401(k) · DOL Form 5500 · 2023

Lifespace Communities, Inc. 401(k) Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
4,244
Participants Above avg headcount
88th
Percentile by assets National rank
$15,260
Avg per participant Low balance/head
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Official DOL plan name: Lifespace Communities 403(b) Plan · Sponsored by Lifespace Communities, Inc. · Texas · Healthcare & Social Assistance

$65M in assets, 4,244 participants

Lifespace Communities, Inc.'s Lifespace Communities 403(b) Plan reported $65M in total assets and 4,244 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,866 in Healthcare & Social Assistance (17,684 peers)

Coverage in Texas

Lifespace Communities 403(b) Plan covers 4,244 participants in Texas, 6.2x the typical Texas plan (state average ~688 per filing). Assets: $65M.

#15,866
in Healthcare & Social Assistance (17,684 peers)
+19.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Lifespace Communities 403(b) Plan's outsized position by total assets

Lifespace Communities 403(b) Plan vs every filed plan by assets

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

$64,762,259 Top 12% higher than 88% 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

Lifespace Communities 403(b) Plan'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. Lifespace Communities 403(b) Plan lands in the large band (4,244 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lifespace Communities 403(b) Plan reported net income rose from -$8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Lifespace Communities 403(b) Plan reported participants rose from 2,722 in the plan year 2022 filing to 4,244 in the plan year 2023 filing.
  • Lifespace Communities 403(b) Plan end-of-year assets rose from $54M in the plan year 2022 filing to $65M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 421068850 · Lifespace Communities, Inc. PY 2023 · 401(k)

Lifespace Communities 403(b) Plan · $65M · 4,244 · 88th

  • BOOK $65M
  • BOOK 4,244
  • BOOK 88th
  • BOOK 401(k)
  • BOOK near Shore United Bank 401(k) Plan
  • BOOK ind #15866

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 Texas →

Lifespace Communities 403(b) Plan in the asset neighbourhood

Faro 401(k) Plan$65MLifespace Communities 403(b) PlanLifespace Communities 403(b)…$65MShore United Bank 401(k) Plan$65MSimpson Housing 401(k) Retirement PlanSimpson Housing 401(k) Retir…$65MSihf Healthcare Savings and Investment PlanSihf Healthcare Savings and …$65M
End-of-year total assets ($M) among Lifespace Communities 403(b) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$65M
Net Income$10M
Employer EIN421068850
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifespace Communities, Inc.)

Sponsor-wide plan assets over time

All Lifespace Communities, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 41.02708531631457% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $54.4M $76.7M ▲ +41.0%
Year Plans Participants Total Assets
2022 1 2,722 $54M
2023 1 4,244 $65M
2024 1 4,372 $77M

Nearby 401(k) Plans in Texas

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

Lifespace Communities 403(b) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Lifespace Communities 403(b) Plan, Total assets ($B): 0.064762259 · Participants: 4244Lifespace Communities 403(b) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Lifespace Communities 403(b) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Lifespace Communities 403(b) Plan side-by-side with 3 peers →

Lifespace Communities 403(b) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Shore United Bank 401(k) Plan in MD ($65M); by covered participants it is Hologic, Inc. Savings and Investment Plan in MA (4,243 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($65M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,244 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 Lifespace Communities 403(b) Plan assets move in 2023? ▼
Lifespace Communities 403(b) Plan grew sharply - up 19.1% during 2023, from $54M to $65M. Reported net income was $10M.
How have Lifespace Communities, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lifespace Communities, Inc.'s sponsor-wide assets grew 41.0%, from $54M to $77M.
Where does Lifespace Communities 403(b) Plan rank by assets among Form 5500 filers? ▼
Lifespace Communities 403(b) Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Lifespace Communities 403(b) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Shore United Bank 401(k) Plan in MD ($65M, 665 participants).
Which 401(k) plans cover a similar participant headcount to Lifespace Communities 403(b) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hologic, Inc. Savings and Investment Plan in MA (4,243 participants, $1.0B 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 421068850.

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.