New York

Lifemd, Inc 401(k) Plan covers 179 participants in New York, about 22% of the average New York filer (state average ~798 per filing). Assets: $3M.

#3,859
in Retail Trade (8,414 peers)
+131.6%
assets growth YoY

Lifemd, Inc 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Lifemd, Inc 401(k) Plan vs every filed plan by assets

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

$2,722,455 34th percentile higher than 34% 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

Lifemd, Inc 401(k) 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. Lifemd, Inc 401(k) Plan sits mid-pack in the medium band (179 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lifemd, Inc 401(k) Plan end-of-year assets rose from $1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Lifemd, Inc 401(k) Plan reported net income rose from $982K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Lifemd, Inc 401(k) Plan reported participants rose from 130 in the plan year 2022 filing to 179 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 760238453 · Lifemd, Inc PY 2023 · 401(k)

Lifemd, Inc 401(k) Plan · $3M · 179 · 34th

  • NET $3M
  • NET 179
  • NET 34th
  • NET 401(k)
  • NET near Dacs Corp. 401(k) Plan
  • NET ind #3859

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 Retail Trade retirement plans → · Plans in New York →

Lifemd, Inc 401(k) Plan in the asset neighbourhood

Lifemd, Inc 401(k) Plan$3MDacs Corp. 401(k) Plan$3MMrk Financial Solutions Inc. 401(k) Profit Sharing Plan and TrustMrk Financial Solutions Inc.…$3MOgle School Management LLC 401(k) PlanOgle School Management LLC 4…$3MKnockaway 401(k) Plan$3M
End-of-year total assets ($M) among Lifemd, Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$3M
Net Income$2M
Employer EIN760238453
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifemd, Inc)

Sponsor-wide plan assets over time

All Lifemd, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$5M 299.14076630034384% vs 2022
2024 filing year
$0M$2M$4M$6M 202220232024 $1.18M $4.69M ▲ +297.5%
Year Plans Participants Total Assets
2022 1 130 $1M
2023 1 179 $3M
2024 1 186 $5M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lifemd, Inc 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Lifemd, Inc 401(k) Plan, Total assets ($B): 0.002722455 · Participants: 179Lifemd, Inc 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Lifemd, Inc 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Lifemd, Inc 401(k) Plan side-by-side with 3 peers →

Lifemd, Inc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Dacs Corp. 401(k) Plan in CO ($3M); by covered participants it is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (179 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 Lifemd, Inc 401(k) Plan assets move in 2023? ▼
Lifemd, Inc 401(k) Plan surged - up 131.6% during 2023, from $1M to $3M. Reported net income was $2M.
How have Lifemd, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lifemd, Inc's sponsor-wide assets grew 299.1%, from $1M to $5M.
Which 401(k) plans are similar in size to Lifemd, Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dacs Corp. 401(k) Plan in CO ($3M, 81 participants).
Which 401(k) plans cover a similar participant headcount to Lifemd, Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Progress Unlimited Inc. 401(k) Profit Sharing Plan and Trust in MD (179 participants, $4M 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 760238453.

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.