Profit Sharing · DOL Form 5500 · 2023

Lifesouth Community Blood Centers Inc. Profit Sharing Plan

Data updated 2026-08-11

$26M
Total assets
629
Participants
77th
Percentile by assets
$41,409
Avg per participant
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Official DOL plan name: Lifesouth Retirement Plan · Sponsored by Lifesouth Community Blood Centers Inc. · Florida · Healthcare & Social Assistance

$26M in assets, 629 participants

Lifesouth Community Blood Centers Inc.'s Lifesouth Retirement Plan reported $26M in total assets and 629 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • 77th percentile by assets (of 127,072 plans)
  • #14,264 in Healthcare & Social Assistance (17,684 peers)

Where Lifesouth Retirement Plan sits by assets

Lifesouth Retirement Plan sits in the top quartile of all filed plans by assets, $26M for 629 participants (~$41,409/participant), up 19.0% in 2023.

$26M
total plan assets (2023 EOY)
629
covered participants
77th
percentile by assets (of 127,072 plans)
$41,409
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lifesouth Retirement Plan reported net income rose from -$759K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Lifesouth Retirement Plan end-of-year assets rose from $22M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Lifesouth Retirement Plan reported participants rose from 615 in the plan year 2022 filing to 629 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Lifesouth Retirement Plan vs the 2023 asset distribution

By assets, Lifesouth Retirement Plan outranks 77% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$26M
Net Income$4M
Employer EIN591545914
Plan Effective Date2009-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifesouth Community Blood Centers Inc.)

$25M$30M$35M$40M$45M 202220232024 $29.5M $40.6M ▲ +37.4%
Total plan assets by year, all Lifesouth Community Blood Centers Inc. plans on file
Year Plans Participants Total Assets
2022 2 759 $30M
2023 3 1,767 $36M
2024 2 1,789 $41M

Nearby Profit Sharing Plans in Florida

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

Lifesouth Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Lifesouth Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Lifesouth Retirement…Retirement Wealth Bu…Raymond James Financ…Orlando Health, Inc.…Shands Health Care M…American Maritime Of…
Lifesouth Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Lifesouth Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Lifesouth Retirement Plan assets move in 2023?
Lifesouth Retirement Plan grew sharply - up 19.0% during 2023, from $22M to $26M. Reported net income was $4M.
How have Lifesouth Community Blood Centers Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lifesouth Community Blood Centers Inc.'s sponsor-wide assets grew 37.4%, from $30M to $41M.
Where does Lifesouth Retirement Plan rank by assets among Form 5500 filers?
Lifesouth Retirement Plan ranks in the 77th 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 Profit Sharing plans are similar in size to Lifesouth Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is The Promptcare Companies, Inc. 401(k) Plan in NJ ($26M, 752 participants).

Scale reading

Ways to act on Lifesouth Retirement Plan's numbers.