Profit Sharing · DOL Form 5500 · 2024

Life, Inc. Profit Sharing Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
428
Participants Below avg headcount
52nd
Percentile by assets National rank
$19,377
Avg per participant Low balance/head
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Official DOL plan name: Life, Inc. Retirement Plan and Trust · Sponsored by Life, Inc. · North Carolina · Healthcare & Social Assistance

$8M in assets, 428 participants

Life, Inc.'s Life, Inc. Retirement Plan and Trust reported $8M in total assets and 428 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #9,616 in Healthcare & Social Assistance (16,916 peers)

Life, Inc. multi-year trail

Life, Inc.'s plans moved +11.3% in assets from 2022 to 2024; this filing shows Life, Inc. Retirement Plan and Trust at $8M / 428 participants.

#9,616
in Healthcare & Social Assistance (16,916 peers)
+6.0%
assets growth YoY

Life, Inc. Retirement Plan and Trust's mid-pack asset rank among Healthcare & Social Assistance and all filers

Life, Inc. Retirement Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$8,293,510 Top 48% higher than 52% of 123,620 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 2024

Life, Inc. Retirement Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Life, Inc. Retirement Plan and Trust sits mid-pack in the medium band (428 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Life, Inc. Retirement Plan and Trust reported net income rose from $371K in the plan year 2023 filing to $468K in the plan year 2024 filing.
  • Life, Inc. Retirement Plan and Trust end-of-year assets rose from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Life, Inc. Retirement Plan and Trust reported participants rose from 417 in the plan year 2023 filing to 428 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 561612948 · Life, Inc. PY 2024 · Profit Sharing

Life, Inc. Retirement Plan and Trust · $8M · 428 · 52nd

  • BOOK $8M
  • VS-ST 428
  • BOY 52nd
  • SCH Profit Sharing
  • EBSA near George D. Perlman, P.a. Profit Sharing Plan and Trust
  • PART ind #9616

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 North Carolina →

Life, Inc. Retirement Plan and Trust in the asset neighbourhood

Life, Inc. Retirement Plan and TrustLife, Inc. Retirement Plan a…$8MGeorge D. Perlman, P.a. Profit Sharing Plan and TrustGeorge D. Perlman, P.a. Prof…$8MKershawhealth 403b Retirement PlanKershawhealth 403b Retiremen…$8MGeo Foundation 403(b) Plan$8MSimflo, LLC Employee Profit Sharing PlanSimflo, LLC Employee Profit …$8M
End-of-year total assets ($M) among Life, Inc. Retirement Plan and Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Life, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Life, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 11.25006639985105% vs 2022
2024 filing year
$7M$7.5M$8M$8.5M 202220232024 $7.45M $8.29M ▲ +11.3%
Year Plans Participants Total Assets
2022 1 406 $7M
2023 1 417 $8M
2024 1 428 $8M

Life, Inc. filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$468K
Employer EIN561612948
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in North Carolina

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

Life, Inc. Retirement Plan and Trust vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10123 Total assets ($B) Participants Life, Inc. Retirement Plan and Trust, Total assets ($B): 0.00829351 · Participants: 428Life, Inc. Retirement Plan and TrustTax Deferred Savings Plan of Novant Health, Inc., Total assets ($B): 2.543711307 · Participants: 38137Tax Deferred Savings Plan of Novant Health, Inc.Charter Communications, Inc. Retirement Accumulation Plan, Total assets ($B): 1.475076189 · Participants: 96794Charter Communications, Inc. Retirement Accumulation PlanFirsthealth of the Carolinas, Inc. Retirement Growth Plan, Total assets ($B): 0.121170094 · Participants: 5933Firsthealth of the Carolinas, Inc. Retirement Growth PlanBaker & Taylor Retirement Savings Plan, Total assets ($B): 0.073097403 · Participants: 1336Baker & Taylor Retirement Savings PlanWhap PA Profit Sharing Plan, Total assets ($B): 0.049559221 · Participants: 0Whap PA Profit Sharing Plan
Life, Inc. Retirement Plan and Trust vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Life, Inc. Retirement Plan and Trust's out-of-state Profit Sharing peers by assets and headcount

Outside North Carolina, the nearest Profit Sharing by assets is George D. Perlman, P.a. Profit Sharing Plan and Trust in FL ($8M); by covered participants it is Cognia ERISA 403(b) Plan in GA (428 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (428 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Life, Inc. Retirement Plan and Trust assets move in 2024?
Life, Inc. Retirement Plan and Trust grew at a solid clip - up 6.0% during 2024, from $8M to $8M. Reported net income was $468K.
How have Life, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Life, Inc.'s sponsor-wide assets grew 11.3%, from $7M to $8M.
Which Profit Sharing plans are similar in size to Life, Inc. Retirement Plan and Trust?
Among Profit Sharing plans in other states, the closest by assets is George D. Perlman, P.a. Profit Sharing Plan and Trust in FL ($8M, 5 participants).
Which Profit Sharing plans cover a similar participant headcount to Life, Inc. Retirement Plan and Trust?
Among Profit Sharing plans in other states, the closest by covered participants is Cognia ERISA 403(b) Plan in GA (428 participants, $102M in assets).