Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Lifelong Medical Care Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Lifelong Medical Care · California · Healthcare & Social Assistance

What the 2023 filing shows

Lifelong Medical Care Retirement Plan holds $35M for 887 participants — about $40,014 per participant, up 34.2% over the 2024 plan year.

$35M
total plan assets (2024 EOY)
887
covered participants
$40,014
avg assets per participant
+34.2%
assets growth YoY
Total Assets (2023)
$35M
Participants
887
State
Industry
Healthcare & Social Assistance

What the Filing Says About Lifelong Medical Care Retirement Plan

Lifelong Medical Care Retirement Plan is a Profit Sharing retirement plan sponsored by Lifelong Medical Care, headquartered in California. As of the 2024 Form 5500 filing, the plan reports $35M in total end-of-year assets and covers 887 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 942502308, and the plan has been effective since 2006-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $26M at the beginning of 2024 to $35M at year-end — a gain of 34.2%. Net assets (after liabilities) closed the year at $35M, with reported net income of $9M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$26M
Total Assets (End of Year)$35M
Net Assets (End of Year)$35M
Net Income$9M
Plan TypeProfit Sharing
Employer EIN942502308
Plan Effective Date2006-07-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in California

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

Frequently Asked Questions

How much money is in the Lifelong Medical Care Retirement Plan?
As of the 2024 Form 5500 filing, Lifelong Medical Care Retirement Plan holds $35M in total assets with 887 participants. It is sponsored by Lifelong Medical Care.
What type of plan is Lifelong Medical Care Retirement Plan?
Lifelong Medical Care Retirement Plan is a Profit Sharing plan. It has been effective since 2006-07-01. The plan is filed with the U.S. Department of Labor under EIN 942502308.
Who sponsors the Lifelong Medical Care Retirement Plan?
Lifelong Medical Care Retirement Plan is sponsored by Lifelong Medical Care, located in California. The sponsor's EIN is 942502308 and the plan operates in the Healthcare & Social Assistance industry.
How did Lifelong Medical Care Retirement Plan perform in 2024?
Lifelong Medical Care Retirement Plan grew by 34.2% during 2024, moving from $26M to $35M in total assets. Net income was $9M.
Where can I find official filings for Lifelong Medical Care Retirement Plan?
Official Form 5500 filings for Lifelong Medical Care Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 942502308 or plan name at efast.dol.gov.
How does Lifelong Medical Care Retirement Plan compare to other plans?
You can compare Lifelong Medical Care Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 942502308.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.