Other · DOL Form 5500 · 2023

Lifecare, Inc. Dba Friendship Village Retirement Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
189
Participants Below avg headcount
43rd
Percentile by assets National rank
$25,205
Avg per participant Low balance/head
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Official DOL plan name: Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan · Sponsored by Lifecare, Inc. Dba Friendship Village · Michigan · Healthcare & Social Assistance

$5M in assets, 189 participants

Lifecare, Inc. Dba Friendship Village's Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan reported $5M in total assets and 189 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #8,320 in Healthcare & Social Assistance (17,684 peers)

Coverage in Michigan

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan covers 189 participants in Michigan, about 30% of the average Michigan filer (state average ~638 per filing). Assets: $5M.

#8,320
in Healthcare & Social Assistance (17,684 peers)
+21.3%
assets growth YoY

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan vs every filed plan by assets

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

$4,763,742 43rd percentile higher than 43% 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

Lifecare, Inc. Dba Friendship Village 403(b) Employer 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. Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan sits mid-pack in the medium band (189 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan reported net income rose from $519K in the plan year 2022 filing to $836K in the plan year 2023 filing.
  • Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan reported participants fell from 214 in the plan year 2022 filing to 189 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 382067110 · Lifecare, Inc. Dba Friendship Village PY 2023 · Other

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan · $5M · 189 · 43rd

  • PART $5M
  • PART 189
  • PART 43rd
  • PART Other
  • PART near Little People's School Inc 403(b) Plan
  • PART ind #8320

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 →

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan in the asset neighbourhood

Personal Enrichment Through Mental Health Services, Inc. Retirement PlanPersonal Enrichment Through …$5MEmployee Benefit Plan of Circle of Care for Families and Children of Passaic County, Inc.Employee Benefit Plan of Cir…$5MBlue Ridge Medical Center Retirement PlanBlue Ridge Medical Center Re…$5MLifecare, Inc. Dba Friendship Village 403(b) Employer Retirement PlanLifecare, Inc. Dba Friendshi…$5MLittle People's School Inc 403(b) PlanLittle People's School Inc 4…$5M
End-of-year total assets ($M) among Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$836K
Employer EIN382067110
Plan Effective Date1995-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifecare, Inc. Dba Friendship Village)

Sponsor-wide plan assets over time

All Lifecare, Inc. Dba Friendship Village plans reported in each filing year

Latest sponsor-wide plan assets
$5M 29.545628730378475% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M 202220232024 $3.93M $5.09M ▲ +29.5%
Year Plans Participants Total Assets
2022 1 214 $4M
2023 1 189 $5M
2024 1 190 $5M

Nearby Other Plans in Michigan

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

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan, Total assets ($B): 0.004763742 · Participants: 189Lifecare, Inc. Dba Friendship Village 403(b) Employer 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
Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan vs. nearby Other plans in Michigan, assets vs. participants

Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is Little People's School Inc 403(b) Plan in MA ($5M); by covered participants it is Sun-Maid Growers of California Defined Contribution Pension Plan in CA (189 participants). Same-state nearby plans are listed separately above.

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 Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan assets move in 2023?
Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan grew sharply - up 21.3% during 2023, from $4M to $5M. Reported net income was $836K.
How have Lifecare, Inc. Dba Friendship Village plan assets changed over time?
Across 3 plan years on file (2022-2024), Lifecare, Inc. Dba Friendship Village's sponsor-wide assets grew 29.5%, from $4M to $5M.
Which Other plans are similar in size to Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan?
Among Other plans in other states, the closest by assets is Little People's School Inc 403(b) Plan in MA ($5M, 100 participants).
Which Other plans cover a similar participant headcount to Lifecare, Inc. Dba Friendship Village 403(b) Employer Retirement Plan?
Among Other plans in other states, the closest by covered participants is Sun-Maid Growers of California Defined Contribution Pension Plan in CA (189 participants, N/A in assets).